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clock Created with Sketch. 11/12/23
09:43
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. Goodness me, talk about emotional. LB assets don’t halve in depreciation in 4 months, hell the cathode pilot line was only commissioned 5 months ago.
Originally posted by Scubeedoo:
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Novonix are ready to scale their next generation cathode technology but lack of capital to fund multiple projects is the obvious restriction, Fed funding will help but add the benefits of a JV and it could rapidly progress the process to production in 2026.
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That’s a good point, if they can produce 20ktpa from a 10 acre building why do they need 182 acres. Mark McArthur is giving an update on the Cathode pilot plant this week & I agree feels due for news.
(20min delay)