Novonix Ltd · ASX:NVX
Novonix — Investor Presentation (September 2024)
32 slides from Novonix's investor presentation, Sep 10, 2024
Slide 1: Set for Growth
CLICK TO EDIT MASTER TITLE STYLE For personal use only Set for Growth Investor Presentation, September 2024 ASX: NVX Nasdaq: NVX April 2024
Slide 2: Important Notice and Disclaimers
Important CLICK TO NoƟce and Disclaimers EDIT MASTER TITLE STYLE The information contained in this presentation (the “Presentation”) has been prepared by NOVONIX Limited (ACN 157 690 830) (“the Company” or “NOVONIX”) solely for information purposes and the Company is solely responsible for the conte
Slide 3: Investment Highlights
Providing CLICK TORevolutionary EDIT MASTER Solutions to the Battery Industry TITLE STYLE Investment Highlights For personal use only Leading U.S. based battery materials and technology company with lower carbon footprint Large and growing market for battery materials supported by localization effor
Slide 4: Competitive Advantage Through Synergistic Operating Structure
Competitive Advantage CLICK TO EDIT MASTER Through TITLE Synergistic STYLE Operating Structure For personal use only Leading domestic supplier of Develops industry leading Commercializing patented battery-grade synthetic graphite lithium-ion battery testing synthesis technology equipment while
Slide 5: Proprietary Process Technologies Lead the Clean Energy Transformation
CLICK TO EDIT Proprietary MASTER Process TITLE STYLE Technologies Lead the Clean Energy Transformation Environmental Benefits of NOVONIX Technology NOVONIX ESG Commitment For personal use only Anode Technology Cathode Technology Environmental Clean power sources1 Reduced power requirements Our m
Slide 6: 2024 Focus Items - Set For Growth
CLICKFocus 2024 TO EDIT ItemsMASTER TITLE STYLE - Set For Growth Maintain Industry Enhance BTS offerings for additional revenue and services For personal use only Leading R&D Efforts for Test high-nickel cathode materials from all-dry, zero-waste process in full-cell performance Battery Material
Slide 7: Battery Technology Solutions
CLICK TO EDIT MASTER TITLE STYLE For personal use only Battery Technology Solutions ASX: NVX Nasdaq: NVX April 2024
Slide 8: NOVONIX is at the Forefront of Battery Technology
CLICK TO isEDIT NOVONIX MASTER at the TITLE Forefront STYLETechnology of BaƩery UHPC Hardware R&D Services For personal use only Enables Quick Reliable Materials Development Cell Design and Predictions of Battery Cell Testing and Characterization Prototyping Lifetime UHPC Analytical Pouch and cylind
Slide 9: Cathode Materials
CLICK TO EDIT MASTER TITLE STYLE For personal use only Cathode Materials ASX: NVX Nasdaq: NVX April 2024
Slide 10: Patented Cathode Synthesis Provides Clean and Simple Process
CLICK TOCathode Patented EDIT MASTER SynthesisTITLE STYLE Provides Clean and Simple Process Opportunity Overview A Closer Look at the NOVONIX All-Dry, Zero-Waste Synthesis Process For personal use only In 2024 the global cathode market size A Current Precursor Synthesis Process B NOVONIX Process w
Slide 11: Cathode Synthesis: Engineering Scoping Study Results
CLICK TOSynthesis: Cathode EDIT MASTER TITLEScoping Engineering STYLE Study Results Hatch Study Estimated Findings [FEL-1] For personal use only Capital Intensity Fewer unit operations leads to simplified flowsheet NOVONIX engaged Hatch to provide a ‘Process Lowered by ~30 % Higher mass feed rat
Slide 12: NMC622 Cathode Cycling Performance Competitive with Commercial Materials
