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CHATTANOOGA, Tenn., Sept. 01, 2026 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) ("NOVONIX" or the "Company"), a leading battery materials company, welcomes the announcement by the Republic of Korea's Ministry of Land, Infrastructure and Transport (“MOLIT”) and the Korea Overseas Infrastructure & Urban Development Corporation (“KIND”) that the Company's Riverside synthetic graphite AAM manufacturing project has been selected for inclusion in a South Korea-U.S. government-led infrastructure initiative designed to connect major U.S. projects with Korean companies, investors and strategic financing partners.

China battery related flake graphite spot prices were generally flat for the past month. Graphite market news - Depressed China graphite prices are due to oversupply. The global graphite market to grow from $14.6B in 2025 to $22.1B by 2030, CAGR of 8.7%. Graphite company news - NextSource Materials Updated FS results for Molo Mine expansion to 150k tpa, Pre-tax NPV8% of US$402.5M. EcoGraf German offtake partner to double volumes to 40,000 tpa.