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State: 17.08.2024 | 11PM
Mon, 21.10.2024       Graphite One Inc.
CA38871F1027

Execution of the Graphite One-Chenyu Agreements marks key step in providing the knowledge base for U.S. Anode Active Material ("AAM") manufacturing at G1's planned Ohio AAM facility

Leading AAM manufacturer grants exclusive license to the North American market

Graphite One announces grant of long-term incentive awards

VANCOUVER, BC, Oct. 21, 2024 /PRNewswire/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) ("Graphite One", "G1" or the "Company"), planning a complete domestic U.S. supply chain for advanced graphite materials, announced today that Graphite One Products Inc., an indirect, wholly owned subsidiary of G1 incorporated in Delaware, has signed a technology license agreement and a consulting agreement (collectively, the "Agreements") with Hunan Chenyu Fuji New Energy Technology Co. Ltd. ("Chenyu"), an Anode Active Material ("AAM") manufacturer headquartered in Changsha City, China that currently supplies qualified AAM to lithium-ion battery producers. The Agreements are an important milestone for G1 in bringing leading technology in AAM manufacturing to the U.S. domestic supply chain for battery materials.

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