NOVONIX

NOVONIX Supply Chain

Supply Chain of NOVONIX (NVX.AX) as of Nov 6, 2026.

Supply Chain

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Last updated:

Supply chains in stock corporations are essential components of business infrastructure and play a crucial role in value creation and competitiveness. These supply chains encompass all steps from raw material procurement and production to the delivery of finished products to the end customer.

NOVONIX Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
12 companies
#NameTrend
1
Contemp Amperex
Customer·Electrical Equipment·CN
0.52
-0.53
0.60
0.81
0.71
0.87
2
Nokia
Customer·Communications Equipment·FI
0.06
0.40
-0.06
0.60
0.61
0.79
3
Toyota Motor
Customer·Automobiles·JP
-0.04
-0.66
-0.44
-0.33
0.24
0.77
4
Emera
Supplier·Customer·Electric Utilities·CA
0.45
-0.15
0.21
-0.24
0.26
0.68
5
Honda Motor
Customer·Automobiles·JP
-0.44
0.69
0.32
-0.17
-0.49
0.52
6
Panasonic Holdings
Customer·Household Durables·JP
0.30
-0.17
0.10
0.62
0.33
0.51
7
Phillips 66
Supplier·Customer·Oil, Gas & Consumable Fuels·US
0.37
-0.50
-0.56
-0.59
-0.19
0.37
8
Murata Manufacturing
Customer·Electronic Equipment, Instruments & Components·JP
0.62
-0.64
-0.20
0.74
0.16
0.36
9
Citigroup
Supplier·Customer·Banks·US
0.33
0.30
0.31
0.50
-0.15
0.32
#NameTrend
1
Enovix
Customer·Electrical Equipment·US
0.44
0.52
0.45
0.80
0.54
—
2
CBAK Energy Technology
Customer·Electrical Equipment·CN
-0.05
0.61
0.57
0.65
-0.57
-0.42
3
3M Co
Customer·Industrial Conglomerates·US
-0.46
-0.14
0.17
0.91
-0.22
-0.09

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NOVONIX Stock analysis

What does NOVONIX do? NOVONIX Ltd. generates revenue through its two divisions: NOVONIX Anode Materials (NAM) and NOVONIX Battery Technology Solutions (BTS). The NAM division sells synthetic graphite anode materials used in lithium-ion batteries for electric vehicles, personal electronics, medical devices, and energy storage systems. The BTS division provides advanced battery testing equipment and services, offering front-line access across the battery value chain to support battery development. Both divisions serve global clients in the lithium-ion battery industry, including manufacturers and researchers seeking to enhance battery performance and production efficiency. The company manufactures battery cell testing equipment in Canada and expands its synthetic graphite anode material production in the U.S., targeting key markets for electric vehicle and energy storage applications. NAM materials are integral to battery manufacturing, while BTS equipment and services cater to research and development needs, enabling clients to optimize battery technologies. This dual-product strategy allows NOVONIX to address both material supply and technical support segments within the battery industry. NOVONIX's revenue streams are derived from direct sales of materials and equipment to battery producers and research institutions. The NAM division's synthetic graphite anode materials power applications in electric vehicles, personal electronics, medical devices, and energy storage units, while the BTS division's testing equipment and services support global battery development efforts. The company's focus on integrated solutions ensures consistent demand from clients across the battery value chain. NOVONIX is one of the most popular companies on Eulerpool.

All Key Metrics — NOVONIX