Break it Down: Novonix’ potential US$755m loan for synthetic graphite

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.

In this episode, host Sarah Hughan tells all on Novonix’ (ASX:NVX) subsidiary receiving conditional commitment for a US Department of Energy loan up to the value of US$755M.

The funding will help finance a new facility in the US state of Tennessee, which would produce enough synthetic graphite to supply 325,000 new electric vehicles a year.

Tune in to get the latest.