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Graphjet Technology Achieves Technological Breakthroughs with Green Graphite Production
Graphjet TechnologyGraphjet Technology(US:GTI) GlobeNewswire News Room·2024-12-03 13:00

Core Viewpoint - Graphjet Technology has achieved significant milestones in producing high-quality synthetic graphite with 99.99% purity and 98.8% graphitization, validating its patented green graphite production technology [1][2][4] Group 1: Technology and Production Achievements - Graphjet's artificial green graphite, derived from palm-based biomass residues, has been validated by a third-party agency, confirming its high purity and graphitization levels [2][4] - The production process involves raw material mixing, molding, and high-temperature graphitization, which is crucial for achieving high-quality graphite [3][5] - The proprietary catalyst formula used by Graphjet allows for cost-effective production of high-quality graphite, maintaining necessary parameters during the graphitization process [4][5] Group 2: Market Applications and Environmental Impact - High-quality artificial graphite produced by Graphjet is suitable for applications in lithium-ion batteries, thermal management, and graphite electrodes, among others [3][6] - Graphjet's technology results in only 2.95 kg of CO2 emissions per kg of graphite produced, significantly lower than the emissions from traditional natural and synthetic graphite production [8] Group 3: Production Capacity and Future Prospects - Graphjet has established the world's first and largest green graphite facility in Malaysia, with an annual production capacity of up to 3,000 metric tons, sufficient for approximately 40,000 electric vehicles [7] - The company aims to position itself as a leading supplier of green graphite, leveraging its innovative technology and sustainable production methods [2][9]