Novonix Ltd. published its 2025 annual report covering the fiscal year ended December 31, 2025. The report outlines the company’s ongoing focus on scaling its synthetic graphite anode materials operations, including commissioning and expansion activities at its Riverside facility in Chattanooga, Tennessee, alongside continued reliance on third-party equipment and raw material suppliers. Novonix also reported that it entered into a binding term sheet for the proposed sale of its Battery Technology Solutions business, which it described as a move to align strategic focus on building a vertically integrated synthetic graphite supply chain in North America. The report notes the company continued to incur net losses and expects ongoing losses in the near term as it funds growth and commercialization activities. The full report can be accessed through the link below.

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