Graphjet Technology announced that new equipment and machinery are expected to arrive in Malaysia by the end of the week, as part of the company’s broader expansion plan. This new machinery is designed to significantly enhance Graphjet's production capabilities.
The new equipment is projected to increase the company's production capacity by approximately seven times compared to existing machinery. It also features better specifications that will improve both the quantity and quality of graphite produced.
This capacity expansion is crucial for Graphjet to cater to growing customer demand for its environmentally friendly graphite, particularly for the stringent requirements of the EV battery and semiconductor industries. The company also noted it has begun generating revenue from product sales.
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