Media Watch - NVX related, page-1390

Fyi The Investor2 - Novonix seems to be ramping up production of their PUREgraphite anode factory faster than what they are showing in their presentations if you listen to what Group CEO Phil St Baker says in his last webinar below.

If you also listen carefully tothe webinar by NVX Group CEO Phil St Baker, he discusses the plan to ramp upwill be faster than what is in the presentations....

https://www.finnewsnetwork.com.au/Presentations/FNN_Event_2020/Aug/Novonixb/index.html

From the 14min 40sec mark, NVX Group CEO PhilSt Baker states,

"that's our initial plan at the moment,the growth of this market is such that there is a high degree of opportunityfor us to accelerate to 100,000 tonnes A LOT QUICKER THAN WHAT WE"RESHOWING YOU ON THIS PLAN.

This plan is what we consider a very modest forwhat we can achieve....its a plan we plan to improve on significantly as wemove forward"
Also, The Limiting Factor asked Novonix CEO Dr Chris Burns if they plan on scaling more quickly, you can see Dr Burns'response in red underline below....



We also need to take into account the significant reduction in capex costs and time that their Dry Particle Microgranulation breakthrough will have for their PUREgraphite anode factory expansion.

They have been applying the DPMG manufacturing process to the PUREgraphite plant which will significantly reduce capex time and cost.




DPMG completely eliminates the need for massive water storage, water pumps & filtration, environmental approvals, water treatment, chemical storage and processing systems as well as eliminates the need for Continuous Stirred Tank Reactors, Ovens and Driers!

The physical size of the PUREgraphite factory will be less than 40% of the previous size due to this DPMG breakthrough!