Novonix Limited (NVX:ASX)
Novonix Limited is an Australia-based battery materials and technology company. The Company is focused on the investment in scalability efforts to improve production capacity of anode materials, commercialization of the Company's cathode technology, as well as expanding cell assembly and testing capabilities. The Company operates through three segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services, and conducts research and development in battery development. Its anode materials business, PUREgraphite, has developed an environmentally friendly process to produce lower-cost graphite anode material for lithium-ion batteries in the United States.