Admiral

NOVONIX Announces Participation in April Investor Events

Retrieved on: 
Tuesday, April 9, 2024

BRISBANE, Australia, April 10, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in April 2024:

Key Points: 
  • BRISBANE, Australia, April 10, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in April 2024:
    NOVONIX’s Annual General Meeting will be held in Brisbane, Australia on April 17th, details for participation can be found at the designated AGM webpage ;
    Dr. Chris Burns, CEO of NOVONIX, will provide prepared remarks in a business update webcast for the quarter-ended March 31st, 2024.
  • The webcast link and presentation materials will be available Wednesday, April 17th at 8:30 am AEST or Tuesday, April 16th at 6:30 pm EDT;
    Maxim Group is hosting their International Mining Collaboration: The World Needs More Mining & Processing virtual conference on April 23rd with NOVONIX participating at 11:30 am EDT; and
    Janney Montgomery Scott Virtual CEO Fireside Chat, April 24th at 1:00 pm EDT.
  • This announcement has been authorized for release by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.

U.S. Government Selects NOVONIX to Receive US$103 Million in Qualifying Advanced Energy Project Tax Credits

Retrieved on: 
Monday, April 1, 2024

Importantly, under the IRA, a qualifying advanced energy project credit can be monetized through its sale for cash, in addition to using this tax credit to offset income tax liability.

Key Points: 
  • Importantly, under the IRA, a qualifying advanced energy project credit can be monetized through its sale for cash, in addition to using this tax credit to offset income tax liability.
  • The Company has a period of two years within which to satisfy the requirements and claim the tax credit.
  • This is the latest example of NOVONIX’s continued support from the U.S. government.
  • Dr. Chris Burns, CEO of NOVONIX, said, “In a period already filled with company milestones, the approval of our 48C application strengthens our financing strategy and demonstrates another significant landmark for NOVONIX.

NOVONIX Releases Inaugural Sustainability Report

Retrieved on: 
Thursday, March 7, 2024

BRISBANE, Australia, March 08, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it has released its inaugural Sustainability Report.

Key Points: 
  • BRISBANE, Australia, March 08, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it has released its inaugural Sustainability Report.
  • NOVONIX’s Sustainability Report underscores the Company’s dedication to running a profitable, ethical, and sustainable business.
  • We are proud to publish our inaugural Sustainability Report to share our progress in promoting clean energy.”
    The Sustainability Report presents the Company’s achievements to date, its plans moving forward, and the framework established to facilitate continuing progress.
  • To access NOVONIX’s inaugural Sustainability Report, please visit NOVONIX’s 2023 Sustainability Report on the Sustainability page of our website.

NOVONIX Announces Participation in Upcoming Investor Events

Retrieved on: 
Sunday, February 25, 2024

BRISBANE, Australia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in February and March 2024:

Key Points: 
  • BRISBANE, Australia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in February and March 2024:
    Baird 2024 Vehicle Technology & Mobility Conference to be held virtually on February 29, 2024; and
    Gabelli Funds 15th Annual Specialty Chemical Symposium to be held March 14, 2024, in New York City.
  • NOVONIX management will be available to host one-on-one and group investor meetings during the conferences.
  • Presentation materials and available webcast links will be available prior to each event on the NOVONIX investor relations website .
  • This announcement has been authorized for release by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.

Lummus Announces Heater Supply Contract for Mega Petrochemical Project in Saudi Arabia

Retrieved on: 
Thursday, February 22, 2024

HOUSTON, Feb. 22, 2024 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced a contract award from Hyundai Engineering & Construction Co. Ltd. to provide eight proprietary Short Residence Time (SRT®) ethylene cracking heaters at SATORP's Amiral petrochemical complex in the Kingdom of Saudi Arabia.

Key Points: 
  • "Licensing multiple technologies and supplying the cracking heaters for the Amiral project underscores Lummus' ability to integrate technology, proprietary equipment and lifecycle services during customers' capital investment and operation cycles," said Rutger Theunissen, Chief Business Officer of Services and Supplies, Lummus Technology.
  • These factors — combined with Lummus' best-in-class technologies — will enhance and optimize SATORP's operations well into the future."
  • The Amiral integrated refinery and petrochemical complex is operated by SATORP, a joint venture between Saudi Aramco and TotalEnergies.
  • For more than 75 years, the Lummus Heat Transfer business has supplied heat transfer equipment and systems to the process and power industries.

Admiral Selects Google Cloud to Accelerate Innovative Customer Experiences

Retrieved on: 
Wednesday, February 14, 2024

LONDON, Feb. 14, 2024 /PRNewswire/ -- Admiral, a leading financial services company in the UK and part of the Admiral Group, has selected Google Cloud as a strategic cloud partner.

