I wouldn't be surprised if we get an update on where the third factory is going to be located shortly.
Novonix's PureGraphite COO and Admiral Natters have been busy and I am sure Phillips 66 wouldn't be throwing US $150 million unless there was significant progress and DD underway for this 30kTPA expansion..
Novonix closed on Big Blue last week, few months of preparation on site readying for Gen 3 Furnacessystems to start being installed by end of year.
Getting 40kTPA online by 2025 is ambitious, but we have a very experienced BODs and the cash to execute now. Less than 3.5 yrs from now to have this online and between now and then we will get more news on additional anode expansion beyond 40kTPA
Ann: Phillips 66 Announces Strategic Investment in NOVONIX, page-95
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