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Why is the Novonix share price surging 16% higher today?

The Novonix Ltd (ASX: NVX) share price is surging higher again on Monday. Here's why its shares are on fire right now.

DOE awarding $1 6B to 11 battery materials separation and processing projects as part of $2 8B funding

The US Department of Energy (DOE) is awarding a combined $2.8 billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. (Earlier post.) Of that, $1.6 billion will go to 11 projects.

Vianode invests NOK 2 billion in battery materials plant in Norway

Vianode, a company owned by Elkem, Hydro and Altor, has decided to invest in its first industrial-scale plant for sustainable battery materials at Herøya in Norway. The investment of around NOK 2 .

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