Novonix Anode Materials LLC

Bipartisan Infrastructure Law (BIL) - Large Scale, Energy Efficient, Domestic Production of High-performance Synthetic Graphite Anode Material for Use in Electric Vehicles and Energy Storage Systems the Objective of This Project Is to Upgrade, Commission, and Operate a Facility Capable of Producing 20,000 Metric Tons Per Year (TPA) of Synthetic Graphite Capable of Achieving Electric Vehicle (EV) Battery Manufacturer Specification Annually.

Committed

$100.0 Million

Paid out
$42.3M
42%
Committed, not yet paid
$57.7M
58%

How to read these numbers

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Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · project grant (b)

Department of Energy

Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications to