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.