Graphex technologies enters into mou with reforme group pty ltd to develop graphite manufacturing facilities in australia for mine-to-battery graphite supply to the ev industry

Royal oak, mich.--( business wire )--graphex technologies, llc, a wholly owned subsidiary of graphex group limited (collectively “graphex”) (nyse american: grfx | hkse: 6128) and a global leader in mid-stream processing of natural graphite for use in lithium-ion (li-ion) power batteries, announced today that it has entered into a non-binding memorandum of understanding (“mou”) with reforme group pty ltd (“reforme”), a private mining and development group involved in developing processing, to create a strategic alliance joint venture (jv) to provide key feedstock and critical minerals and processing technologies for the production of electric vehicle (ev) li-ion power batteries to the global ev industry.
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