Battery maker NOVONIX has signed a non-binding MOU with ACP Technologies to develop a fully U.S. supply chain for graphite anode material, the part of a lithium-ion cell that stores charge. ACPT converts low-value petroleum feedstocks into carbon precursors and pitch, while NOVONIX makes synthetic graphite anode active material. The goal is to combine both in a product made entirely in the U.S., with military drones and fast-charging EVs named as early target uses. Today, most anode material comes from Asia, and the U.S. has few viable domestic alternatives. This MOU is early stage and does not guarantee a final deal, but it points to a concrete effort to reduce that import dependence for EV batteries and grid storage. The companies plan to use the materials for process validation and customer sampling first.
