NOVONIX Limited signed a non-binding memorandum of understanding with ACP Technologies, LLC to develop a domestic supply chain for battery-grade anode materials in North America.

Under the partnership, the companies will pursue projects focused on synthetic graphite anode active material, mass production, and proprietary technology. NOVONIX operates the Riverside facility in Chattanooga, Tennessee, as its mass production plant for synthetic graphite anode materials. In April 2026, the U.S. Government certified the Riverside project in connection with US$103 million in tax credits allocated under the Section 48C Advanced Energy Project Credit Program.

The collaboration enables NOVONIX to expand its product portfolio into domestic pitch-coated synthetic graphite materials targeting military drones and fast-charging capabilities. Materials from the partnership will support process validation and customer sampling.

“As we scale our U.S. manufacturing footprint, strategic relationships like this are essential. ACPT brings a differentiated, domestic solution that elevates product performance and strengthens the U.S. supply chain.”

— Harrison Kreafle, VP of Technology Development for NOVONIX

“NOVONIX is an ideal partner for ACPT as we expand the application of our proprietary pitch and carbon precursor technologies into the battery materials market. By combining ACPT's ability to convert petroleum-derived feedstocks into tailored carbon precursors with NOVONIX's expertise in synthetic graphite and anode materials, we believe we can accelerate the development and commercialization of a competitive North American supply chain for battery-grade graphite.”

— Kevin Mulrenin, President of ACPT

NOVONIX and ACP Technologies intend to negotiate definitive agreements, though no final terms or timetables are guaranteed.

Read the full announcement: NOVONIX and ACP Technologies Partner on Anode Materials