Articles On Novonix (ASX:NVX)

ASX 200 buyers stepped in at the opening bell after four straight losing sessions, but by the close of trade the index had edged into negative territory as the mining selloff continues. The ASX 200 Materials index followed yesterday’s 3.68%...

Highlights The ASX 200 is trading on a weak note following Wall Street’s negative closing in overnight trade. Domestic miners are weighed down by correction in commodity prices. The Australian benchmark index fell to its lowest level...

ShareCafeStrategic Investor in Novonix Drives Valuation Higher NOVONIX (NVX) announces that strategic investor Phillips 66 (PSX) has entered into an agreement with NVX to acquire 77.9m new shares for US$150m (A$203m). PSX is the world’s lar...

Summary The demand for batteries is ballooning due to a rise in the burgeoning electric vehicle and renewable energy markets. At the current rate, the demand for lithium is expected to rise nearly 40 folds by 2040, as per IEA estimates...

World Overnight SPI Overnight (Jun) 7503.00 + 10.00 0.13% S&P ASX 200 7584.30 + 21.70 0.29% S&P500 4447.70 + 10.95 0.25% Nasdaq Comp 14765.14 – 22.95 – 0.16% DJIA 35484.97 + 220.30 0.62% S&P500 VIX 16.06 – 0.73 – 4...

The S&P/ASX 200 Index (ASX: XJO) had an interesting day of trading today. At market close, the ASX 200 ended the day slightly higher, having risen 0.29% to 7,584 points. But let’s now take a deeper look into the ASX 200 shares that hav...

The ASX 200 touched new fresh intraday highs today of 7,615, before softening towards the close to 7,576 for a 0.19% gain. Utilities, energy, and miners were the best performers, while tech and telco stocks underperformed. Commonwealth Bank...

The S&P/ASX 300 Index (ASX: XKO) is surging during afternoon trade as we continue to progress through the earnings season. At the time of writing, the ASX 300 is again moving into uncharted territory, hitting a record high of 7,600 poi...

ShareCafeNVX – Morgans rates the stock as Add Phillips 66, the major US refiner is buying around 78m of new shares at in Novonix at circa  $2.63 based on current spot exchange rates. The cash will help fund an increase in Novonix Anode Mate...

World Overnight SPI Overnight (Jun) 7482.00 + 19.00 0.25% S&P ASX 200 7562.60 + 24.20 0.32% S&P500 4436.75 + 4.40 0.10% Nasdaq Comp 14788.09 – 72.09 – 0.49% DJIA 35264.67 + 162.82 0.46% S&P500 VIX 16.79 + 0.07 0.42...

The S&P/ASX 200 Index (ASX: XJO) is having a decent, if not inspiring, day of trading this Tuesday. At market close, the ASX 200 is a fair 0.32% to 7,563 points after making a fresh new all-time high of 7,576.3 points earlier this morn...

After a sluggish start, the ASX200 posted a solid session with steady gains across all the major indexes. Gains were led by the IT sector, on another good day for Afterpay (ASX:APT) which has continued to track higher following last week’s...

The ASX closed today at a new record high. The ASX 200 closed at 7,563 points, 0.32% higher than yesterday. The best sector was tech which gained over 1.5%, while industrials retreated over 1%. The rise of the market came despite NSW reachi...

10 Aug 2021 - A snapshot of some of the news that broke today, featuring Challenger (ASX:CGF), Megaport (ASX:MP1) & Novonix (ASX:NVX).

The S&P/ASX 300 Index (ASX: XKO) is relatively flat today, despite some companies charging strongly on Tuesday. At the time of writing, the ASX 300 is up 0.22% to 7,549 points. However, the index reached another record high at 7,568 po...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is fighting hard to stay in positive territory. At the time of writing, the benchmark index is up slightly to 7,541.9 points. Four ASX shares that are climbing more than most today a...

10 Aug 2021 - NOVONIX (ASX:NVX) entered an agreement with the energy manufacturing and logistics company Phillips 66, for a 16 per cent stake in NOVONIX.

The Novonix Ltd (ASX: NVX) share price is rocketing higher, up 11% in morning trade. The lithium-ion battery tech company emerged from yesterday’s trading halt this morning following twin ASX announcements. We look at those below. What did...

Despite a solid start to the day the ASX closed Monday at the same point it closed on Friday. After gaining as much as 0.3% by 11am the ASX 200 closed flat at 7,538 points. The ASX Emerging Companies Index finished slightly higher, by 0.03%...

The Novonix Ltd (ASX: NVX) share price is frozen today as the company prepares to release an announcement to the market. The company requested the ASX halt the trading of its shares as it undertakes a strategic capital raise. The Novonix s...

The ASX200 cruised into the close with a gain of 0.36% on Friday, as markets remained relatively sanguine ahead of US employment figures later tonight. Gains at the big end of town were led by the IT sector which rose more than 2%. More ste...

The Novonix Ltd (ASX: NVX) share price has soared 10% in today’s trading session. The most immediate catalyst that could explain today’s bullish price action can be traced back to late last week. The battery materials and technology compan...

ShareCafeHidden Gems Webinar Recap – Benchmark Minerals, LKE, NVX, EMN & QPM Catch up on the full webinar with a keynote presentation from Benchmark Mineral & presentations from Lake Resources (ASX: LKE), Novonix (ASX: NVX), Euro M...

The ASX200 opened higher before trading flat into the close, as other major indexes across Asia struggled for traction to start the week. Without the mining sector it would’ve been a sadder story, as the ASX200 Materials index closed more t...

