NOVONIX Announces Entry into Funding Agreement for up to US$100Million of Convertible Debentures
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 23 2025
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Source: Yahoo Finance
Funding Agreement Announcement: NOVONIX Limited has entered into a definitive Funding Agreement with Yorkville Advisors to provide up to US$95 million through unsecured convertible debentures, aimed at supporting the expansion of its Riverside facility in Chattanooga, Tennessee.
Production Milestones: The company plans to begin shipping commercial-grade synthetic graphite later this year, with mass production set to start next year for Panasonic, marking a significant step in establishing a domestic supply chain for synthetic graphite in North America.
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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.








