NOVONIX to supply 32,000 tonnes of synthetic graphite to PowerCo from 2027 to 2031, boosting battery material production.

Battery company NOVONIX signed a deal to supply 32,000 tonnes of high-performance synthetic graphite to PowerCo from 2027 to 2031. NOVONIX’s Riverside facility will be North America’s largest for synthetic graphite, aiming for 20,000 tonnes per year by 2025. The company plans a second facility in the Southeast, potentially expanding to 75,000 tonnes per year, with total production set to reach at least 150,000 tonnes to meet demand.

November 24, 2024
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