NVX 1.37% 72.0¢ novonix limited

Media Watch - NVX related, page-9189

  1. Sy8
    618 Posts.
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    Great find, That is interesting, something to look into.

    Did you see the IRA news? Sad day for companies wanting tax credits, using Chinese materials in in batteries in the US.


    Batteries that contain minerals that “were extracted, processed, or recycled by a foreign entity of concern,” which is defined as a state sponsoring terrorism or countries blocked by the Treasury Department’s Office of Foreign Assets Control, would be ineligible for the credit. China is
    listed as a “foreign entity of concern” by the federal government.

    https://www.theverge.com/2023/3/31/23664636/federal-ev-tax-credit-vehicles-qualify-eligible-battery-china

 
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