{"id":142385,"date":"2024-04-19T07:20:00","date_gmt":"2024-04-19T05:20:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=142385"},"modified":"2024-04-16T15:54:06","modified_gmt":"2024-04-16T13:54:06","slug":"graphjet-technology-to-build-new-agricultural-waste-to-graphite-production-facility-in-nevada","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/graphjet-technology-to-build-new-agricultural-waste-to-graphite-production-facility-in-nevada\/","title":{"rendered":"Graphjet Technology to Build New Agricultural Waste-to-Graphite Production Facility in Nevada"},"content":{"rendered":"\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"398\" src=\"https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/5e1f5d47802e8b8fb521fe5c8e49a540-1024x398.png\" alt=\"\" class=\"wp-image-142399\" style=\"aspect-ratio:2.5728643216080402;width:278px;height:auto\" srcset=\"https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/5e1f5d47802e8b8fb521fe5c8e49a540-1024x398.png 1024w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/5e1f5d47802e8b8fb521fe5c8e49a540-300x117.png 300w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/5e1f5d47802e8b8fb521fe5c8e49a540-150x58.png 150w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/5e1f5d47802e8b8fb521fe5c8e49a540-768x298.png 768w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/5e1f5d47802e8b8fb521fe5c8e49a540-400x155.png 400w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/5e1f5d47802e8b8fb521fe5c8e49a540.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Graphjet aims to commission and begin production at new U.S. facility in 2026<\/strong><\/li>\n\n\n\n<li><strong>Graphjet expects to create more than 500 high-skilled labor positions\u00a0<\/strong><\/li>\n\n\n\n<li><strong>New facility to position Graphjet as the leading supplier of graphite in the U.S. market to support the growing electric vehicle battery ecosystem\u00a0<\/strong><\/li>\n<\/ul>\n\n\n\n<p><strong>Graphjet Technology\u00a0(\u201cGraphjet\u201d or \u201cthe Company\u201d) (Nasdaq:GTI), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, today announced it plans to build a commercial artificial graphite production facility in Nevada. This plant is expected to be a first-of-its-kind in the United States.<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/graphjet-technology-graphite-and-carbon-scaled-e1712930707323-1400x932-1-1024x682.jpg\" alt=\"\" class=\"wp-image-142402\" style=\"aspect-ratio:1.501466275659824;width:717px;height:auto\" srcset=\"https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/graphjet-technology-graphite-and-carbon-scaled-e1712930707323-1400x932-1-1024x682.jpg 1024w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/graphjet-technology-graphite-and-carbon-scaled-e1712930707323-1400x932-1-300x200.jpg 300w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/graphjet-technology-graphite-and-carbon-scaled-e1712930707323-1400x932-1-150x100.jpg 150w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/graphjet-technology-graphite-and-carbon-scaled-e1712930707323-1400x932-1-768x511.jpg 768w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/graphjet-technology-graphite-and-carbon-scaled-e1712930707323-1400x932-1-400x266.jpg 400w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/graphjet-technology-graphite-and-carbon-scaled-e1712930707323-1400x932-1.jpg 1400w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u00a9 Graphjet Technology<\/figcaption><\/figure><\/div>\n\n\n<p>The plant is expected to be capable of recycling up to 30,000 metric tons of palm kernel material equivalent \u2013 a widely abundant agricultural waste product in Malaysia \u2013 to produce up to 10,000 metric tons of battery-grade, artificial graphite per year. This level of production is expected to be able to support the production of enough batteries to power more 100,000 electric vehicles (EVs) per year.<\/p>\n\n\n\n<p>In addition to producing graphite, Graphjet\u2019s first commercial plant in Malaysia, which is on track to be commissioned in the second quarter of 2024, will process palm kernel shells into hard carbon, which will be shipped to Nevada. This eliminates a conversion step in Graphjet\u2019s production process, which would enable its Nevada facility to produce graphite more quickly. Graphjet is aiming to commission and begin production at the new facility in 2026.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAs the only pure-play direct agriculture waste-to-graphite technology developer, Graphjet is well positioned to become the leading source of graphite for the U.S. and we are excited to have Nevada serve as our launching pad into this market,\u201d said <strong>Aiden Lee, CEO and Co-Founder of Graphjet<\/strong>. \u201cWe are laser focused on getting our commercial production online as quickly as possible and are in discussions with several players to secure offtake agreements for our planned Nevada facility. We look forward to investing into the region and creating many local green energy jobs as we build a first-of-its-kind, next-generation graphite production facility in the U.S.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>Nevada is a strategic location for Graphjet as it is located in close proximity to a large quantity of battery manufacturers and automotive OEMs, which will require a significant amount of graphite for future EV battery production. Graphjet\u2019s Nevada manufacturing facility is expected to create more than 500 high skilled labor positions. Furthermore, Graphjet expects to invest between $150 million and $200 million into the facility and is currently evaluating financing and strategic options to fund the plant.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>Mr. Lee<\/strong> continued, \u201cAs leading automotive OEMs and battery manufacturers seek cost-effective and more environmentally friendly sourced production, Graphjet is able to provide a sustainable and cost effective solution that can support their graphite needs and address the accelerating demand for this strategic material. For perspective, Graphjet\u2019s technology produces only 2.95 CO<sub>2<\/sub> emissions per KG of graphite, compared to 17 CO<sub>2<\/sub> emissions per KG with synthetic graphite in China and even 9.2. CO<sub>2<\/sub> emissions per KG with natural graphite in Canada.\u201d<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About&nbsp;Graphjet&nbsp;Technology&nbsp;Sdn. Bhd.<\/strong><\/h3>\n\n\n\n<p>Graphjet Technology Sdn. Bhd. (Nasdaq: GTI) was founded in 2019 in Malaysia as an innovative graphene and graphite producer. Graphjet Technology has the world\u2019s first patented technology to recycle palm kernel shells generated in the production of palm seed oil to produce single layer graphene and artificial graphite. Graphjet\u2019s sustainable production methods utilizing palm kernel shells, a waste agricultural product that is common in Malaysia, will set a new shift in graphite and graphene supply chain of the world.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Graphjet Technology\u00a0(\u201cGraphjet\u201d or \u201cthe Company\u201d) (Nasdaq:GTI), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, today announced it plans to build a commercial artificial graphite production facility in Nevada. This plant is expected to be a first-of-its-kind in the United States. The plant is expected to be capable of [&#8230;]<\/p>\n","protected":false},"author":59,"featured_media":142403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"Facility expected to transform 30,000 metric tons of agriculture waste annually into up to 10,000 metric tons of graphite per year, enough material to power more than 100,000 electric vehicles","footnotes":""},"categories":[5572,17143],"tags":[23834,10416,16733,15168,23962,10453],"supplier":[23961],"class_list":["post-142385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bio-based","category-recycling","tag-agriculturalwaste","tag-circulareconomy","tag-energystorage","tag-graphene","tag-graphite","tag-recycling","supplier-graphjet-technology"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/142385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=142385"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/142385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media\/142403"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=142385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=142385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=142385"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=142385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}