Graphex Technologies | NYSE: GRFX | 6128:HK
With the appointments of Greg McKenzie and Tom Rooney as the initial members of the SAC, the international technology company will augment its knowledge and experience in energy, infrastructure, policy, capital markets, and corporate governance as it accelerates its growth strategy into North America
ROYAL OAK, Mich., June 12, 2023–(BUSINESS WIRE)–Graphex Technologies, LLC, a wholly owned subsidiary of Graphex Group Limited (collectively “Graphex” or the “Company”)) (NYSE American: GRFX | HKSE: 6128) and a global leader in mid-stream processing of natural graphite for use in Lithium-ion (Li-ion) powered batteries, today announced the formation of its U.S. strategic advisory committee as it continues to move forward with its business objectives to establish end-to-end graphite processing and production capabilities in North America and beyond. The advisory committee is being formed to provide advice and consultation by professionals across multiple industries to accelerate Graphex’s business opportunities. It is expected that shares of Graphex that are granted to the advisors will be subject to a 12-month lock-up restriction.
Graphex has retained Greg McKenzie and Tom Rooney as strategic advisors and the first members of its newly announced advisory committee. Additional members will be announced in the coming weeks.
“We have reached a pivotal period in our strategic growth plan. The depth and breadth of the experience, guidance, and counsel that these gentlemen bring will help us navigate the next phases of development and positioning,” said John DeMaio, Chief Executive Officer of Graphex Technologies. “Graphex continues to lead with deep production experience coupled with the ability to quickly bring facilities online to meet the unprecedented demand for refined graphite in North America. This advisory committee will further advance the Company’s work to increase graphite production globally and to onshore mid-stream critical mineral supply chains. Each advisor brings a wealth of experience across various sectors to support our global expansion and overall business strategy. I look forward to working closely with each of them.”
Graphex is currently among the top 10 suppliers of specialized spherical graphite to the EV and renewable energy industries. As the projected demand for EVs and other sustainable energy solutions continues to grow, there is a correlated increase in demand for the critical minerals necessary to manufacture the Li-ion batteries that power them. Graphex’s graphite processing plant in Warren, Michigan is forecasted to be operational in 2024 and is on track to be one of the only plants in the U.S. to have a solidified North American supply chain of natural graphite.
To learn more about Graphex Technologies, please visit www.graphexgroup.com.
About Graphex:
Graphex Group Limited is a multinational technology company focused on the development of technologies and products to enhance renewable energy, particularly the refining of natural spherical graphite, synthetic graphite, and graphene-related products – key components in EVs/Lithium-ion batteries as well as in other uses. Graphex has extensive commercial experience in the deep processing of graphite and producing battery grade graphite anode material. Current production is 10,000 tonnes per annum (tpa) with a current expansion underway to increase production to 30,000 tpa within the next 12 months. Graphex intends to further expand existing operations to 55,000 tpa over the next three years. Graphex is currently among the top suppliers of specialized graphite anode material to the EV and renewable energy industries and holds patents in areas including products, production methods, machinery design, and environmental protection. Graphex’s strategy is to expand its operations globally to support energy transition and electrification efforts worldwide. To learn more about Graphex, please visit www.graphexgroup.com
Forward Looking Statements
All statements contained in this presentation other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans and our objectives for future operations, are “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the safe harbor in Section 27A and 21E of the Securities Act of 1933 and the Securities Exchange act of 1934, respectively. You can identify some of these forward looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely,” “potential,” “continue” or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. We have based these forward looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short term and long-term business operations and objectives, and financial needs. These forward looking statements involve various risks and uncertainties.
Information from third sources identified in this release is based on published reports for such information and we have assumed the accuracy of such reports without independent investigation or inquiry.
This communication is for informational purposes only and is neither an offer to sell nor a solicitation of an offer to purchase any securities of Graphex Group Limited, including but not limited to its American Depositary Shares.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230601005358/en/
Contacts
Corporate:
Graphex Group
info@graphexgroup.com
www.graphexgroup.com
Investor Relations:
RedChip Companies, Inc.
Dave Gentry
800-733-2447
grfx@redchip.com
Public Relations:
FischTank PR
Graphex@fischtankpr.com
The international technology company announces key updates on Michigan site progress and further expansion of its domestic supply chain for graphite anode material
ROYAL OAK, Mich., June 06, 2023–(BUSINESS WIRE)–Graphex Technologies, LLC, a wholly owned subsidiary of Graphex Group Limited (collectively “Graphex”) (NYSE American: GRFX | HKSE: 6128) and a global leader in mid-stream processing of natural graphite for use in Lithium-ion (Li-ion) powered batteries, today shared updates on its Warren processing facility and other developments in Michigan, highlighting its progress in creating a stable domestic supply chain to meet unprecedented national demand for graphite.
