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Graphjet visited by Korean company
Globenewswireยท 2025-08-04 20:45
Core Insights - Graphjet Technology received a visit from management executives of a leading South Korean conglomerate, marking a significant step towards potential supply agreements in the battery materials sector [1][4] - The South Korean group reported consolidated revenues of KRW72.688 trillion (USD 52.6 billion) in 2024, with a focus on high-growth sectors such as lithium extraction and carbon-neutral technologies [2] - Discussions during the visit centered on Graphjet's graphite materials, clean energy integration, and next-generation battery development [3] Company Overview - Graphjet Technology, founded in 2019 in Malaysia, specializes in producing graphene and graphite using patented technology that recycles palm kernel shells [4] - The company's sustainable production methods aim to transform the global graphite and graphene supply chain [4] Industry Context - The South Korean conglomerate is recognized as an emerging leader in the battery materials industry, with a strategic roadmap focused on energy transition and sustainability [2] - The visit opens opportunities for Graphjet to supply products to major battery manufacturers and AI chip producers in Asia and North America [4]