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Malaysia Deputy Minister of Plantation and Commodities YB Datuk Chan Foong Hin Visits Graphjet Technology's First-of-its-Kind Green Graphite Facility
Graphjet TechnologyGraphjet Technology(US:GTI) Newsfilter·2024-12-26 13:00

Core Viewpoint - Graphjet Technology is advancing sustainable practices in the graphite supply chain by converting agricultural waste into battery-grade graphite, which is crucial for electric vehicles and semiconductors [1][2][3] Company Overview - Graphjet Technology, founded in 2019, specializes in producing graphene and graphite using patented technology that recycles palm kernel shells, a byproduct of palm oil production [3] - The company aims to revolutionize the global graphite and graphene supply chain through sustainable production methods [3] Industry Insights - The Agri-commodity sector in Malaysia presents significant untapped potential, with government support aimed at fostering innovation and enhancing the supply chain [2] - The Malaysian government is committed to promoting green technologies, which aligns with Graphjet's operations and expansion plans [2][3] Facility and Operations - Graphjet's green graphite facility in Subang District, Malaysia, efficiently recycles palm biomass into carbon and graphite, contributing to a sustainable transition to green energy [1][2] - The facility is expected to create local jobs and support the palm oil industry while addressing global demand for sustainable graphite [2]