Brief: Graphjet Technology Plans To Build A Commercial Artificial Graphite Production Facility In Nevada

Graphjet Technology

08/04/2024 12:37

April 8 (Reuters) - Graphjet Technology  GTI.O :
    * GRAPHJET TECHNOLOGY: PLANS TO BUILD A COMMERCIAL
ARTIFICIAL
GRAPHITE PRODUCTION FACILITY IN NEVADA
    * GRAPHJET TECHNOLOGY: FACILITY EXPECTED TO TRANSFORM 30,000
METRIC TONS OF AGRICULTURE WASTE ANNUALLY INTO UP TO 10,000
METRIC TONS OF GRAPHITE/YEAR
    * GRAPHJET TECHNOLOGY: AIMS TO COMMISSION AND BEGIN
PRODUCTION AT
NEW U.S. FACILITY IN 2026
    * GRAPHJET TECHNOLOGY: EXPECTS TO INVEST BETWEEN $150
MILLION AND
$200 MILLION INTO FACILITY
    * GRAPHJET TECHNOLOGY: CURRENTLY EVALUATING FINANCING AND
STRATEGIC OPTIONS TO FUND PLANT

Source text for Eikon:  ID:nGNX2sRmQB 
Further company coverage:  GTI.O 

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