Welcome to our dedicated page for Graphjet Technology news (Ticker: GTI), a resource for investors and traders seeking the latest updates and insights on Graphjet Technology stock.
Graphjet Technology (GTI) is a Cayman Islands–incorporated company whose Malaysian operating subsidiary, Graphjet Technology Sdn. Bhd., focuses on producing graphene and graphite from palm kernel shells. News about GTI often centers on its patented process for converting this agricultural by-product into single-layer graphene and artificial graphite, as well as on developments in its production facilities, laboratory capabilities, and customer outreach.
Recent company announcements describe the arrival, installation, and commissioning of new machinery and equipment at its factory in Malaysia, which the company says has significantly increased its production capacity. Graphjet has also reported completing an in-house laboratory to test and customize the properties of its graphite and graphene, support quality control, and conduct research and development. News items highlight that the company’s graphite can be used as battery anode material and that it can produce types of graphite and graphene for industries that include the semiconductor sector.
GTI’s news flow also covers collaborations and market engagement. The company has announced a collaboration with Universiti Kebangsaan Malaysia’s Centre for Materials Engineering and Smart Manufacturing to develop thermal management materials using graphite and graphene in additive manufacturing technology. It has reported visits from management executives of a South Korean conglomerate active in steel and battery materials, with discussions about potential supply of Graphjet’s graphite material.
Another important theme in GTI-related news is its capital markets and listing status. Releases and related SEC filings describe Nasdaq notices on listing rule compliance, shareholder approval of a 1-for-60 share consolidation, and the subsequent delisting of its Class A ordinary shares from The Nasdaq Global Market, followed by trading on an over-the-counter market under the symbol GTIJF and an ongoing appeal of the delisting decision. Investors and observers can use this news page to review company-issued updates on operations, collaborations, financing actions, and listing developments.
Graphjet Technology (Nasdaq:GTI), a developer of technologies for producing graphite and graphene from agricultural waste, has received a notice from Nasdaq's Listing Qualifications Department on February 28, 2025. The notice indicates non-compliance with listing requirements due to delayed filings of:
1. Form 10-K for September 30, 2024
2. Form 10-Q for December 31, 2024
The company has until April 29, 2025 to submit a compliance plan. If Nasdaq accepts the plan, GTI may receive an extension until July 14, 2025 to regain compliance. The notice does not immediately affect GTI's listing or trading status on the Nasdaq Global Market.
Graphjet Technology (Nasdaq:GTI), a developer of technologies to produce graphite and graphene from agricultural waste, hosted Malaysia's Deputy Minister of Plantation and Commodities, YB Datuk Chan Foong Hin, at its newly commissioned green graphite facility in Subang District, Malaysia. The facility converts palm kernel shells into battery-grade graphite for electric vehicle and semiconductor markets. During the visit, the Deputy Minister observed the process of converting palm biomass into carbon and graphite, emphasizing the untapped potential in the Agri-commodity sector. Graphjet's CEO Aiden Lee highlighted the company's role in creating a sustainable global graphite supply chain and its contribution to Malaysia's palm oil industry.
Graphjet Technology (Nasdaq:GTI), a developer of technologies to produce graphite and graphene from agricultural waste, has promoted Liu Yu to the dual role of Chief Operating Officer and Chief Scientific Officer. Liu Yu, who previously served as Head of Research and Chief Scientific Officer since the company's inception, will oversee production operations, business development, customer support, and technological initiatives.
With over two decades of experience, Liu Yu's professional background includes serving on the board of Zhonghe Industries Sdn. Bhd., directing Zhonghe Tiancheng Beijing Technology Development Co. , and managing positions at various companies including Beijing Anda Century Investment Consulting Co. and Chi Feng Tuo Industrial Co.