Graphex’s Warren site has secured the necessary environmental permit from the Air Quality Division of the Michigan Department of Environment, Great Lakes, and Energy, allowing this project to move forward with final design and equipment orders for the Warren site. The permit award is another milestone and is indicative of the local community’s endorsement of Graphex’s presence in Warren, supporting the company’s efforts to establish Warren as a key player in the refinement and production of battery materials for the Detroit area’s emerging electric vehicle (EV) industry.
“Graphex’s plant in Warren will bring an influx of new jobs to the area along with training for the necessary skills and expertise in the fast-growing category of electric vehicle production and the batteries that power them,” said James R. Fouts, Mayor of Warren. “We’re happy to work closely with Graphex to secure local incentives to establish operations in the state of Michigan.”
In addition to greenlighting further development of the Warren facility, the permit enables Graphex to continue evaluation of potential locations in and around Warren for a shaping and purifying plant to correspond with its pitch coating plant. As major car manufacturers continue to make investments in Michigan to expand electrification, a localized end-to-end battery mineral supply chain nearby will be invaluable to reduce potential logistical challenges. Transforming raw material to finished product, Graphex will provide ready battery anode material for original equipment manufacturers (OEMs) and gigafactories as they ramp up production and meet nearly 400,000 tons of projected yearly demand for graphite.
“Our discussions and negotiations with OEMs and automakers have demonstrated the imminent and yet enormous supply/demand mismatch for graphite, and securing this permit is another milestone in our plans to bring needed end-to-end capabilities to the Detroit area and beyond,” said John DeMaio, CEO of Graphex Technologies. “We stand by our commitment to building out a robust domestic battery mineral supply chain in support of an electrified future and Warren is just the first step of many to come.”
Mayor Fouts continued, “We look forward to supporting Graphex’s efforts in continuing development of its graphite processing plants and embrace Warren’s status as a home for the evolving auto industry.”
Graphex has received offers of state and local incentives for the planned graphite processing plant in Warren and will be seeking additional financial support to bring robust economic benefits and to support job creation in the City of Warren and the state of Michigan.
To learn more about these initiatives and more from Graphex Technologies, please visit www.graphexgroup.com
About Graphex
Graphex is a multinational technology company focused on the development of technologies and products to enhance renewable energy, particularly the refining of natural spherical graphite, synthetic graphite, and graphene-related products – key components in EVs/Lithium-ion batteries as well as in other uses. Graphex has extensive commercial experience in the deep processing of graphite and producing battery grade graphite anode material. Current production is 10,000 tonnes per annum (tpa) with a current expansion underway to increase production to 30,000 tpa within the next 12 months. Graphex intends to further expand existing operations to 55,000 tpa over the next three years. Graphex is currently among the top suppliers of specialized graphite anode material to the EV and renewable energy industries and holds patents in areas including products, production methods, machinery design, and environmental protection. Graphex’s strategy is to expand its operations globally to support energy transition and electrification efforts worldwide.
In addition, Graphex notes that additional information is available in its annual report on Form 20-F for the annual period ending December 31, 2022 that was filed with the SEC on May 10, 2023. This annual report is available at www.graphexgroup.com/investors/presentations/. Shareholders may request a hard copy of the complete audited financial statements free of charge upon request.
Forward Looking Statements
All statements contained in this presentation other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans and our objectives for future operations, are “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the safe harbor in Section 27A and 21E of the Securities Act of 1933 and the Securities Exchange act of 1934, respectively. You can identify some of these forward looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely,” “potential,” “continue” or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. We have based these forward looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short term and long-term business operations and objectives, and financial needs. These forward looking statements involve various risks and uncertainties. Information from third sources identified in this release are based on published reports for such information and we have assumed the accuracy of such reports without independent investigation or inquiry. This communication is for informational purposes only and is neither an offer to sell nor a solicitation of an offer to purchase any securities of Graphex Group Limited, including but not limited to its American Depositary Shares.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230606005399/en/
Contacts
Corporate:
Graphex Group
info@graphexgroup.com
www.graphexgroup.com
EQ Analytica has been engaged to perform public outreach and market analytics.
