Novonix (ASX:NVX)- Managing Director, Philip St Barker - The Market HeraldManaging Director, Philip St BarkerSourced: Novonix
  • Novonix (NVX) has been appointed by Lake Resources (LKE) to produce high-performance lithium-ion battery test cells using Lake's lithium carbonate
  • Under the agreement, the company will receive lithium carbonate samples from Lake
  • The samples will be used with commercial battery cathode precursor materials to form an NMC622 cathode and battery
  • Lake's Managing Director, Steve Promnitz, says Novonix is a highly-respected and groundbreaking battery testing company
  • On the market this morning, Novonix is up 11.8 per cent and is trading for $1.71 per share, while Lake is up 6.25 per cent and is trading for 3.4 cents per share