There were few winners at the big end of town, as local stocks sold off sharply following a weak lead from Wall Street. The ASX200 Energy index fell by more than two per cent, accompanying a selloff in oil prices after OPEC member states ag...

The Australian Strategic Mtrls (Holdings) Ltd (ASX: ASM) share price won’t be going anywhere on Monday after the company requested a trading halt. The halt was requested on a pending announcement relating to “a material investment into t...

On Friday, the ASX 200 finished 0.17% higher, after regaining lunchtime losses. Energy and Utilities were the main drag on the benchmark index, which closed the week 1% higher. Buy-now-pay-later (BNPL) stock Afterpay (ASX:APT) continued its...

The ASX 200 edged 0.26% lower after trading flat at lunch time, despite stronger than expected employment numbers. All sectors were in the red, except for Utilities and Materials. Australia’s unemployment rate fell to 4.9%, with 29,100 jobs...

Lithium’s future is bright. If this wasn’t clear before, here’s your reminder that it’s a good time to be in the lithium space. For starters, lithium companies made up more than 14% of Stockhead’s top 40 resource winners in June. And just a...

The Novonix Ltd (ASX: NVX) share price has been going gangbusters today, surging to a mid-afternoon intraday high of $2.69, up 16.5%. The Novonix share price has since retreated to trade at $2.60 at the market close, up 14.5% The integrate...

Closing Bell is Stockhead’s daily recap of the trading day on the ASX covering the overall direction of the market, biggest winners and losers as well as other news you might’ve missed during the trading day. Today, ASX shareholders were ta...

The ASX 200 climbed by 0.20%, despite the release of NAB’s monthly survey which shows business conditions in Australia are falling in June. Australian business conditions fell by 12 points to +24 index points after reaching a new high last...

In a new era in which environmental, social and governance (ESG) considerations have been enshrined in the way fundies pick their shares, the so-called ‘sin’ stocks had been largely discounted as relics of the past. Until Woolworths’ spin-o...

By Tim Boreham, Editor, The New Criterion The saintly stocks versus the sinners: which ones perform the best? In a new era in which environmental, social and governance (ESG) considerations have been enshrined in the way fundies pick their...

Summary With the EV revolution taking place at a pace faster than ever before, the vendors supporting EVs are poised to grow with them. Rectifier Technologies has launched its first two-way electric vehicle (EV) charger. Sydney-based...

Summary Now Respiri’s Wheezo to be sold across pharmacies in Australia Value rises across DEXUS property portfolio BetMakers purchases assets of Form Cruncher and Swopstakes Adacel wins contract for air traffic management, shares ga...

Summary The ASX 200 ended lower by 43.70 points or 0.60% at 7,298.50, led by losses in health care, energy, and banking stock. All sectoral indices, barring tech and materials, ended in red. The market sentiment was dented by concerns...

In early afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is out of form and tumbling lower. At the time of writing, the benchmark index is down 0.4% to 7,310.8 points. Four ASX shares that have not let that hold them back today are l...

23 Jun 2021 - Novonix (ASX:NVX) plans to purchase and retrofit the former Alstom building in Chattanooga, Tennessee.

Shares in Novonix Ltd (ASX: NVX) are shooting up in early trade today after the company announced it has expanded its anode materials business in Chattanooga, Tennessee. At the time of writing, the Novonix share price is up 5%, trading at...

The most notable directors trade over $100,000 in the last fortnight was a $4 million trade by Yaniv Meydan from Openpay (ASX:OPY). Meydan, who is based in Israel and whose family vehicle is one of Openpay’s largest shareholders, chipped in...

When new battery metals aspirant Lithium Energy (ASX:LEL) lists today it won’t have to look far for inspiration. All it has to do is peek over the fence at its flagship Solaroz project in Argentina’s “lithium triangle”, where $2.1 billion c...

The Novonix Ltd (ASX: NVX) share price has soared after the company announced it will explore the secondary trading of its shares on the Nasdaq Composite (INDEXNASDAQ: .IXIC).  At the time of writing, the Novonix share price is trading at...

Wall Street, iron ore, copper extend record rally US equities climbed on Friday, as the US unemployment rate rose slightly by 0.1% to 6.1%. The weaker-than-expected jobs data actually had a positive impact on the stockmarket, as it eased in...

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

Novonix Ltd (ASX: NVX) shares are plummeting today and (so far) news of the company’s quarterly results hasn’t boosted its share price back into the green. At the time of writing, the Novonix share price is down 5%, trading for $2.31. So,...

Source: Zapp2Photo, Shutterstock Summary Australia has the largest hard-rock Lithium mine & is expected to have chemical plants for batteries soon. In light of these facts, the government is figuring out a way to help the private...

The Novonix Ltd (ASX: NVX) share price is jumping today. This comes as the lithium battery producer rebounds after falling for the past two days.  The Novonix share price is up 3.14% to $2.30 at the time of writing. However, it has lost va...

The Novonix Ltd (ASX: NVX) share price is rising this morning. This comes as Sayona Mining Limited (ASX: SYA) shared news it has partnered with Novonix to test the miner’s high-purity lithium hydroxide. Sayona states samples from its Authi...

By 2030, UBS predicts we’ll need a lot of manganese, lithium, cobalt, rare earths, nickel and copper if car makers are to hit some very ambitious production targets. They estimate EV penetration increasing from 4 per cent currently to 20 pe...