NOVONIX (ASX:NVX) said its ability to provide synthetic graphite to markets provides the opportunity to increase planned production at its Riverside facility in 2026, according to a Thursday filing with the Australian bourse.
Supply volumes will be defined once final product qualification and a supply agreement in executed, the filing said.
The company has started furnace calibrations, testing of various raw materials, and customer qualification activities at the facility, the filing added.
Shares of the company fell 12% in recent Thursday trade.
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