DOE MESC Bipartisan Infrastructure Law Grant to NOVONIX Anode Materials for the Riverside Synthetic Graphite Plant (2023)
NOVONIX was selected on 20 October 2022 to negotiate a US$150 million Bipartisan Infrastructure Law grant and finalised a resized US$100 million award on 31 October 2023, reallocated to the Riverside facility in Chattanooga, Tennessee. USAspending records federal award DEMS0000005 to NOVONIX Anode Materials LLC from DOE's Office of Manufacturing and Energy Supply Chains, signed 31 October 2023, US$100,000,000 obligated against US$311,658,130 of non-federal funding, US$42,293,023.46 outlayed, period of performance 1 November 2023 to 30 September 2026, place of performance Chattanooga, Tennessee.
Financial state: Obligated
Program: DOE Office of Manufacturing and Energy Supply Chains · U.S. Department of Energy
Primary source: USAspending.gov (U.S. Department of the Treasury) · published Aug 13, 2026
Terms
| Amount | $100M (total obligation on USAspending award DEMS0000005, matching the US$100 million resized award NOVONIX announced as finalised) |
|---|
Immutable financial events
- Oct 20, 2022 · Announced
- Oct 31, 2023 · Obligated
Sources
- NOVONIX Limited · published Nov 1, 2023 · retrieved Aug 13, 2026 · archive unavailable: Wayback verification blocked by archive.org outage on 2026-08-12; recheck on a weekly pass
- USAspending.gov (U.S. Department of the Treasury) · published Aug 13, 2026 · retrieved Aug 13, 2026 · archive unavailable: Wayback verification blocked by archive.org outage on 2026-08-12; recheck on a weekly pass