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NOVONIX awarded USD 103M in tax credits by US gov’t for battery materials production

Novonix, an ASX-listed manufacturer of battery materials and technology, has been chosen by the US Department of Energy (DOE) to receive a USD 103 million (AUD 159 million) tax credit under the Qualifying Advanced Energy Project Allocation Program.
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Balancing profit and sustainability in supply chains

Priorities in the supply chain are expanding, moving away from cost as the main driver behind purchasing decisions. Now, sustainability and ethical sourcing are grabbing a portion of the spotlight.