Commercial-grade sample First mass production, industrial-grade sample of synthetic graphite. NOVONIX Riverside Facility NOVONIX's Riverside facility in Chattanooga, Tennessee, poised to become the first large-scale production site dedicated to high-performance synthetic graphite for the battery, defense, and industrial sectors in North America. CHATTANOOGA, Tenn., Sept. 29, 2025 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and ...

Core Viewpoint - Exxon Mobil Corporation is enhancing its market position through strong Q2 performance and strategic acquisition of Superior Graphite, which will allow entry into the synthetic graphite market essential for EV battery production [2][3]. Group 1: Q2 Performance - Exxon Mobil reported Q2 2025 earnings of $7.1 billion, marking a significant financial performance [2]. - The company achieved a production volume of 4.6 million barrels per day, the highest for Q2 in 25 years, largely due to the integration of Pioneer Natural Resources [2]. - Exxon Mobil distributed $9.2 billion to shareholders through dividends and share repurchases, demonstrating a strong commitment to shareholder returns [2]. Group 2: Acquisition of Superior Graphite - On September 9, 2025, Exxon Mobil announced the acquisition of Superior Graphite's technology and U.S.-based assets [3]. - This acquisition allows Exxon Mobil to enter the synthetic graphite production market, which is crucial for manufacturing EV battery anodes [3]. Group 3: Dividend and Market Position - Exxon Mobil has a dividend yield of 3.45%, enhancing its attractiveness to investors seeking stable income [4]. - The company is one of the largest publicly traded international energy and petrochemical firms, focusing on exploration, production, and sale of crude oil, natural gas, and petroleum products [4].

Core Viewpoint - NOVONIX Limited has entered into a definitive Funding Agreement to secure up to US$95,000,000 for the expansion of its Riverside facility in Chattanooga, Tennessee, through the issuance of unsecured convertible debentures [1][9]. Funding Agreement Details - The Funding Agreement allows NOVONIX to issue up to US$100,000,000 in convertible debentures to Yorkville Advisors Global, LP [1][9]. - The first tranche consists of US$24,500,000, which will raise US$23,275,000 and does not require shareholder approval [9]. - The second tranche is US$35,500,000, which may raise up to an additional US$33,725,000, subject to shareholder approval at an Extraordinary General Meeting scheduled for September 9, 2025 [9]. - An additional tranche of up to US$40,000,000 is also available, contingent on mutual agreement and shareholder approval [9]. Production and Capacity Expansion - NOVONIX plans to begin shipping commercial-grade synthetic graphite from its Riverside facility later this year, with mass production set to start next year for its lead customer, Panasonic [2]. - The Riverside facility is expected to become the first large-scale production site for high-performance synthetic graphite in North America, with an initial capacity scaling up to 20,000 tonnes per annum (tpa) [5]. - Combined with the new Enterprise South location, NOVONIX will achieve a total production capacity of over 50,000 tpa in Chattanooga [5]. Company Overview - NOVONIX is recognized as a leading battery technology company focused on revolutionizing the lithium-ion battery industry through innovative and sustainable technologies [7]. - The company is expanding its high-performance synthetic graphite material manufacturing operations and has developed a patented all-dry, zero-waste cathode synthesis process [7].

Core Viewpoint - Lucid Group has signed a multi-year supply agreement with Graphite One for American-sourced natural graphite, enhancing its supply chain for raw materials and resources sourced in the United States [1][2] Group 1: Supply Agreements - The agreement with Graphite One will provide natural graphite starting in 2028, sourced from the Graphite Creek deposit in Alaska [2][3] - This deal builds on a previous agreement with Graphite One for synthetic graphite, also set to begin in 2028, sourced from an active anode material facility in Warren, Ohio [2][4] - Syrah Resources will supply natural graphite AAM to Lucid starting in 2026, sourced from its facility in Vidalia, Louisiana [3][4] Group 2: Strategic Importance - The partnerships are aimed at strengthening the U.S.-based supply chain for critical minerals, which are essential for lithium-ion batteries and fast-charging performance [4] - The agreements reflect Lucid's commitment to American innovation and manufacturing, promoting localized supply chains to enhance economic independence and reduce carbon footprints [2][4] Group 3: Company Overview - Lucid Group is focused on creating advanced electric vehicles, with notable models including the award-winning Lucid Air and the new Lucid Gravity [5] - The company operates a vertically integrated factory in Arizona, emphasizing its commitment to industry-leading technology and innovations in the EV sector [5]

Core Viewpoint - The U.S. Department of Commerce has made a preliminary affirmative determination to impose countervailing duty tariffs of up to 721% on synthetic and natural graphite anode material imported from China, which is seen as a significant step towards supporting domestic production of critical minerals for energy independence [1][2]. Group 1: Company Developments - NOVONIX Limited is part of the American Active Anode Material Producers, which filed the trade case against Chinese graphite imports, highlighting its role in advocating for U.S. graphite industry interests [3]. - The company is expanding its production capabilities with plans for a new high-performance synthetic graphite manufacturing plant in Chattanooga, Tennessee, which will complement its existing Riverside facility, aiming for a total production capacity exceeding 50,000 tonnes per annum [4]. Group 2: Industry Context - The preliminary ruling by the Department of Commerce follows a determination by the International Trade Commission that China has been suppressing the establishment of the graphite industry in the U.S. by exporting graphite at artificially low prices, impacting the lithium-ion battery supply chain [1][2]. - The ongoing antidumping duty investigation by Commerce may lead to additional tariffs, compounding the impact of the countervailing duties [2].