Graphex Group
Graphex Group is a Hong Kong-listed (6128.HK) volume producer of purified spherical graphite for lithium-ion battery anodes used in electric vehicles, supplying ~5% of China's output with planned capacity expansion to North America, Europe, and Africa via technology licensing and joint ventures.
- Company typePublic
- Founded2010
- HeadquartersHong Kong, Hong Kong SAR China
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Graphex Group does
Graphex Group Limited is a Hong Kong-listed (6128.HK) volume producer of purified spherical graphite (SG) and coated spherical graphite (CSG), the principal anode materials used in lithium-ion batteries for electric vehicles. Originally incorporated in 2010 in the Cayman Islands as Earthasia International Holdings Limited with an urban ecology design business, the company rebranded and pivoted in 2021 to focus on battery-grade graphite processing. The company currently produces 10,000 metric tonnes per year of spherical graphite in China, representing approximately 5% of national output, with a stated roadmap to expand Chinese capacity to 40,000 tonnes per annum over three years. A secondary Eco Design division (Earthasia Design Group) continues to operate, focused on renewable-energy-themed urban landscape design, but the spherical graphite and graphene business is the operational and strategic core.
The company's value proposition rests on proprietary processing technology protected by 20 issued patents covering products, production methods, machinery design, and environmental protection, and on geographic proximity to the world's largest high-quality natural graphite source in China. Product specifications include fixed carbon content ≥99.95%, tap density of 0.95–1.0 g/ml, initial coulombic efficiency ≥90%, and particle size grades from 6µm to 30µm across SG8 through SG34 designations. Revenue is generated through two primary streams: direct sales of spherical graphite to lithium-ion battery anode manufacturers (hardware sales) and licensing of SG/CSG production technology to partners establishing regional production in North America, Europe, and Africa. The customer base is concentrated in EV battery manufacturers, with secondary exposure to consumer electronics (3C) and grid-scale renewable energy storage.
Graphex pursues a B2B enterprise field-sales motion, selling directly to EV battery and lithium-ion battery makers while concurrently building regional capacity through technology joint ventures. The company has announced a 150,000 square-foot graphite processing facility in Warren, Michigan (planned 15,000 tpa capacity, under joint venture with Emerald Energy Solutions), a battery anode material distribution partnership with a German partner (December 2021), and operations reaching the Middle East (UAE). Graphex is publicly listed on the Hong Kong Stock Exchange with principal offices in Hong Kong and Shanghai, a regional headquarters in Royal Oak, Michigan, and operations through wholly-owned subsidiary Graphex Technologies LLC in the United States. A proposed re-domiciliation from the Cayman Islands to Hong Kong was announced in May 2026.
Graphex Group firmographics
Firmographics- Name
- Graphex Group
- Legal name
- Graphex Group Limited
- Website
- https://graphexgroup.com
- Company type
- Public
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Graphex Group is a Hong Kong-listed (6128.HK) volume producer of purified spherical graphite for lithium-ion battery anodes used in electric vehicles, supplying ~5% of China's output with planned capacity expansion to North America, Europe, and Africa via technology licensing and joint ventures.
- Ownership category
- akta.pro rank
Graphex Group industry classification
Industry- Product category
- Battery Anode Materials
- NAICS
- Carbon and Graphite Product Manufacturing (335991)
- SIC
- Abrasive, Asbestos & Misc Nonmetallic Mineral Prods (3290)
- akta.pro primary industry
- Anode Materials Manufacturing (Graphite, Silicon, LTO) (EUAFABAC)
- akta.pro secondary industries
- Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA), Synthetic Graphite Feedstocks (Petroleum Needle Coke & Pitch) (IMAKAFAE)
Keywords
Where Graphex Group is headquartered
LocationHeadquarters
- HQ city
- Hong Kong
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices4 records
Markets served
Graphex Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Spherical Graphite Sales: Manufacturing and direct sales of purified spherical graphite to lithium-ion battery anode manufacturers for use in electric vehicles. Currently producing 10,000 metric tonnes per year with expansion plans to 40,000 tpa in China.
- Technology Licensing: Licensing of spherical graphite and coated spherical graphite production technology to partners in North America, Europe, and Africa through technology joint ventures.
- Synthetic Graphite Distribution: Global distribution of synthetic graphite through Asian partners for use in EV power batteries, energy storage, and electronics.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Graphex Group product offering
Product offeringCore offering
Graphex Group manufactures and sells purified spherical graphite and coated spherical graphite used as anode materials in lithium-ion batteries for electric vehicles, with current production capacity of 10,000 metric tonnes per year. The company also produces synthetic spherical graphite, high-purity graphite, and micronized graphite for various industrial applications, and licenses its production technology through joint ventures in North America, Europe, and Africa.
Product overview
Graphex Group is a volume producer of spherical graphite for Li-Ion battery anodes, operating as a single-product-focused company with complementary graphite derivatives. The core product line consists of Spherical Graphite (SG) in multiple grades (SG8 through SG34) and Coated Spherical Graphite (CSG) in grades CSG12 and CSG17, both essential anode materials for electric vehicle batteries. Supporting products include High Purity Graphite (HPG), Micronized Graphite, and Synthetic Spherical Graphite (SYN-11, SYN15) for various industrial applications. The company also operates an Eco Designs division (Earthasia Design Group) focused on urban development and renewable energy infrastructure. Current production capacity is 10,000 metric tonnes per year, with expansion plans to 20,000 tpa within 12 months and 40,000 tpa over three years.
