Startup Offers EV Firms Greener Graphite in Alternative to China [Financial Post (Toronto, Ontario, Canada)]
Graphjet Technology - Class A Ordinary Shares (GTI)
Company Research
Source: Financial Post
Author of the article: (Bloomberg) — An alternative energy startup in Malaysia is ready to help electric-vehicle makers source a key ingredient outside of China — using agriculture waste to create graphite. Graphjet Technology said it can turn palm kernels into graphite — an essential component in EV battery anodes — from its facility in Malaysia, one of the world's top producers of palm oil. The company, which started trading on Nasdaq Friday, expects to begin producing the ingredient in the second quarter, targeting an annual capacity of 3,000 tons, according to Chief Executive Officer Aiden Lee. Article content Article content Synthetic graphite, which accounts for most of global production, is typically made from petroleum coke, in an expensive and carbon-intensive process. Graphjet says its process cuts the carbon footprint by 83% while reducing costs by 80%. The company's projected output is small in comparison to the huge global demand for the critical mineral, whi
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News
- Graphjet Technology to Build New Agricultural Waste-to-Graphite Production Facility in Nevada [Yahoo! Finance]Yahoo! Finance
- Graphjet Technology to Build New Agricultural Waste-to-Graphite Production Facility in NevadaGlobeNewswire
- Graphjet Technology Publishes Presentation on Investor WebsiteGlobeNewswire
- Startup Offers EV Firms Greener Graphite in Alternative to China [Yahoo! Finance]Yahoo! Finance
- Startup Offers EV Firms Greener Graphite in Alternative to China [BNN Bloomberg (Canada)]BNN Bloomberg
GTI
Sec Filings
- 4/22/24 - Form 10-K
- 4/19/24 - Form 8-K
- 4/15/24 - Form NT
- GTI's page on the SEC website