Novonix achieves key milestones and establishes pathway to profitable anode material production in the u.s.

Highlights 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 estimates brisbane, australia, sept. 15, 2023 (globe newswire) -- novonix limited (nasdaq: nvx, asx: nvx) (“novonix” or “the company”), a leading battery materials and technology company, is pleased to provide an update on production from its proprietary, continuous induction generation 3 furnaces (“furnaces”) at its riverside, tennessee facility.
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