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NGX Limited ( (AU:NGX) ) has provided an update.
NGX Limited has announced a breakthrough in producing spherical graphite from previously discarded fines material, in collaboration with global technology partners. This process not only increases yields but also boosts the value of anode materials, potentially improving project economics and marketability. The company is focused on optimizing the production of finer spherical graphite to meet the high-demand requirements of fast-charging battery applications, which could offer significant advantages in terms of performance and pricing.
More about NGX Limited
NGX Limited operates within the graphite industry, focusing on the production of high-value anode materials derived from natural flake graphite. The company is engaged in the development of innovative technologies to enhance graphite production, particularly for the lithium-ion battery market.
YTD Price Performance: -16.67%
Average Trading Volume: 73,729
Technical Sentiment Consensus Rating: Strong Buy
See more data about NGX stock on TipRanks’ Stock Analysis page.
