NOVONIX Ltd (AU:NVX) has released an update.
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NOVONIX Limited has partnered with CBMM to develop enhanced nickel-based cathode materials for batteries, leveraging NOVONIX’s sustainable, patented all-dry synthesis process and CBMM’s niobium products. The collaboration aims to produce cathode materials with improved performance and cost-effectiveness, with potential future integration into NOVONIX’s production. The agreement underscores NOVONIX’s commitment to advancing battery technology for the electric vehicle and energy storage sectors.
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