NMC622 CLICK TOCathode Cycling Performance EDIT MASTER TITLE STYLECompetitive with Commercial Materials Full-Cell Cycling Performance of NOVONIX Single-Crystal NMC622 SEM Images of Single-Crystal NMC622 For personal use only Normalized electrochemical results in 1Ah pouch cell show that surface-co
Slide 13: Anode Materials
CLICK TO EDIT MASTER TITLE STYLE For personal use only Anode Materials ASX: NVX Nasdaq: NVX April 2024
Slide 14: Localizing the Synthetic Graphite Supply Chain
CLICK TO isEDIT NOVONIX MASTER Localizing TITLE STYLE the Synthetic Graphite Supply Chain NOVONIX Anode Material Progress & Advantages Key Strategic Relationships For personal use only Domestic Supply Customer Producing high-performance synthetic Agreements graphite materials sustainably for local s
Slide 15: Strong EV Growth Building Pressure for a Localized Supply Chain
Strong EV Growth CLICK TO Building TITLE EDIT MASTER Pressure for a Localized Supply Chain STYLE Battery Demand Remains Robust (GWh) Global Trade Policies Support Localization of US Supply Chain For personal use only +38% CAGR ESS 1,421 Various OEMS Toyota Volkswagen BMW Stellantis Honda Ford GM Tes
Slide 16: Production Capacity to Benefit From Expected North America Customer Demand
NOVONIX Production Capacity will Benefit From the Expected Significant North CLICK TO EDIT MASTER TITLE STYLE America Customer Demand North American Graphite Shortfall, Ex-China (K tpa)1 NOVONIX Anode Material Outperforms in Head-to-Head Testing For personal use only NOVONIX Demand N.A. 2025 NOVONIX
Slide 17: Commissioning the First Large Scale Battery Grade Synthetic Graphite Facility in North America
Commissioning the First Large Scale Battery Grade Synthetic Graphite CLICK TO EDIT Production MASTER Facility in NorthTITLE STYLE America Riverside Facility Overview Readiness for Commercial Production For personal use only Purchased and opened Riverside facility in 2021, highlighted by a Technolo
Slide 18: NOVONIX's Product and Technology Advantage
NOVONIX’s Product CLICK TO EDIT Technology MASTER TITLEAdvantage STYLE NOVONIX Advantage Product Engineered Specifically for Customers’ Needs For personal use only Applications such as electric vehicles and energy storage systems require differing properƟes: Fast Charge High Energy Density L
Slide 19: NOVONIX Has Demonstrated a Pathway to Profitable Production in the U.S.
NOVONIX CLICK TO has EDITDemonstrated a Pathway MASTER TITLE STYLE to Profitable Production in the U.S. Overview of Riverside Facility Unit Economics (Reflects Operating at Target Market & Government Influence on Economics Capacity of 20K tpa)1 For personal use only $12.50 Pricing and margins rang
Slide 20: Panasonic Energy and NOVONIX Sign a Binding Supply Agreement
Panasonic CLICK TO Energy and NOVONIX EDIT MASTER TITLESign a Binding Supply Agreement STYLE Panasonic Energy For personal use only Panasonic Energy is a leading developer of battery cell technology for EV and ESS batteries in the U.S. Panasonic Energy has developed relationships with Tesla, Hon
Slide 21: Path to Commercial Production at Riverside
Path CLICKtoTO Commercial Production EDIT MASTER TITLEatSTYLE Riverside On-Site Equipment to be Commissioned For personal use only 1Q2024 February 2024 Announcement of the offtake agreement with Panasonic 2Q2024 Energy Equipment Deposits Grinding/Shaping Initial deposits on additional furnaces and e
Slide 22: Customer Commitments Support NOVONIX North American Growth Plan
CLICK TO Commitments Customer EDIT MASTERSupport TITLE STYLE NOVONIX North American Growth Plan Anode Market Share1: ~1.6% ~4.0% ~11.9% For personal use only Phase 3: Additional Greenfields >150K+ tpa 2 NOVONIX Capacity Phase 2: Riverside & & Growth Plans Greenfield #1 Phase 1: Riverside 50K tpa 2,3
