Graphjet, utilizing its proven, commercial and patented technologies to sustainably produce graphite from agricultural waste, becomes the leading source of graphite and graphene for the U.S. market Graphjet’s vertically integrated environmentally friendly solution provides up to an 83% reduction in carbon footprint and up to an 80% reduction in cost compared to traditional processes Graphjet is well positioned for growth, with a new facility beginning production in Q2 2024, to support a $30 mill
Graphjet Technology expects to commission new facility by the end of Q2 2024, with revenues and production expected in 2024 Facility expected to transform 9,000 tonnes of agriculture waste annually to up to 3,000 tonnes of graphite per year To meet growing demand for graphite following China’s decision to restrict graphite exports, Graphjet is poised to become a leading supplier of this strategic material Kuala Lumpur, Malaysia, March 04, 2024 (GLOBE NEWSWIRE) -- Graphjet Technology (“Graphjet”
~ Shareholders of Energem Corp. Approve Business Combination on February 28, 2024 ~ ~ Upon Closing, the Combined Company is Expected to Trade on Nasdaq Under the Ticker “GTI” ~ Kuala Lumpur, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Energem Corp. (“Energem”) (Nasdaq: ENCP, ENCPW), a publicly-traded special purpose acquisition company, today announced that its shareholders voted to approve the previously announced business combination with Graphjet Technology Sdn. Bhd., a Malaysian private limited compan