Graphjet to build agricultural waste-to-graphite facility in US

Graphjet to build agricultural waste-to-graphite facility in US

Graphjet to build agricultural waste-to-graphite facility in US 1024 582 Batteries International

April 12, 2024: Graphjet Technology, a Malaysian produce of graphite and graphene from agricultural waste, announced on April 8 it plans to build an artificial graphite production facility in Nevada. This plant will be the first-of-its-kind in the US, says Graphjet.

Graphjet says it expects to invest between $150 million and $200 million into the facility and is evaluating financing and strategic options to fund the plant.

The plant should be capable of recycling up to 30,000 tonnes of palm kernel material equivalent — an abundant agricultural waste product in Malaysia — to produce up to 10,000 tonnes of battery-grade, artificial graphite a year. This should be able to support the production of enough batteries to power more 100,000 EVs per year.

In addition to producing graphite, Graphjet’s first commercial plant in Malaysia, which should 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’s 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.

Aiden Lee, CEO and co-founder of Graphjet, said: “We want to get our commercial production online as quickly as possible and are in discussions with several players to secure offtake agreements for our planned Nevada facility. The facility should create more than 500 high skilled jobs.”