Graphjet's Graphite Meets Standards as It Finalizes Collaborations, Supply, and Offtake Agreements
Graphite Production: Graphjet Technology has developed a method to produce graphite suitable for battery anode material and is moving towards finalizing collaborations and supply agreements with customers.
Share Consolidation Plans: The company plans to undergo a share consolidation which may reduce the number of shares in circulation, while also issuing additional shares to improve market liquidity post-consolidation.
Commercialization Efforts: Graphjet aims to transition from a developmental stage to a full-fledged producer of graphite, actively engaging with multinational firms for collaboration and supply agreements.
Sustainable Production: Founded in 2019, Graphjet utilizes a patented technology to recycle palm kernel shells into graphene and artificial graphite, promoting sustainability in the global graphite supply chain.
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