Investor Relations:
RedChip Companies, Inc.
Todd McKnight
917 349-2175
todd@redchip.com
Public Relations:
FischTank PR
Graphex@fischtankpr.com
ORLANDO, FL / ACCESSWIRE / June 2, 2023 / RedChip Companies will air new interviews with Soligenix, Inc. (Nasdaq:SNGX) and Graphex Group Limited (NYSE American:GRFX) on The RedChip Money Report® on Bloomberg TV, this Saturday, June 3, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.
Access the interviews in their entirety at:
About The RedChip Money Report®
The RedChip Money Report® is produced by RedChip Companies Inc., an international Investor Relations and media firm with 30 years’ experience focused on Discovering Tomorrow’s Blue Chips Today™. “The RedChip Money Report®” delivers insightful commentary on small-cap investing, interviews with Wall Street analysts, financial book reviews, as well as featured interviews with executives of public companies.
About Soligenix, Inc.
Soligenix is a late-stage biopharmaceutical company focused on developing and commercializing products to treat rare diseases where there is an unmet medical need. Our Specialized BioTherapeutics business segment is developing and moving toward potential commercialization of HyBryte™ (SGX301 or synthetic hypericin sodium) as a novel photodynamic therapy utilizing safe visible light for the treatment of cutaneous T-cell lymphoma (CTCL). With a successful Phase 3 study completed, regulatory approval is being sought and commercialization activities for this product candidate are being advanced initially in the U.S. Development programs in this business segment also include expansion of synthetic hypericin (SGX302) into psoriasis, our first-in-class innate defense regulator (IDR) technology, dusquetide (SGX942) for the treatment of inflammatory diseases, including oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone 17,21-dipropionate (BDP) for the prevention/treatment of gastrointestinal (GI) disorders characterized by severe inflammation including pediatric Crohn’s disease (SGX203).
Our Public Health Solutions business segment includes active development programs for RiVax®, our ricin toxin vaccine candidate, as well as our vaccine programs targeting filoviruses (such as Marburg and Ebola) and CiVax™, our vaccine candidate for the prevention of COVID-19 (caused by SARS-CoV-2). The development of our vaccine programs incorporates the use of our proprietary heat stabilization platform technology, known as ThermoVax®. To date, this business segment has been supported with government grant and contract funding from the National Institute of Allergy and Infectious Diseases (NIAID), the Defense Threat Reduction Agency (DTRA) and the Biomedical Advanced Research and Development Authority (BARDA).
For further information regarding Soligenix, Inc., please visit the Company’s website at https://www.soligenix.com and follow us on LinkedIn and Twitter at @Soligenix_Inc.
About Graphex Group Limited
Graphex Group Limited is a multinational technology company focused on the development of technologies and products to enhance renewable energy, particularly the refining of natural spherical graphite, synthetic graphite, and graphene-related products – key components in EVs/Lithium-ion batteries as well as in other uses. Graphex has extensive commercial experience in the deep processing of graphite and producing battery grade graphite anode material. Current production is 10,000 tonnes per annum (tpa) with a current expansion underway to increase production to 30,000 tpa within the next 12 months. Graphex intends to further expand existing operations to 55,000 tpa over the next three years. Graphex is currently among the top suppliers of specialized graphite anode material to the EV and renewable energy industries and holds patents in areas including products, production methods, machinery design, and environmental protection. Graphex’s strategy is to expand its operations globally to support energy transition and electrification efforts worldwide. To learn more about Graphex, please visit www.graphexgroup.com.
About RedChip Companies
RedChip Companies, an Inc. 5000 company, is an international investor relations, media, and research firm focused on microcap and small-cap companies. For 30 years, RedChip has delivered concrete, measurable results for its clients. Our newsletter, the RedChip Money Report is delivered online weekly to 60,000 investors. RedChip has developed the most comprehensive service platform in the industry for microcap and small-cap companies. These services include the following: a worldwide distribution network for its stock research; retail and institutional roadshows in major U.S. cities; outbound marketing to stock brokers, RIAs, institutions, and family offices; a digital media investor relations platform that has generated millions of unique investor views; investor webinars and group calls; a television show, “The RedChip Money Report,” which airs weekly on Bloomberg US; TV commercials in local and national markets; corporate and product videos; website design; and traditional investor relation services, which include press release writing, development of investor presentations, quarterly conference call script writing, strategic consulting, capital raising, and more.
