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NVNXF: Creating a North American Supply Chain for the Lithium-ion Battery Industry

By M. Marin

OTC:NVNXF

READ THE FULL NVNXF RESEARCH REPORT

Novonix (OTC:NVNXF) is an integrated developer and supplier of high-performance materials, equipment and services for the global lithium-ion battery industry. Reflecting rising consumer adoption of electric vehicles (EVs) and installations of electric storage systems (ESS), among other factors, the need for lithium-ion batteries is expected to grow significantly. To benefit from this anticipated trend, the company's strategy is to create a North American source of competitively priced, high-quality synthetic anode material for the battery industry.

Through a series of initiatives, management has transformed the company from a legacy business of providing measurement equipment to battery manufacturers and others to one that supplies a range of value-added advanced battery materials and services and equipment to the global battery market. Novonix now has three key operating units: Novonix Anode Materials, Novonix Cathode Materials and the Novonix Battery Technology Solutions (BTS) divisions.
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