Lithium-ion battery producer new facility
Firstly, Graphex Technologies, LLC, is a subsidiary of Graphex Group Limited. It is a global leader in the deep mid-stream processing of natural graphite in lithium-ion battery.
Secondly, the company announced that it selected the Emerald Business Park in the City of Warren; for the future site of a new 150,000 square-foot graphite processing facility.
In addition, the processing facility will manufacture in a joint venture between Graphex and EES. It is a team of lifelong Michiganders with a stellar reputation for specialized construction and power installation.
Also, the facility will bring about 125 new jobs at total capacity, get new technology to the area, and establish US-based processing of a critical mineral element to produce electric vehicle (EV) batteries.
“The city of Warren welcomes Graphex and looks forward to developing the new graphite processing facility within our automotive-centric city.”James R. Fouts, Mayor of Warren.
James R. Fouts, Mayor of Warren.
Battery production outlook
The EBP location features vital infrastructure that allows for a streamline construction schedule and a rapid transition into production.
It includes a newly installed 12-megawatt power substation on the property and vacant structures that revitalize and repurpose quickly.
In addition, the talent base, existing automotive supply chain infrastructure, available state and local support and available incentives; and proximity to customers at the heart of the automotive industry; helps to differentiate Michigan from competing regions.
Besides, Graphex plans that the facility will be capable of delivering up to 15,000 metric tons per annum of coated purified spherical graphite; and that it will be operational before the end of Q2 2023.
Coated purified spherical graphite is the predominant anode material for most Li-ion batteries used in EVs and renewable energy storage.
Also, the facility would provide timely and localized anode material production capabilities to supply major North American EV automakers, and EV battery manufacturers.
Moreover, it will deliver consistent, high-quality materials at scale, significantly mitigating some of the supply chain interruption concerns that have plagued the EV industry in the past.
This facility is the first of several that Graphex will construct in the US, Canada, and Europe for market conditions and commercial opportunities.
Finally, the processing and supply of coated purified spherical graphite will increase year over year to keep pace with the projected significant increase in demand for EVs worldwide.
Mayor of Warren.
“For decades, Warren has served as an integral location for the auto industry to fuel innovation and design and power new technologies. As the collective shift to electric vehicles occurs, Warren will once again serve as an essential region to meet the needs of industry leaders like Graphex.”
We recommend: Steel structure manufacturer, Gulf Island reports 4Q and 2021 Results. Read more.
The resurection of an industrial sector
Firstly, developing this initial US location is essential part of Graphex’s strategy for the global expansion; and diversification of its graphene production capabilities.
Also, the site bolsters work together with the recent announcements by the Biden-Harris Administration; those support the expansion of the domestic supply of critical minerals powering clean energy technologies.
With graphite, the company supports the demand for EV battery materials, especially as global supply chains are tense by the geopolitical situation.
Additionally, the facility will house production, storage, testing, and administrative offices; at a site that played a supporting role to the Michigan automotive dynasties for decades before falling into disrepair.
The site’s historical character as a 20th-century supplier to the automotive industry is meaningful and noteworthy to EES and Graphex.
“As lifelong residents of Southeast Michigan, this opportunity to complete the resurrection of this industrial site and to bring jobs back to Warren is extremely satisfying.”
David Halabu, Managing Partner of EES.
About Graphex Group
Graphex Group Limited is a Cayman Islands company with offices in Hong Kong and a subsidiary in Royal Oak, MI.
In addtion, the company is a global leader in the industry. It focuses on developing technologies and products for the enhancement of renewable energy; particularly the enrichment of spherical graphite and graphene, critical components for Electric Vehicle (EV) batteries, and lithium-ion batteries.
Finally, proficient in deep commercial graphite processing, Graphex is currently producing over 10,000 metric tons of spherical graphite annually.
For more information about Graphex Group, click here.