Graphjet Technology (Nasdaq:GTI), a developer of patented technologies for producing graphite and graphene from agricultural waste, has scheduled a business update conference call and webcast for December 12, 2024, at 9 AM ET. Participants can join via webcast or by dialing (877) 407-9208 (domestic) or (201) 493-6784 (international). A two-week replay will be available through (844) 512-2921 (domestic) or (412) 317-6671 (international) using Conference ID: 13750405. The webcast recording will be accessible through the company's Investor Relations website section.
Graphjet Technology (Nasdaq:GTI) has achieved significant technological breakthroughs in green graphite production, reaching 99.99% graphite purity and 98.8% graphitization levels. The company's patented technology produces graphite directly from palm kernel shells, achieving the highest purity and graphitization among all biomass graphite production processes. Their facility in Malaysia has an annual capacity of 3,000 metric tons of battery-grade graphite, enough to support approximately 40,000 electric vehicles annually. The process generates only 2.95 kg CO2 emissions per kg of graphite, significantly lower than traditional production methods.
Graphjet Technology (Nasdaq:GTI) has secured three ISO certifications from ARES International for its eco-friendly manufacturing of graphite and graphene from biomass waste. The certifications include ISO 14001:2015, ISO 9001:2015, and ISO 45001:2018, validating the company's environmental, quality, and safety management systems.
Additionally, Graphjet has been granted a key patent in Malaysia for its palm-based graphene production process, strengthening its IP position. The company's sustainable technology reduces operational carbon footprint by up to 83% and costs by up to 80% compared to traditional methods. Graphjet's process emits only 2.95 kg CO2 per kg of graphite produced, significantly lower than Chinese natural (16.8 kg) and synthetic (17 kg) graphite production.
Graphjet Technology (Nasdaq:GTI) has launched operations at the world's first agricultural waste-to-graphite facility in Malaysia. The facility can produce up to 3,000 metric tons of battery-grade graphite annually from palm kernel shells, enough to support battery production for 40,000 EVs. The 91,000-square-foot facility will employ 200 workers and can recycle 9,000 metric tons of palm kernel shells yearly. The company has begun shipping green graphite samples to customers and plans to produce hard carbon for its planned Nevada facility. The technology reduces operational carbon footprint by 83% and costs by 80% compared to traditional processes, producing only 2.95 kg CO2 emissions per kg of graphite.
Graphjet Technology (Nasdaq: GTI), a pioneer in converting agricultural waste into graphite and graphene, has regained compliance with Nasdaq listing standards. The company had previously been notified of non-compliance on June 4, 2024, due to a delay in filing its Q1 2024 10-Q report. However, following the submission of the required document on June 20, 2024, Nasdaq has confirmed that Graphjet now meets all applicable listing criteria.
This development ensures Graphjet's continued presence on the Nasdaq stock exchange, maintaining its visibility and access to capital markets. The timely resolution of this compliance issue demonstrates the company's commitment to meeting regulatory requirements and transparency in financial reporting.
Graphjet Technology (Nasdaq:GTI), a leader in converting agricultural waste into graphite and graphene, announced its participation in the SelectUSA Investment Summit in Washington D.C. on June 24, 2024. CEO and Co-Founder, Aiden Lee, will present the company's role in the critical minerals supply chain, its innovative technologies, and its vision for sustainable material supply important for green energy transitions. The event, which is invite-only, aims to boost business investments by connecting various stakeholders.
Graphjet Technology, a company listed on Nasdaq under the symbol GTI, announced that it received a delinquency notification from Nasdaq on May 30, 2024. The notification highlights that Graphjet failed to file its Quarterly Report (Form 10-Q) for the quarter ending March 31, 2024, which is a breach of Nasdaq Listing Rule 5250(c)(1). The company is actively working with its accounting firm to rectify the issue. Although the notification does not immediately affect the listing of Graphjet's shares, the company has until July 29, 2024, to submit a compliance plan. If accepted, Nasdaq may grant an extension until November 18, 2024, to meet the compliance requirements. Failure to submit an acceptable plan may lead to a hearing.