Phillips 66 taking 16% stake in synthetic graphite supplier NOVONIX; building US-based battery supply chain

Green Car Congress
By mmillikinAug 10, 2021, 6:00 am259 pts
Phillips 66 has entered into an agreement to acquire a 16% stake in NOVONIX Limited, an Australia-based company that develops and supplies synthetic graphite materials for lithium-ion battery anodes. NOVONIX’s anode materials business is based in Chattanooga, Tennessee, where it is increasing capacity to…

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