Our Process

NOVONIX is leading the way for the battery industry.

Our process

NOVONIX provides revolutionary solutions that enable the adoption of clean energy through the development of innovative sustainable technologies and high-performance materials to service the electric vehicle and energy storage industries.

NOVONIX’s synthetic graphite offers significant consumer and end-user advantages including:

Longer Life Batteries

NOVONIX’s synthetic graphite leads to longer life batteries, generating less overall waste for recycling or disposal.

Reduced Chemical Usage

NOVONIX uses no chemical purification to eliminate the risk of harmful chemical leaks, spills, exposures, and requirements for disposal of harmful chemicals.

Higher Energy Efficiency

Improvements in process technology reduce the amount of energy required to produce key battery materials. NOVONIX’s proprietary graphitization furnace technology was developed with the objective of being the highest-efficiency graphitization technology currently available for mass production.

Value Driven

Utilizing a proprietary, advanced sustainable process and performing operations locally to battery producers places NOVONIX competitively in the market for battery anode materials.

Reduced Waste Generation

NOVONIX is focused on high-yield, closed-system processing for our battery materials.

Cleaner Power Inputs

Focused on sourcing clean power for its manufacturing sites.

Industry leading technology

Through our internal development and strategic partnerships, NOVONIX has developed proprietary technology that includes unique continuous graphitization systems. Our proprietary processing technology provides increased energy efficiency, negligible facility emissions, and anode materials that outperform industry standards.

NOVONIX is committed to developing battery materials and technologies that support longer battery life with greater energy efficiency.

NOVONIX Anode Materials strives for the highest performance while powering the industry through lower carbon emissions.

As a part of this commitment, NOVONIX commissioned Minviro Ltd., a globally recognized sustainability firm, to conduct a Life Cycle Assessment (LCA) on NOVONIX’s GX-23 grade of synthetic graphite.

The Life Cycle Assessment (LCA) conducted by Minviro Ltd. demonstrated a ~60% decrease in global warming potential (GWP) relative to conventional anode grade synthetic graphite produced in Inner Mongolia, China and ~30% decrease in GWP when compared to the anode grade natural graphite in Heilongjiang Province, China.

NOVONIX's proprietary graphitization process is leading the clean energy transformation.

Inputs

Clean Power Sources

  • Energy input 57% carbon-free (15% renewable) with target to be net-zero by 2050

Highest Purity Input Materials

  • Minimizes emissions and contaminants

Sourcing Input Materials to use in electric vehicles and energy storage system applications that would otherwise be used in higher emmision sectors.

Process

Proprietary Furnace Technology

  • Increased energy efficiency
  • No chemical purification

Outputs

Benefits

  • NOVONIX’s anode materials support higher performance lithium-ion batteries, resulting in the need for less future input materials
  • Negligible facility emissions

Customers & strategic relationships

NOVONIX’s Riverside facility is poised to become the first large-scale production site dedicated to high-performance synthetic graphite for the battery sector in North America and is slated to begin commercial production in 2025, with plans to grow output to 20,000 tonnes per annum (“tpa”) to meet current customer commitments. 

Phillips 66

Leading worldwide producer of premium needle cokes, the key precursor material for synthetic graphite.

NOVONIX and Phillips 66 engaged in a technology development agreement to collaborate on optimization of feedstock and anode processing with the goal of higher performance, lower carbon intensity materials. In August 2021, Phillips 66 made a US$150 million strategic investment to become NOVONIX’s largest shareholder.

Harper International

NOVONIX entered into a licensing agreement with its long-time technology partner, Harper International, for the rights and use of its continuous, induction-based graphitization furnace technology.

U.S Department of Energy

Conditional commitment from the U.S. Department of Energy through the Loan Programs Office  for a direct loan of up to US$754.8 million to be applied towards partially financing a proposed for NOVONIX Enterprise South.

U.S. Department of Energy

Office of Manufacturing and Energy Supply Chains (“MESC”) awarded the Company a US$100 million grant and was selected for a US$103 million investment tax credit towards the funding of the Riverside facility.

NOVONIX has signed binding offtake agreements to supply synthetic graphite to Panasonic Energy, Stellantis, and PowerCo, committing its full production capacity at its Riverside facility.

Panasonic Energy

Signed binding offtake agreement with Panasonic Energy to purchase at least 10,000 tonnes of anode material for use in their U.S. plants over the term of 2025-2028. 

As a leading battery cell provider, Panasonic Energy is working to expand its production of EV batteries in North America to meet increased demand while also increasing the percentage of materials procured locally.

Panasonic Energy is establishing a sustainable supply and working to meet the objective to reduce the carbon footprint of their entire lithium-ion battery supply chain for EVs by 50% in 2031 compared to 2022 levels.

Stellantis NV

Signed binding offtake agreement with Stellantis for a minimum of 86,250 tonnes, up to a target volume of 115,000 tonnes of high-performance synthetic graphite material.

The material will be supplied to Stellantis’ cell manufacturing partners in North America over a six-year term starting in 2026 from NOVONIX’s Riverside facility and planned expansion site, NOVONIX Enterprise South.

PowerCo SE

Signed binding offtake agreement with PowerCo for a minimum of 32,000 tonnes of high-performance synthetic graphite material. The material will be supplied to PowerCo over a five-year term starting in 2027.

Established by Volkswagen in 2022, PowerCo is committed to ramp-up global battery cell production. PowerCo oversees international factory operations, advances in cell technology, and vertical integration of the battery value chain. PowerCo has identified three gigafactory locations – Salzgitter in Germany, Valencia in Spain, and St. Thomas in Canada – with a combined capacity of up to 200 GWh/year. 

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