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NOVONIX Limited

NOVONIX is an Australian-listed battery materials and technology company building a North American synthetic graphite anode supply chain from its Chattanooga, Tennessee base.

Last updated September 26, 2026

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Overview

NOVONIX Limited is a publicly listed battery materials and technology company that describes itself as building a resilient North American synthetic graphite supply chain. Its stated mission is to reduce supply chain risk, support U.S. energy independence, and expand critical synthetic graphite production from Chattanooga, Tennessee. The company positions graphite as the foundational material for lithium-ion batteries used across defense systems, aerospace, telecommunications, medical devices, and advanced manufacturing, and argues that synthetic graphite is the preferred anode material because of its superior cycle life and charge-rate performance. NOVONIX's core commercial focus is battery-grade synthetic graphite anode material (AAM). It uses petroleum coke, a byproduct of U.S. oil refining, as feedstock, which the company says provides a stable domestic raw material supply chain while reducing waste. Its proprietary furnace technology is presented as delivering better performance and efficiency than traditional graphitization methods used in China, and because the process requires no mining, NOVONIX markets it as a cleaner and more secure alternative to foreign-sourced natural graphite. The company's Riverside facility in Chattanooga is described as set to become the first large-scale synthetic graphite production site in North America, with 20,000 tonnes-per-annum capacity fully allocated under long-term agreements with Panasonic Energy and PowerCo. NOVONIX states that its first anode production facility is set to come online in 2026, a critical step toward strengthening the North American battery supply chain with low-emission, high-performance materials. Alongside anode materials, the company has historically worked on cathode technologies and battery technology services. NOVONIX is headquartered in Chattanooga, Tennessee, while remaining an Australian public company. Its leadership team is led by Chief Executive Officer and Managing Director Michael O'Kronley, supported by an interim CFO, a Chief Legal & Risk Officer, a VP of Technology Development, and a Financial Controller & Company Secretary, with a board that includes non-executive directors and a strategic advisor. The company has been reshaping its portfolio around synthetic graphite: on April 30, 2026 it finalized and closed the sale of its NOVONIX Battery Technology Solutions Inc. business in Canada, describing the move as a divestment of a non-core business to focus on synthetic graphite. It has also announced partnerships such as one with ACP Technologies to strengthen the domestic supply chain for battery-grade anode materials, and reported delivering a mass production AAM sample to Panasonic.

History

NOVONIX Limited is an Australian public company that has evolved into a battery materials and technology business with its operational center of gravity in the United States. Public evidence describes it as an Australian public company, while its corporate website presents it as headquartered in Chattanooga, Tennessee, where it is scaling production of critical battery-grade synthetic graphite. The company's strategic narrative centers on the North American battery supply chain. NOVONIX states that it is building a resilient North American synthetic graphite supply chain, reducing supply chain risk, supporting U.S. energy independence, and expanding critical synthetic graphite production from Chattanooga. It frames graphite as essential to lithium-ion batteries used in defense systems, aerospace, telecommunications, medical devices, and advanced manufacturing, and argues that synthetic graphite is preferred for its cycle life and charge-rate performance. A defining element of NOVONIX's approach is its feedstock and process. The company uses petroleum coke, a byproduct of U.S. oil refining, as feedstock, which it says ensures a stable domestic raw material supply chain and reduces waste. Its proprietary furnace technology is described as delivering unmatched performance and efficiency compared with traditional graphitization methods used in China, and because the process requires no mining, NOVONIX markets it as a cleaner, more secure alternative to foreign-sourced natural graphite. The company's Riverside facility in Chattanooga is described as set to become the first large-scale synthetic graphite production site in North America, with 20,000 tonnes-per-annum capacity fully allocated under long-term agreements with Panasonic Energy and PowerCo. NOVONIX states that its first anode production facility is set to come online in 2026, a step it links to strengthening the North American battery supply chain with low-emission, high-performance materials. Its sustainability disclosures cite a life-cycle assessment demonstrating roughly a 60% decrease in global warming potential for its anode technology, alongside clean power inputs, high-purity input materials, proprietary furnace and process technology, increased energy efficiency, and no chemical purification. NOVONIX has also been reshaping its portfolio. On April 30, 2026, the company finalized and closed the sale of its NOVONIX Battery Technology Solutions Inc. business in Canada, describing the transaction as a divestment of a non-core business to focus on synthetic graphite. It has announced a partnership with ACP Technologies to strengthen the domestic supply chain for battery-grade anode materials, reported that lead customer feedback marks progress in qualification, and announced delivery of a mass production AAM sample to Panasonic. Leadership is led by Chief Executive Officer and Managing Director Michael O'Kronley, with Ron Edmonds as Interim Chief Financial Officer, Kimberly Heimert as Chief Legal & Risk Officer, Harrison Kreafle as Vice President of Technology Development, and Suzanne Yeates as Financial Controller & Company Secretary. Andrew N. Liveris AO serves as a Strategic Advisor. The board includes Deputy Chairman and Non-Executive Director Admiral Robert J Natter, along with Non-Executive Directors Tony Bellas, Sharan Burrow AC, Jean Oelwang, and Suresh Vaidyanathan.

  • NOVONIX finalized and closed the sale of its NOVONIX Battery Technology Solutions Inc. business in Canada, divesting a non-core business to focus on synthetic graphite.

  • NOVONIX delivered a mass production AAM sample to Panasonic.

  • NOVONIX and ACP Technologies partnered to strengthen the domestic supply chain for battery-grade anode materials.

  • NOVONIX's first anode production facility is set to come online, supporting the North American battery supply chain.

Products and positioning

North American domestic producer of battery-grade synthetic graphite anode materials, positioned as a cleaner, mining-free alternative to foreign-sourced natural graphite and a supply-chain-risk reducer for U.S. energy independence.

  • Synthetic graphite anode materials (AAM)

    Battery-grade synthetic graphite anode material produced from petroleum coke feedstock using proprietary furnace technology.

  • Riverside facility output

    20,000 tonnes-per-annum synthetic graphite capacity in Chattanooga, fully allocated under long-term agreements with Panasonic Energy and PowerCo.

  • Cathode technology

    Proprietary cathode technologies designed to improve battery performance while reducing environmental impact.

Sources5 sources

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