Australia's Novonix gains after securing quality management certification
NVX•Novonix shares rose as much as 6.5% after the battery materials maker said it achieved ISO 9001:2015 quality management certification. The company called it a key milestone as it scales its Riverside facility in Chattanooga, Tennessee, for commercial production of synthetic graphite active anode material.
1. Certification milestone
Novonix said it achieved ISO 9001:2015 certification, an internationally recognised standard for quality management systems. The company said the certification is a key milestone as it scales its Riverside facility in Chattanooga, Tennessee, for commercial production of synthetic graphite active anode material.
2. Share movement
Shares rose as much as 6.5% to A$0.099, their biggest intraday percentage gain since September 30. About 6.6 million shares changed hands, 1.2 times the 30-day average volume; the stock was down 77.6% year to date, including session moves.
