Welcome to our dedicated page for Graphex Group news (Ticker: GRFX), a resource for investors and traders seeking the latest updates and insights on Graphex Group stock.
Graphex Group Limited (GRFX) provides investors and industry observers with comprehensive updates across its graphene production, landscape architecture design, and catering operations. This resource consolidates official announcements and material developments for efficient tracking of the company's diversified business model.
Access curated press releases detailing GRFX's advancements in graphite processing technologies, strategic partnerships in advanced materials applications, and operational expansions within its service divisions. Content spans financial disclosures, product innovations, and corporate governance updates relevant to nanotechnology and industrial sectors.
Regular updates ensure stakeholders maintain informed perspectives on GRFX's market positioning. Bookmark this page for streamlined monitoring of operational milestones across the company's integrated industrial and service-oriented segments.
Graphex Technologies LLC, a subsidiary of Graphex Group Limited (AMEX: GRFX), is increasing its graphite production to meet growing demand for electric vehicle (EV) batteries. The company is among the top 10 suppliers of specialized spherical graphite and is focusing on onshoring production in North America. Key initiatives include expanding production capacity in Asia from 10,000 MT to 55,000 MT by Q4 2024, as well as building a coating facility in Warren, Michigan, with operations set to begin in Q1 2024. Graphex is securing diverse upstream sources and negotiating supply agreements with EV battery OEMs to solidify its market position.
Graphex Group Limited (NYSE American: GRFX) announced a non-binding Letter of Intent with Gratomic Inc. to form a Joint Venture aimed at addressing the supply-demand gap in the EV battery industry. The collaboration seeks to combine Gratomic's raw material supply with Graphex's processing expertise to create an integrated supply chain for graphite used in electric vehicle batteries.
The Joint Venture will focus on producing coated spherical graphite and is designed to operate facilities in North America, enhancing domestic supply chains and meeting increasing demand for battery anode material.
Graphex Technologies, a U.S. subsidiary of Graphex Group Limited (AMEX: GRFX), is partnering with Northern Graphite Corporation to establish a large-scale graphite processing facility in Baie-Comeau, Quebec. This facility aims to supply coated spherical graphite anode material for the North American EV and battery markets. The project will produce up to 200,000 tonnes annually and is significant due to the current supply shortages of non-China sourced graphite. The partnership also plans to create a joint venture for a North American mine-to-battery supply chain, highlighting the critical demand for domestic production.
Graphex Technologies (NYSE American: GRFX) has announced a strategic alliance with Reforme Group to enhance the supply of critical graphite anode materials for the global EV industry. The non-binding MOU aims to evaluate joint opportunities in establishing mid-stream graphite processing facilities globally, focusing initially on identified projects in Australia. With over a decade of experience producing battery-grade graphite, Graphex plans to leverage its production capabilities and Reforme’s mining relationships to ensure a stable supply chain for lithium-ion batteries.
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