Key Points: 
  • LONDON, Feb. 14, 2024 /PRNewswire/ -- Admiral, a leading financial services company in the UK and part of the Admiral Group, has selected Google Cloud as a strategic cloud partner.
  • Skills: As part of the partnership, Admiral will work with Google Cloud to upskill its employees in cloud computing and data analytics skills.
  • Additionally, Admiral will continue to support external initiatives such as Code First Girls in collaboration with Google Cloud.
  • "Google Cloud's cutting-edge tech and expertise allows us to accelerate our digital transformation journey and helps us to deliver forward-thinking customer experiences."

NOVONIX Hosts Webcast with Dr. Chris Burns Following Panasonic Off-Take Announcement

Retrieved on: 
Sunday, February 11, 2024

BRISBANE, Australia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, shared a webcast with CEO, Dr. Chris Burns, discussing the Company’s recent announcement of an off-take agreement with Panasonic Energy, a leading manufacturer of electric vehicle (“EV”) batteries in North America.

Key Points: 
  • BRISBANE, Australia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, shared a webcast with CEO, Dr. Chris Burns, discussing the Company’s recent announcement of an off-take agreement with Panasonic Energy, a leading manufacturer of electric vehicle (“EV”) batteries in North America.
  • The webcast link and presentation materials are available as of Monday, February 12, 2024, at 9:30 am AEDT or Sunday, February 11, 2024, at 5:30 pm EST for interested parties in the United States.
  • The webcast and presentation are available on the NOVONIX investor relations website .
  • This announcement has been authorized for release by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.

Panasonic Energy and NOVONIX Sign Binding Off-Take Agreement

Retrieved on: 
Thursday, February 8, 2024

BRISBANE, Australia, Feb. 09, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, and Panasonic Energy Co., Ltd. (“Panasonic Energy”), a leading manufacturer of electric vehicle (“EV”) batteries in North America, today announced the signing of a binding off-take agreement for high-performance synthetic graphite anode material to be supplied to Panasonic Energy’s North American operations from NOVONIX’s Riverside facility in Chattanooga, Tennessee.

Key Points: 
  • Under the off-take agreement, Panasonic Energy has agreed to purchase at least 10,000 tonnes of anode material for use in their U.S. plants over the term of 2025-2028.
  • During the term, if additional volumes are requested by Panasonic Energy, NOVONIX shall use its best efforts to deliver the increased volumes.
  • NOVONIX and Panasonic Energy began working together on product sampling and testing after signing a memorandum of understanding with subsidiary, Sanyo Electric Co., Ltd., in 2019.
  • As Panasonic Energy expands its cell manufacturing presence in North America, NOVONIX’s product development and sampling have been focused on Panasonic Energy’s product requirements for its U.S. plants.

NOVONIX Appoints Sharan Burrow AC to Board of Directors

Retrieved on: 
Sunday, February 4, 2024

BRISBANE, Australia, Feb. 05, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced the appointment of Sharan Burrow AC to its Board of Directors, effective 28 February, 2024.

Key Points: 
  • BRISBANE, Australia, Feb. 05, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced the appointment of Sharan Burrow AC to its Board of Directors, effective 28 February, 2024.
  • Chairman Robert J. Natter said: "Ms. Burrow is a global leader in creating thriving and diverse workplaces with responsible governance.
  • I am delighted to welcome Ms. Burrow to the NOVONIX Board of Directors, recognizing her extensive experience and outstanding qualifications."
  • “NOVONIX is an exciting company on the cutting edge of technology that can help transition the world away from fossil fuels,” said Ms. Burrow.

NOVONIX to Host Fourth Quarter 2023 Operations Update

Retrieved on: 
Wednesday, January 24, 2024

BRISBANE, Australia, Jan. 25, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it plans to release its fourth quarter 2023 Quarterly Activities Report on Tuesday, January 30, 2024.

Key Points: 
  • BRISBANE, Australia, Jan. 25, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it plans to release its fourth quarter 2023 Quarterly Activities Report on Tuesday, January 30, 2024.
  • Dr. Chris Burns, CEO of NOVONIX, will also provide prepared remarks of the quarterly activities for the quarter ended December 31, 2023.
  • The webcast link and presentation materials will be available Tuesday, January 30, 2023 at 8:30 am AEDT or Monday, January 29, 2023 after markets close at 5:30 pm EST for interested parties in the United States.
  • This announcement has been authorized for release by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.