Slide 23: Goals for the Future of NOVONIX
CLICK TOthe Goals for EDIT MASTER Future TITLE STYLE of NOVONIX For personal use only Scaling anode materials production All-Dry Zero-Waste Cathode technology capacity to 150K tpa supported by our propriety processing Recognized battery Highly developed IP with technology leader leading market posit
Slide 24: Appendix
CLICK TO EDIT MASTER TITLE STYLE For personal use only Appendix ASX: NVX Nasdaq: NVX April 2024
Slide 25: NOVONIX Plays a Critical Role in the Lithium-Ion Battery Value Chain
CLICK TO Plays NOVONIX EDIT aMASTER TITLE Critical Role STYLE in the Lithium-Ion Battery Value Chain Materials & Cell For personal use only Raw Material Battery Cell/Pack EV & ESS Mining Component Recycling Processing Production Production Production $QRGHDQG&DWKRGH0 DWHULDOV 5 'DQG-RLQW'HYHORSP HQW
Slide 26: Optimized Synthetic Graphite Manufacturing and Attracted Tier-1 Partnerships
NOVONIX has Optimized Synthetic Graphite Manufacturing and Attracted Tier-1 CLICK TO EDIT MASTER TITLE STYLE Partnerships Strategic Partnerships NOVONIX Graphitization Process Offers End-User Advantages Supporting Product and Process R&D For personal use only Partnership with Harper Energy effic
Slide 27: U.S. Legislation Providing Direct Support to NOVONIX's Business Plan
CLICK TO EDITProviding U.S. Legislation MASTERDirect TITLESupport STYLE to NOVONIX’s Business Plan In August 2017, the Office of the United States Trade Representative (USTR) launched an investigation into China’s allegedly unreasonable and discriminatory trade practices under Section 301 of the T
Slide 28: NOVONIX Finalizes US$100 Million Grant Award from U.S. Department of Energy
NOVONIX Finalizes US$100 Million Grant Award from U.S. Department of CLICK EnergyTO EDIT MASTER TITLE STYLE DOE MESC Grant Aids Ability to Scale Faster DOE LPO Loan Process For personal use only NOVONIX Anode Materials division was awarded one of the initial NOVONIX Anode Materials division has
Slide 29: Strategic Relationship with KORE Power
CLICK TORelaƟonship Strategic EDIT MASTERwithTITLE STYLE KORE Power Highlights of Agreements For personal use only KORE Power is a leading U.S. based developer of battery cell technology for clean energy industries NOVONIX and KORE Power have worked together since 2019 through NOVONIX’s BTS divi
Slide 30: Strategic Relationship with LG Energy Solution
CLICK TO Establishes NOVONIX EDIT MASTER TITLERelationship Strategic STYLE with LG Energy Solution LG Energy Solution (LGES) Overview For personal use only LGES is a leading U.S. based developer of battery cell technology for EV and ESS Batteries LGES has developed relationships with GM, Honda,
Slide 31: Conditional Proposal - Mount Dromedary & Axon Graphite
Conditional Proposal CLICK TO EDIT - Mount MASTER Dromedary TITLE STYLE & Axon Graphite World class, large-scale natural high-grade flake graphite project For personal use only Conditional 50/50 Joint Venture with NVX “merging” Mount Dromedary asset in exchange for shares in LEL subsidiary, Axon G
Slide 32: NOVONIX's Battery Technology Paves the Way for the Next Generation
CLICK TO EDIT NOVONIX’s MASTER Battery TITLEPaves Technology STYLE the Way for the Next Generation Demonstrated and Projected Performance Predicted to Exceed 1 Million Miles based on ~2 Years of Test Data(1) For personal use only 1,000,000 Miles PC622/Synthetic Graphite SC622/Natural Graphite SC622/