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Graphitecorp

Canada funding for Novonix

Fri, 09/08/2017 - 09:55 -- News Editor
Canada funding for Novonix

Canada’s government is investing CAD500,000 ($396,000) in Nova Scotia-based battery testing equipment provider, Novonix Battery Testing Services Inc.

Lithium-ion specialist Novonix, which became wholly-owned by Australian mining minnow Graphitecorp earlier this year, said the funds from the Atlantic Canada Opportunities Agency would help it expand its international marketing.

 

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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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