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Graphjet Technology (the "Company") was honoured to receive the visit of management executives of a leading South Korean conglomerate, well-regarded globally in the steel and battery materials industry. The visit served as a meaningful step toward having the Company supply to one of the biggest conglomerates in Korea.
Established in 1968, the Korean group is an emerging leader in the battery materials industry. In 2024, it reported consolidated revenues of KRW 72.688 trillion (equivalent to USD 52.6 billion), operating profits of KRW 2.174 trillion (equivalent to USD 1.6 billion), and net profits of KRW 948 billion (equivalent to USD 683.2 million). The group has diversified into high-growth sectors, including lithium extraction, cathode/anode materials, and carbon-neutral technologies, driven by its strategic roadmap for energy transition and sustainability.
During the visit, the Company updated the Korean group on its latest developments and also discussed the potential supply of the Company's products to the Korean conglomerate. The discussion was centred around the Company's graphite material and in green materials, clean energy integration, and next-generation battery development.
Posted In: GTI
