NOVONIX Ltd (ASX:NVX) US$5.57M Award from the U.S. Department of Energy
PUREgraphite Awarded US$5.57M from the U.S. Department of Energy (DOE) for New Technology Development
US$5.57M Award from the U.S. Department of EnergyBrisbane, Jan 21, 2021 AEST (ABN Newswire) - NOVONIX Limited (
OTCMKTS:NVNXF) is pleased to announce that its wholly owned, U.S.-based subsidiary, PUREgraphite, has been selected to receive a US$5,577,738 grant under the Advanced Manufacturing Office FY20 Critical Minerals FOA (Funding Opportunity Announcement): Next-Generation Technologies and Field Validation (DEFOA-0002322).
This U.S. Department of Energy FOA specifically highlighted processing of battery critical minerals including synthetic graphite. The submission from PUREgraphite, based in Chattanooga, Tennessee, was the only graphite-based project to be funded under this FOA.