Australia's Novonix eyes best day in 10 months on first delivery to top US client

Novonix

29/09/2025 06:03

** Shares of Novonix NVX.AX rise 17.7% to A$0.075, on track for best session since November 25 if gains hold

** Hits highest level since September 5

** Battery materials co delivers first mass production sample of synthetic graphite to an unnamed top U.S. customer

** Adds that its Riverside facility in Tennessee will start mass production next year for its lead customer, Panasonic

** About 20.8 mln shares change hands, 2.9x the 30-day average of 7.1 mln

** Stock down nearly 32% YTD

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))