NOVONIX Limited is a battery materials company focused on advancing the global lithium-ion battery industry through the mass production of high-performance synthetic graphite anode materials. These materials are critical components for electric vehicle (EV) batteries and energy storage systems (ESS). The company's core operations are centered at its Riverside manufacturing facility in Chattanooga, Tennessee, where it is scaling up commercial production of synthetic graphite to supply the North American market.
Historically, NOVONIX operated a Battery Technology Solutions (BTS) division in Canada that provided battery cell testing equipment and R&D services; however, the company divested this business in April 2026 to focus exclusively on its synthetic graphite operations. The company also holds natural graphite exploration assets in Australia (Mount Dromedary), though its strategic focus remains firmly on synthetic graphite manufacturing. A key differentiator for NOVONIX is its commitment to sustainable manufacturing, including the development of a proprietary all-dry, zero-waste cathode synthesis process. By sourcing precursor materials domestically, the company is strategically positioned to benefit from the localization of the North American battery supply chain and has received significant support from U.S. government initiatives, including Department of Energy grants and loan commitments. Revenue is driven by the commercial supply of synthetic graphite anode materials to major battery cell makers and automotive OEMs.
