October 21, 2024
Vancouver, British Columbia – Graphite One Inc. (TSX‐V: 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.