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NOVONIX awarded USD 103M in tax credits by US gov’t for battery materials production

Novonix, an ASX-listed manufacturer of battery materials and technology, has been chosen by the US Department of Energy (DOE) to receive a USD 103 million (AUD 159 million) tax credit under the Qualifying Advanced Energy Project Allocation Program.
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Australian Manufacturing Week 2026 enters final run-up to Brisbane debut

Australia’s manufacturing sector continues to play a critical role in the national economy, underpinned by ongoing investment in advanced technologies, automation, and high-value production.