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Novonix gets $1.2B offer for second US graphite plant

DoE loan to back another synthetic graphite facility as US targets domestic energy independence

Haydn Black
Novonix gets $1.2B offer for second US graphite plant

Credits: Novonix

Australia-based Novonix has been offered a further A$1.2 billion (US$754 million) in loans from the US Department of Energy to support the construction of a second planned synthetic graphite plant at Chattanooga...

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