NOVONIX and Harper International Enter Licensing Agreement for Graphitization Furnace Technology
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2025
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Source: Newsfilter
Licensing Agreement: NOVONIX has entered into a licensing agreement with Harper International for the exclusive use of its graphitization furnace technology, aimed at producing synthetic graphite for lithium-ion batteries. This agreement includes terms for initial payments and potential expansion of rights to build equipment using the technology.
Production Plans: NOVONIX's Riverside facility in Chattanooga, Tennessee, is set to become North America's first large-scale production site for high-performance synthetic graphite, with plans to begin commercial production later this year and achieve an output of 20,000 tonnes per annum to meet customer commitments.
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About NVX
NOVONIX Limited is a battery materials and technology company. The Company manufactures battery cell testing equipment, is growing its high-performance synthetic graphite material manufacturing operations, and has developed a patented all-dry, zero-waste cathode synthesis process. The Company's segments include Battery Materials and Battery Technology. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services and carries out research and development in battery development (inclusive of cathode technology). The Company's Riverside facility, located in Chattanooga, Tennessee, is a production site focused on high-performance synthetic graphite for the battery sector in North America. The Company's battery technology solutions include battery testing equipment and research and development services. It provides ultra-high precision coulometry systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
