Large Scale, Energy Efficient, Domestic Production of High-performance Synthetic Graphite Anode Material for Use in Electric Vehicles and Energy Storage Systems

NOVONIX Anode Materials LLC (“NAM”), a wholly-owned subsidiary of NOVONIX Limited, was formed in 2017. It has developed significant process technology and experience in producing lower carbon intensity, high performance, synthetic graphite targeting the electric vehicle and energy storage sectors. Currently, NAM is building its first mass production site in the United States, which will produce 10,000 metric tons per year of battery grade synthetic graphite. The project will build a new plant in Chattanooga to produce 30,000 metric tons per year of graphite targeted at the electric vehicle industry.

The project will use raw materials primarily sourced domestically, leverage domestic technology and equipment suppliers, and enjoy significant involvement from community supporters. The project involves strong partnerships, commitments, and support from domestic technology and equipment suppliers such as Phillips 66 and Harper International, validation partners such as Oak Ridge and Argonne National Labs, and cell manufacturers and automotive original equipment manufacturers (OEMs). NAM will deploy its advanced, cost effective and environmentally friendly process technology to provide a ~60% reduction in carbon intensity relative to the traditional Chinese synthetic graphite

The project includes significant involvement and support for NAM’s local community in Chattanooga, including The University of Tennessee at Chattanooga, Chattanooga State University, and Hamilton County Public Schools. It will directly create over 1,000 clean-energy, good-paying jobs while demonstrating the company’s commitment to uplifting every corner of Chattanooga through community engagement, innovative workforce development programming, and active recruitment among traditionally marginalized communities. NAM is a critical link in an end-to-end, Made-in-America battery materials supply chain pioneering large-scale, environmentally friendly process technologies, all supported by our strong partnerships and deep-rooted commitment to the communities in which it operates.