To learn more about RedChip’s products and services, please visit:
“Discovering Tomorrow’s Blue Chips Today”™
Contact:
Dave Gentry
RedChip Companies Inc.
1-800-RED-CHIP (733-2447)
Or 407-491-4498
info@redchip.com
SOURCE: RedChip
ORLANDO, FL / ACCESSWIRE / May 26, 2023 / RedChip Companies will air new interviews with QYOU Media Inc. (TSXV:QYOU)(OTCQB:QYOUF) and Graphex Group Limited (NYSE American:GRFX) on The RedChip Money Report® on Bloomberg TV, this Saturday, May 27, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.
Access the interviews in their entirety at:
QYOU Media: https://qyoufinfo.com/interview_access
Graphex Group: https://www.grfxinfo.com/interview_access
About The RedChip Money Report®
The RedChip Money Report® is produced by RedChip Companies Inc., an international Investor Relations and media firm with 30 years’ experience focused on Discovering Tomorrow’s Blue Chips Today™. “The RedChip Money Report®” delivers insightful commentary on small-cap investing, interviews with Wall Street analysts, financial book reviews, as well as featured interviews with executives of public companies.
About QYOU Media Inc.
One of the fastest growing creator-media companies, QYOU Media operates in India and the United States producing, distributing and monetizing content created by social media influencers and digital content stars. In India, under our flagship brand, The Q, we curate, produce and distribute premium content across television networks, VOD and OTT platforms, mobile phones, smart TV’s and app-based platforms. We now have numerous additional content destinations, apps and gaming platforms poised to engage the over 125 million Indian households we reach weekly. Our influencer marketing company, Chtrbox, has been a pioneer in India’s creator economy, leveraging data to connect brands to the right social media influencers. In the United States, we power major film studios, game publishers and brands to create content and market via creators and influencers. Founded and created by industry veterans from Lionsgate, MTV, Disney and Sony, QYOU Media’s millennial and Gen Z-focused content reaches more than one billion consumers around the world every month. Experience our work at www.qyoumedia.com, www.theq.tv and www.theqyou.com and www.chtrbox.com.
Join our shareholder chat group on Telegram: http://t.me/QYOUMedia.
About Graphex Group Limited
Graphex Group Limited is a multinational technology company focused on the development of technologies and products to enhance renewable energy, particularly the refining of natural spherical graphite, synthetic graphite, and graphene-related products – key components in EVs/Lithium-ion batteries as well as in other uses. Graphex has extensive commercial experience in the deep processing of graphite and producing battery grade graphite anode material. Current production is 10,000 tonnes per annum (tpa) with a current expansion underway to increase production to 30,000 tpa within the next 12 months. Graphex intends to further expand existing operations to 55,000 tpa over the next three years. Graphex is currently among the top suppliers of specialized graphite anode material to the EV and renewable energy industries and holds patents in areas including products, production methods, machinery design, and environmental protection. Graphex’s strategy is to expand its operations globally to support energy transition and electrification efforts worldwide. To learn more about Graphex, please visit www.graphexgroup.com.
About RedChip Companies
RedChip Companies, an Inc. 5000 company, is an international investor relations, media, and research firm focused on microcap and small-cap companies. For 30 years, RedChip has delivered concrete, measurable results for its clients. Our newsletter, the RedChip Money Report is delivered online weekly to 60,000 investors. RedChip has developed the most comprehensive service platform in the industry for microcap and small-cap companies. These services include the following: a worldwide distribution network for its stock research; retail and institutional roadshows in major U.S. cities; outbound marketing to stock brokers, RIAs, institutions, and family offices; a digital media investor relations platform that has generated millions of unique investor views; investor webinars and group calls; a television show, “The RedChip Money Report,” which airs weekly on Bloomberg US; TV commercials in local and national markets; corporate and product videos; website design; and traditional investor relation services, which include press release writing, development of investor presentations, quarterly conference call script writing, strategic consulting, capital raising, and more.
To learn more about RedChip’s products and services, please visit:
“Discovering Tomorrow’s Blue Chips Today”™
Contact:
Dave Gentry
RedChip Companies Inc.
1-800-RED-CHIP (733-2447)
Or 407-491-4498
info@redchip.com
SOURCE: RedChip
Graphex joins expert panelists from The Coretec Group and Blink Charging to discuss the challenges facing the EV landscape, the EV battery supply chain, and the need for continued improved battery technology.
