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$117m

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Anovion Anode is a pioneering company in the field of synthetic graphite anode material production, serving as a crucial link in the battery materials supply chain for the electrified future. The company operates in the North American market, and is the first to have commercially operational capacity dedicated to this specific material. Anovion's business model is centered around the production and supply of synthetic graphite, a material highly valued in lithium-ion battery applications due to its high purity, which enables fast charging, improved cycle performance, and longevity.

The company's clients include commercial electric vehicle manufacturers and the Department of Defense for aerospace applications. Anovion is also in the process of qualifying its product with leading electric vehicle manufacturers. The company generates revenue by selling its synthetic graphite anode material to these clients.

Anovion is US-owned and operated, and sources its raw materials domestically, ensuring a 100% domestic supply chain. This provides a level of security and reliability that is highly valued in the industry. The company's current operations are the largest anode powder graphitization capacity in North America, and it has plans to expand its capacity to 50,000 tons per annum of finished product by 2025.

In simple terms, Anovion uses a proven and reliable technology to heat its product over 3,000°C, resulting in high crystallinity and low impurities. This process, combined with the company's extensive experience and expertise in synthetic graphite manufacturing, positions Anovion as a leader in the field of lithium-ion graphite anode battery materials.

Keywords: Synthetic Graphite, Anode Material, Lithium-Ion Battery, Supply Chain, Electric Vehicle, Aerospace Applications, Domestic Supply Chain, Graphitization Technology, Manufacturing Excellence, Scalability.

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