Novonix Ltd
NOVONIX Limited is a battery materials company.
The business
NOVONIX Limited is a battery materials company. It is a battery technology company developing and scaling advanced materials and equipment critical to the lithium-ion battery supply chain. The Company strives to reduce supply chain risk and support United States energy independence and building a resilient domestic battery materials ecosystem. Its synthetic graphite offers consumer and end-user advantages including Higher charge rate, Longer Cycle Life, Significant Reduction in waste materials, Virtually Zero Emissions and Limited use of Chemicals. Its synthetic graphite has demonstrably lower global warming potential (GWP) through its energy-efficient graphitization process and cleaner power grid. The Company's Riverside facility, located in Chattanooga, Tennessee, is a production site focused on high-performance synthetic graphite for the battery sector in North America, with plans to grow output to 20,000 tons per annum (TPA) and total production capacity of over 50,000 TPA.
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Latest news
US Moves to Curb Chinese Graphite Imports Set to Benefit Australian Battery Material Players
In a major shift that could reshape global battery supply chains, the US Commerce Department has announced preliminary anti-dumping duties on Chinese graphite imports, a core component in lithium-ion batteries. The move follows a petition from US graphite producers, who allege that Chinese firms have been exporting artificially low-priced graphite products into the US market, […]
Novonix backs US push for steep graphite tariffs against China in global supply chain crackdown
Australian miner Novonix (ASX: NVX) has come out in support of a call by its US graphite mining counterparts for the White House to impose major tariff increases on their Chinese rivals. Novonix said it applauds a preliminary affirmative determination by the US Department of Commerce (DoC) to impose up to 721% in countervailing duty […]
Novonix signs five-year graphite supply offtake deal with Volkswagen’s PowerCo
Novonix (ASX: NVX) has signed a five-year offtake agreement with Volkswagen subsidiary PowerCo for a minimum of 32,000 tonnes of high-performance synthetic graphite material from its Riverside production facility in North America. The start of commercial supply is targeted for 2027, subject to Novonix achieving certain milestones related to final mass production qualification and compliance […]
Novonix signs offtake deal with Stellantis for high-performance synthetic graphite
Battery materials and technology company Novonix (ASX: NVX) has signed a binding offtake agreement with automotive company Stellantis NV for up to 115,000 tonnes of high-performance synthetic graphite material from its Riverside production site in Tennessee. The material will be supplied to Stellantis’ cell manufacturing partners in the region over a six-year term starting in […]
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