NVX Profile
Novonix Limited is a leading player in the lithium-ion battery market, specializing in the development and supply of battery materials, equipment, and services across North America. The company operates through three primary segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. These segments collectively support Novonix's mission to advance battery technology and contribute to the growing energy storage industry.
The Graphite Exploration and Mining segment focuses on the exploration and extraction of high-quality graphite in Australia, a crucial component for battery anodes. This segment plays a vital role in securing the raw materials needed for battery production, ensuring a reliable supply of essential resources. The Battery Technology segment is dedicated to the development of advanced battery cell testing equipment, battery prototypes, and consulting services. This segment supports innovation in battery performance and safety, addressing the evolving needs of the energy storage market.
In the Battery Materials segment, Novonix develops and manufactures cutting-edge battery anode materials. These materials are essential for enhancing the performance and longevity of lithium-ion batteries. Additionally, the company is involved in investment activities related to battery technologies and testing, further supporting its strategic growth and industry impact.
Formerly known as Graphitecorp Limited, Novonix Limited rebranded in July 2017 to better reflect its expanded focus and capabilities in the battery sector. Incorporated in 2012 and headquartered in Brisbane, Australia, Novonix has established itself as a key innovator and supplier in the global battery industry. The company's comprehensive approach to battery technology and materials positions it as a significant contributor to the development of next-generation energy storage solutions.
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