ROYAL OAK, Mich., May 09, 2023–(BUSINESS WIRE)–Graphex Technologies LLC, a wholly owned U.S. subsidiary of Graphex Group Limited (NYSE American: GRFX | HKSE: 6128, collectively “Graphex”), a global leader in mid-stream processing of specialized natural graphite used for electric vehicle (EV) Lithium-ion (Li-ion) batteries, today announced it will participate in a virtual industry panel discussion hosted by Renewable Energy World, the premier source for the latest news in green energy and storage. The discussion, titled “Innovations in Battery Technology and Infrastructure Fueling the EV Revolution,” will feature industry leading players including those from The Coretec Group and Blink Charging.
The panel will focus on timely topics facing the electric vehicle industry, including the needs for a domestic supply chain of critical minerals, advancements in EV battery technology and establishing the country’s charging infrastructure. As an international technology company, Graphex is currently among the top 10 suppliers of specialized spherical graphite to the EV and renewable energy industries with a global expansion strategy that is aligned with energy transition and electrification efforts worldwide. The panel discussion will allow Graphex to share their deep expertise with those interested in learning more about the future holds for the EV industry.
Executives on the panel will include:
“With Graphex uniquely positioned for the electrification movement in mobility, we look forward to a lively discussion during the Renewable Energy World webcast. Critical minerals are often overlooked in conversations around the outlook of EV’s, but it’s necessary to address the supply picture for minerals such as natural graphite in North America which is marked by a significant shortfall in the availability of the necessary volume of graphite needed to meet projected demand,” said John DeMaio, CEO of Graphex Technologies. “Graphex’s proven mid-stream processing expertise is solving an industry wide supply-demand gap by delivering an end-to-end supply of graphite from mine to battery with facilities to be located in North America.”
The free, hour-long, online panel discussion will be held on Thursday, May 11, at 10:00am EST. Anyone interested in attending the virtual panel may register for it here. If interested, attending registrants can receive a certificate of attendance at the conclusion of the event. Additional questions about the style or subject matter of the discussion can be submitted here.
About Graphex:
Graphex Group Limited is a multinational technology company focused on the development of technologies and products to enhance renewable energy, particularly the refining of natural spherical graphite, synthetic graphite, and graphene-related products – key components in EVs/Lithium-ion batteries as well as in other uses. Graphex has extensive commercial experience in the deep processing of graphite and producing battery grade graphite anode material. Current production is 10,000 tonnes per annum (tpa) with a current expansion underway to increase production to 30,000 tpa within the next 12 months. Graphex intends to further expand existing operations to 55,000 tpa over the next three years. Graphex is currently among the top suppliers of specialized graphite anode material to the EV and renewable energy industries and holds patents in areas including products, production methods, machinery design, and environmental protection. Graphex’s strategy is to expand its operations globally to support energy transition and electrification efforts worldwide. To learn more about Graphex, please visit www.graphexgroup.com
About The Coretec Group:
The Coretec Group, Inc. is an Ann Arbor, Michigan-based developer of engineered silicon, working to improve lives and power the EV, cleantech, and emerging technology markets of tomorrow. The company’s current battery program is Endurion; the Coretec team is applying its expertise in silicon nanoparticles to develop silicon anodes for lithium-ion batteries in EVs that will charge faster and last longer than the current industry standard.
Additionally, Coretec is also utilizing its engineered silicon to develop a portfolio of energy-focused products, including solid-state lighting (LEDs), semiconductors, 3D volumetric displays and printable electronics. The Coretec Group’s groundbreaking work is revolutionizing the EV and energy storage markets and will continue to be a pioneer in this fast-paced industry. For more information, please visit thecoretecgroup.com.
About Blink Charging:
Blink Charging Co. BLNK, a leader in electric vehicle (EV) charging equipment, has deployed nearly 66,000 charging ports across 27 countries, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of Blink’s charging locations worldwide. Blink’s principal line of products and services includes the Blink EV charging network (“Blink Network”), EV charging equipment, EV charging services, and the products and services of recent acquisitions, including SemaConnect, Blue Corner, BlueLA and Envoy. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. With global EV purchases forecasted to half of passenger cars sold in the US by 2030, Blink has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs. For more information, please visit https://www.blinkcharging.com/.
.Forward Looking Statements
All statements contained in this presentation other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans and our objectives for future operations, are “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the safe harbor in Section 27A and 21E of the Securities Act of 1933 and the Securities Exchange act of 1934, respectively. You can identify some of these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely,” “potential,” “continue” or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. We have based these forward looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short term and long-term business operations and objectives, and financial needs. These forward looking statements involve various risks and uncertainties.
