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Highlights
- Novonix delivers first mass production commercial-grade synthetic graphite sample to industrial leader.
- Tennessee Riverside facility to begin large-scale production in 2026 for key customers.
- Company outlines plans for a second plant with capacity exceeding 50,000 tonnes annually.
Novonix (ASX:NVX) is engaged in the development of battery materials and technologies for applications in electric vehicles, consumer electronics, industrial equipment, and renewable energy storage.
Commercial-grade synthetic graphite sample
The company advised it has produced and delivered its first industrial-grade mass production sample of synthetic graphite to one of North America’s largest value-added carbon processors with a global market presence.
According to Novonix, the products provided are intended for final qualification for use across industrial applications. The company highlighted that industrial-grade product qualification can be completed more quickly than battery-grade synthetic graphite, potentially allowing faster market entry. Any target supply volumes will be determined after qualification is complete and once a definitive supply agreement is in place.
Riverside facility and expansion plans
Novonix reported that its Tennessee-based Riverside facility is expected to become the first large-scale production site for high-performance synthetic graphite for the battery, defence, and industrial sectors in North America.
Large-scale production at Riverside is scheduled to begin in 2026, with Panasonic identified as the lead customer.
To support growing demand, Novonix also plans to develop a second manufacturing facility in Tennessee, known as the Enterprise South location. Combined, these two plants are expected to deliver a total production capacity of more than 50,000 tonnes annually.
Management comments
Commenting on the milestone, Novonix chief executive officer Mike O’Kronley said:
“We’re pleased to have hit this significant manufacturing milestone. This demonstrates that industrial-grade products can be produced using NOVONIX’s proprietary continuous graphitization furnace technology at a mass production scale and is another step towards bringing our battery-grade materials to market.
“As we continue to scale our facility, the ability to provide volumes to markets outside the battery space diversifies our product portfolio and provides the opportunity to increase our planned production at Riverside for 2026.”
Shares of NVX traded at AUD 0.50, up around 18.82% at the time of writing on 29 September 2025.
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