Australia's NOVONIX rises on mass production sample delivery to Panasonic Energy

Panasonic Energy India

11/06/2026 02:05

   ** Shares of NOVONIX NVX.AX rise as much as 23.8% to A$0.263, set for their best session since mid-October , if gains hold
** Stock hits its highest level since June 3
** The battery tech company announces delivery of a mass production qualification sample of synthetic graphite anode active material to Panasonic Energy
** Company reaffirms forecast of mass production for Panasonic in the second half of 2027 
** About 3.2 million shares change hands, 1.4 times the 30-day avg 
** Stock down ~40% YTD, including the session's moves
     

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))