Information from third sources identified in this release are based on published reports for such information and we have assumed the accuracy of such reports without independent investigation or inquiry.
This communication is for informational purposes only and is neither an offer to sell nor a solicitation of an offer to purchase any securities of Graphex Group Limited, including but not limited to its American Depositary Shares.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230509005144/en/
Contacts
Corporate:
Graphex Group
info@graphexgroup.com
www.graphexgroup.com
Investor Relations:
RedChip Companies, Inc.
Todd McKnight
917 349-2175
todd@redchip.com
Public Relations:
FischTank PR
Graphex@fischtankpr.com
The international technology company executes on its plans to increase graphite production globally and to onshore mid-stream critical mineral supply chains, including its first production facility in North America
ROYAL OAK, Mich., February 23, 2023–(BUSINESS WIRE)–Graphex Technologies LLC, a wholly owned U.S. subsidiary of Graphex Group Limited (NYSE American: GRFX | HKSE: 6128, collectively “Graphex”), a global leader in mid-stream processing of specialized natural graphite used for electric vehicle (EV) Lithium-ion (Li-ion) batteries, today provided an update that reflects on milestones achieved and objectives for the year.
As an international technology company, Graphex is currently among the top 10 suppliers of specialized spherical graphite to the EV and renewable energy industries with a global expansion strategy that is aligned with energy transition and electrification efforts worldwide. As the projected demand for EVs and other sustainable energy solutions continue to grow, there is a correlated increase in demand for the critical minerals necessary to manufacture the Li-ion batteries that power them. Equally as important, the tremendous momentum to localize end-to-end processing and production capabilities into North America and to source materials from more user-friendly regions is at the highest intensity in decades. Call it onshoring, nearshoring, or friendshoring…Graphex is uniquely positioned to meet the need.
Since becoming listed on NYSE American in August 2022, Graphex has continued executing actions to achieve its business objectives, including:
“By diversifying upstream and expanding downstream, Graphex is uniquely positioned to seize the opportunity presented by the electrification movement in both mobility and energy storage,” said John DeMaio, CEO of Graphex Technologies. “Our decade of experience producing quality anode material at scale coupled with our agility to bring production facilities online quickly solves several hard problems facing the industry today. We believe that our measured and intelligent approach balances speed with caution, boldness with experience, and strategic investment with lean operations to provide short-term and long-term solutions to the industry as well as attractive returns for us and our shareholders. The further addition of our Strategic Advisory Committee is another exciting milestone that is expected to significantly accelerate our growth strategy.”
To learn more about Graphex, please visit www.graphexgroup.com
About Graphex
Graphex Group Limited is a Cayman Island company with principal and administrative offices in Hong Kong and subsidiary office in Royal Oak, MI. Graphex is a global leader in the industry focused on the development of technologies and products for the enhancement of renewable energy, particularly the enrichment of spherical graphite and graphene, key components for Electric Vehicle (EV) batteries, Lithium-ion batteries, and other use cases. Proficient in commercial deep processing of graphite, Graphex has been consistently producing over 10,000 metric tons of spherical graphite annually for over 9 years. With a strategy to expand its global operations to support energy transition and electrification efforts worldwide, Graphex Group is currently among the top suppliers of specialized spherical graphite to the EV and renewable energy industries and holds patents in areas including products, production methods, machinery design, and environmental protection.
Forward Looking Statements
All statements contained in this presentation other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans and our objectives for future operations, are “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the safe harbor in Section 27A and 21E of the Securities Act of 1933 and the Securities Exchange act of 1934, respectively. You can identify some of these forward looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely,” “potential,” “continue” or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. We have based these forward looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short term and long-term business operations and objectives, and financial needs. These forward looking statements involve various risks and uncertainties.
Information from third sources identified in this release are based on published reports for such information and we have assumed the accuracy of such reports without independent investigation or inquiry.
This communication is for informational purposes only and is neither an offer to sell nor a solicitation of an offer to purchase any securities of Graphex Group Limited, including but not limited to its American Depositary Shares.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230223005314/en/
Contacts
Corporate:
Graphex Group
info@graphexgroup.com
www.graphexgroup.com
Investor Relations:
RedChip Companies, Inc.
Todd McKnight
917 349-2175
todd@redchip.com
Public Relations:
FischTank PR
Graphex@fischtankpr.com
