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NOVONIX Secures US$103M Tax Credit and Advances Riverside Expansion

9:08am on Wednesday 29th of April, 2026 AEST Materials
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NOVONIX Secures US$103M Tax Credit and Advances Riverside Expansion

9:08am on Wednesday 29th of April, 2026 AEST
Key Points
  • US$103 million 48C tax credit certified for Riverside project
  • Binding term sheet signed to divest Battery Technology Solutions
  • Exclusive rights secured for 17.5-acre Riverside expansion
  • Panasonic battery-grade production delayed to H2 2027
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