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Anovion to invest $800 million in new US graphite anode materials manufacturing facility

Advanced materials company Anovion Technologies has selected Decatur County in Southwest Georgia as the location of its new manufacturing facility for the production of synthetic graphite anode materials.

The Decatur County facility is expected to produce 40,000 metric tonnes of synthetic graphite anode material for lithium-ion batteries per year, according to the company. It will cost $800 million and create more than 400 new jobs.

In 2022, Anovion was awarded a grant totaling $117 million from the US Department of Energy (DOE) to scale production capacity to meet growing demand. It is now commencing a multi-year expansion program of 150,000 metric tonnes of annual capacity for anode-grade synthetic graphite. In addition to the new facility in Georgia, the company is expanding its Anovion Center of Excellence and its hydro-powered, sister manufacturing facility near Niagara Falls, New York.

“Anovion conducted a thorough search to identify a location that addressed our energy, transportation, logistics and human capital needs that would ensure we have the ecosystem in place to produce synthetic graphite anode material,” said Eric Stopka, CEO of Anovion. 

Source: Anovion Technologies

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