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Mining firm digs battery tester

Thu, 06/01/2017 - 10:51 -- Xuan Zhong
Mining firm digs battery tester

Brisbane-based mining minnow Graphitecorp is buying the rest of Novonix, a battery testing equipment provider based in Canada.

Graphitecorp, which is developing a graphite mine in western Queensland, Australia, bought two-thirds of Novonix in March. Now it has agreed to buy the remaining third from Contemporary Amperex Technology Co Ltd (CATL), a lithium-ion battery maker in China. The deal is due for completion on 1 June.


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