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NOVONIX to expand domestic graphite anode production with USD 100 million DOE grant

Battery materials and technology company NOVONIX has secured a $100 million grant from the US Department of Energy (DOE) to enhance the domestic production of high-performance, synthetic graphite anode materials.
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.