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Interests in Subsidiaries (Tables)
12 Months Ended
Jun. 30, 2022
Default Root [Abstract]  
Summary of Information About Principal Subsidiaries

The Group’s material subsidiaries at June 30 are set out in the following table. Unless otherwise stated, each entity has share capital consisting solely of ordinary shares that are held by the Group, and the proportion of ownership interest held equals the voting rights held by the Group. The country of incorporation or registration is also their principal place of business. The functional currency of each of the Group’s entities is the currency of the primary economic environment in

which that entity operates. The consolidated financial statements are presented in Australian dollars, which is NOVONIX Limited’s functional currency.

 

 

 

 

 

 

 

Ownership interest
held of the group

 

 

 

 

Place of business
/ country of

 

Functional

 

2022

 

2021

 

Principal

Name of entity

 

incorporation

 

Currency

 

%

 

%

 

activities

MD South Tenements Pty Ltd

 

Australia

 

AUD

 

100%

 

100%

 

Graphite exploration

Novonix Battery Technology Solutions, Inc.

 

Canada

 

CAN

 

100%

 

100%

 

Battery technology services.

Novonix Corp

 

USA

 

USD

 

100%

 

100%

 

Investment

Novonix Anode Materials, LLC

 

USA

 

USD

 

100%

 

100%

 

Battery materials development