A few people are questioning the ability of Novonix to sell their PUREgraphite anode material for between $US8,000 and $US20,000 per tonne, but the company has stated this a number of times.
https://www.novonixgroup.com/download/1507/
Page 9 from the 2019 AGM Presentation link above.
Q. Why is Novonix able to charge $US8,000-$US20,000 per tonne for its PUREgraphite anode compared to $US800 per tonne for natural graphite from a mine and $US3000-$US4,000 per tonne for purified natural graphite?
A. It is the world's best performing graphite anode material.
Q. What makes it the best performing anode battery material in the world?http://puregraphite.com/
A. Because it is 99.999% PURE.(As per Page 9 of the 2019 AGM Presentation)
while the best you can purify natural graphite is ~95%.
Q. Why is the purity of graphite anode so important?
A: The higher the purity, the longer the life of the battery (Up from the current best 8 yrs) and capacity (Increases the Kilometre Range between charging)
These two factors are critically important for battery manufacturers for EVs and for the car companies themselves.
Hence why Samsung SDI will be sourcing Novonix's PUREgraphite anode material for their premium car brand customers stated above .
G
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Ann: NOVONIX TO SUPPLY SAMSUNG SDI AND PURSUE R&D COLLABORATION, page-34
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