NOVONIX Achieves Key Milestones and Establishes Pathway to Profitable Anode Material Production in the U.S.
Figure 1Two Generation 3 Furnace systems and milling equipment installed in NOVONIX’s Riverside facilityFigure 2Product quality data from continuous production through Generation 3 Furnace production campaignFigure 3Company estimates of production economics for RiversideHighlights from recent production campaigns:Demonstrated successful production with the Company’s Generation 3 Furnaces meeting design targets, including throughput, cost, and sustainability targets
Doubled production capacity target to up to 20,000 tpa for Tennessee facility
Expected capital and operating costs for future facilities projected to be lower than the Company’s initial estimatesBRISBANE, Australia, Sept. 15, 2023 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery...