US battery materials company Anovion Technologies said it selected Decatur County in Georgia for its first and initial large-scale expansion of manufacturing capacity – totalling $800 million – to make premium synthetic graphite anode materials.
It said this initial 1,500,000 square foot facility is close to a skilled workforce and other battery and electric vehicle (EV) manufacturing plants.
In October 2022, Anovion was awarded a grant of $117 million from the US Department of Energy under the Bipartisan Infrastructure Law, which aims to help secure the domestic battery manufacturing supply chain.
The company said the facility is the first of this scale for the company. It sees it as a “crucial first step” to reshoring synthetic graphite anode production. It expects to initially produce 40,000 tonnes per annum once fully operational.
Chip Dunn, Executive Chairman of Anovion, said: “Our long-term, strategic vision is to focus on growth and innovation, positioning Anovion as a leader in the US energy transition and, equally importantly, securing a domestic source for these critical materials required for US lithium-ion battery production.”
Anovion claims to be one of only a few graphite anode producers in the US to have successfully gained qualification for EV applications.