Updates on Graphex China Expansion Plan
Hong Kong, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Graphex Group Limited ("Graphex Group" or the "Company") (NYSE:GRFX, HKSE: 6128))) wishes to inform the shareholders and potential investors that the Company and Nanshu Town Government have intention of jointly working in the construction of the Phase 2 of graphite deep processing project ("Phase 2 Project") located in the graphite industry cluster area of Nanshu Town, Laixi City, Qingdao, Shandong, PRC ("Location"). The Phase 2 Project will implement manufacturing facilities that produce 20,000 tonnes of natural graphite anode material used in lithium-ion batteries and 100 tonnes of graphene oxide used as additives in battery systems to enhance
