NOVONIX shares surge 16.41% premarket on key U.S. production milestones and LG Energy partnership.

think> Okay, let's tackle this query step by step. The user wants me to act as a financial analyst explaining the stock price movement of NOVONIX based on the given news events. First, I need to confirm the stock's movement. The input says NOVONIX is up 16.40625% in premarket trading. Rounding that to two decimal places gives 16.41%. The trading session is premarket, so that's straightforward. Next, I need to evaluate the three news events provided to see which ones are relevant. Looking at Reason 1: The article mentions that NOVONIX shareholders saw a 20% increase in the last week, but over five years, the share price dropped 70%. It discusses revenue growth and mentions the company's focus on revenue as a positive. However, the time frame here is a bit conflicting. The stock movement here is a recent 20% increase in a week, but the user is asking about a 16.41% premarket move. The article also talks about the company's long-term performance and potential for profitability. It's possible that the recent 20% gain in the last week could be a contributing factor, but I need to check the dates. The article is from January 7th, 2026, which is in the future relative to the current date in the input (since the user is asking about the present time). Wait, the input mentions "Trading Period: 盘前 premarket" but doesn't specify a date. However, the news events include articles from December 2025 up to January 2026. So the user is looking at a future scenario where the stock is surging in premarket trading on January 7th, 2026. The first news event is from that same date. It says shareholders are up 20% in the last week, which would be from late December 2025 to early January 2026. So that recent 20% gain might be part of the reason for the current premarket surge. However, the article also mentions that the company has added AU$71m to its market cap in the last 7 days. If the premarket surge is part of that 7-day period, then this news could be relevant. The article notes that the company has been adding value and that the market is focusing on revenue growth. So this could be a positive catalyst. Reason 2: The news here is a list of recent articles. The most recent one from December 28, 2025, mentions that the share price has plunged 90% from its all-time high but questions if it can recover. However, the article from September 15, 2025, mentions that NOVONIX achieved key milestones and established a pathway to profitable anode material production in the US. Another article from June 7, 2025, talks about a joint venture with LG Energy Solution and a $30 million investment. These are positive developments. The most recent relevant article here is the one from September 14, 2025, about achieving key milestones and the pathway to profitable production. If the premarket surge is on January 7, 2026, then these recent positive developments (from September 2025) might still be relevant if they are part of ongoing momentum. However, the user is looking for the immediate cause of the premarket surge. The articles from late 2025 (December) mention the share price plunging, but the user's premarket surge is a positive move. The key is to find recent positive news that could trigger this surge. The article from September 15, 2025, about the US production milestone is a positive event, but it's a few months old. However, if the market is reacting to ongoing progress or follow-up news related to that milestone, it could still be relevant. Reason 3: This is in German, so I need to translate it. The summary mentions a strong rally, institutional position change, technical breakout, and sector wind. The content says that an institutional position change led to a significant volume increase and a 13% price rise. The technical breakout over 0.50 AUD is mentioned. The article is from January 6, 2026, which is the day before the premarket trading mentioned. It states that the share price broke through important technical resistance and is now above the 50-day moving average. The RSI is rising, indicating a shift to positive momentum. This seems like a direct catalyst for the premarket surge. The institutional position change would be a significant factor, as large investors moving their positions can drive volume and price. Now, I need to determine which of these are the most relevant.