Media Watch - NVX related, page-36

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AFR
https://www.copyright link/companies/manufacturing/why-the-us-could-tap-asx-listed-battery-materials-maker-20200621-p554lx


Battery materials company Novonix Limited says COVID-19 might have slowed electric vehicles sales in the short term but it has sharpened Washington’s focus on investing in non-China supply chains.Novonix has caught the eye of the US government after establishing itself as a credible non-Chinese supplier of synthetic graphite anode material and a potential ground-breaker in cathode technology.The company, which has Washington H. Soul Pattinson and Regal Funds Management as substantial shareholders, is looking to build on an initial supply agreement with Samsung to fund ambitious growth plans.But it could also tap into attractive US government loan packages aimed at supporting advantaged manufacturing as Washington seeks to cut its reliance on China.Novonix is also trying to patent technology it has developed around producing single-crystal cathode materials that are vital in producing longer life, or so-called million-mile, batteries.Working in Novonix’s favour is that its board includes former DowDuPont executive chairman Andrew Liveris and former US Atlantic fleet commander in chief Robert Natter.