Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) changes in the markets in which Graphjet competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Graphjet will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) Graphjet is beginning the commercialization of its technology and it may not have an accurate estimate of future capital expenditures and future revenue; (iv) statements regarding Graphjet’s industry and market size; (v) financial condition and performance of Graphjet, including the anticipated benefits, the implied enterprise value, the financial condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Graphjet; (vi) Graphjet’s ability to develop and manufacture its graphene and graphite products; and (vii) those factors discussed in our filings with the SEC.
Achieved 99.99% graphite purity and 98.8% graphitization, two key milestones further validating the quality of Graphjet Technology’s technology and its viability at scale Technology delivers the highest purity and graphitization of all biomass graphite production processes KUALA LUMPUR, Malaysia, Dec.03, 2024 (GLOBE NEWSWIRE) -- Graphjet Technology ("Graphjet” or "the Company”) (Nasdaq:GTI), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, today announced that it has achieved key breakthroughs in catalyzing graphitization to produce high quality synthetic graphite with its patented green graphite production technology.
These factors are critical in determining the graphitization degree and properties of artificial graphite.” Graphjet has achieved the highest levels of both purity and graphitization among all biomass graphite production technologies, which further demonstrates its suitability for the production of semiconductors and anode materials for high-performance electric vehicle batteries.
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