Differentiator
Problem solved
Functional benefit
Brands
- Earthasia Design Group (EADG): Eco Design division focused on development and shaping of urban systems, natural ecologies, and public and private communities. Has designed 'recharge parks' that merge EV/device charging with architecturally designed landscapes.
Products and services
- Spherical Graphite (SG) Purified spherical graphite used to produce lithium-ion battery anodes for electric vehicles. Natural graphite flakes are processed into super-fine, high purity spherical particles available in sizes from 6µm to 30µm. Offered in multiple grades including SG8, SG10, SG12, SG16, SG17, SG18, SG22, and SG34 with varying particle size distributions, tap densities, and carbon content specifications.
- Coated Spherical Graphite (CSG) Spherical graphite further processed through pitch coating, carbonization, and demagnetization to enhance cycle rate for lithium-ion battery anodes. Available in grades CSG12 and CSG17, characterized by high specific capacity (360+ mAh/g) and high initial coulombic efficiency (92%+). Designed for lithium-ion battery anode manufacturers serving electric vehicle and energy storage markets.
- Synthetic Spherical Graphite Synthetic graphite made from fossil fuels including petroleum coke and coal-based needle coke, then crushed, graphitized, and demagnetized. Used in blends with coated spherical graphite for lithium-ion battery anodes. Available in grades SYN-11 and SYN15 for EV power batteries, energy storage, general purpose, and high-end electronics applications. Distributed globally through Asian partners.
- High Purity Graphite (HPG) High-purity graphite containing over 99.95% carbon with less than 0.2% moisture, featuring excellent electric and thermal conductivity, corrosion resistance, and superior chemical stability. Applications include magnesia carbon bricks, high grade refractories, stabilizers, carbon brushes, and fire-resistant composite materials.
- Micronized Graphite High quality micronized natural graphite with outstanding oxidation resistance under high temperatures, high lubricative and formability properties, good electric and thermal conductivity, and high adhesive properties. Applications include corrosion-resistant coating, lubricants, and other new composite materials.
- Eco Designs (Earthasia Design Group) Urban ecology and environmental design services provided through the Earthasia Design Group division, focused on the development and shaping of urban systems, natural ecologies, and public and private communities. Includes design of 'recharge parks' that merge EV/device charging with architecturally designed landscapes incorporating clean energy generation and advanced energy storage.
Quantifiable outcome
- 70kg of spherical graphite used per electric vehicle
- +2 more outcomes
Companies that use Graphex Group
Customer profileSegments3 records
Ideal customer profiles3 records
Graphex Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Graphex Group partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Emerald Energy Solutions LLC (EES)coreJoint venture between Graphex and EES to develop a 150,000 square-foot graphite processing facility in Warren, Michigan (Emerald Business Park). The facility will produce up to 15,000 metric tons per annum of coated purified spherical graphite for EV battery manufacturers. EES provides site infrastructure, construction expertise, and local knowledge. Expected to create approximately 125 jobs at full capacity.
- Graphex Technologies LLCcoreWholly-owned subsidiary of Graphex Group established in the United States to manage North American operations and the Warren, Michigan graphite processing facility.
Scale indicators6 records
Recent moves8 records
Expansion highlights7 records
Graphex Group competitors and assessment
Company assessmentDirect peers
- BTR New Material Group: China's largest battery anode materials producer, including spherical graphite. Directly competes with Graphex in supplying purified spherical graphite and coated spherical graphite to lithium-ion battery makers.
- Shanshan Corporation (Ningbo Shanshan): Major Chinese anode materials manufacturer producing both natural and artificial graphite anodes for EV batteries. Direct competitor in the spherical graphite supply chain serving lithium-ion cell makers.
- Putailai (Shanghai Putailai New Energy Technology): Leading Chinese supplier of anode materials including coated spherical graphite. Competes directly with Graphex in the EV battery anode supply market.
- POSCO Future M: South Korean producer of battery anode materials including synthetic and natural graphite. Competes with Graphex in supplying coated spherical graphite to global EV battery manufacturers.
- Imerys Graphite & Carbon: Global producer of natural graphite products including battery-grade spherical graphite under its Imerys Carbonates division. Direct competitor in supplying Li-ion battery anode materials.
Emerging players
- Syrah Resources: Australia-listed operator of the Vidalia natural graphite processing facility in Louisiana, producing battery-grade spherical graphite. Overlaps with Graphex in spherical graphite production and competes for US IRA-aligned customers.
- Nouveau Monde Graphite: Canadian developer of the Bécancour battery-grade spherical graphite facility targeting North American EV battery customers. Competes with Graphex for the localized North American graphite supply opportunity.
- Northern Graphite: Canadian graphite producer developing battery-grade spherical graphite production. Competes with Graphex for EV battery anode customers, particularly in North America.
- Talga Group: Swedish-Australian company developing graphite anode materials including coated spherical graphite for the European EV battery market. Competes with Graphex's Europe-focused licensing/JV strategy.
Broad incumbents
- Tokai Carbon: Japanese broad carbon and graphite products manufacturer including specialty graphite for batteries. Adjacent incumbent with overlapping products though broader industrial portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Graphex Group social profiles
Digital presenceGraphex Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Graphex Group leadership team
Management profileNumber of profiles
Profiles4 records
Graphex Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Graphex Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Graphex Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Graphex Group
What does Graphex Group do?
Graphex Group manufactures and sells purified spherical graphite and coated spherical graphite used as anode materials in lithium-ion batteries for electric vehicles, with current production capacity of 10,000 metric tonnes per year. The company also produces synthetic spherical graphite, high-purity graphite, and micronized graphite for various industrial applications, and licenses its production technology through joint ventures in North America, Europe, and Africa.
Is Graphex Group a public or private company?
Graphex Group is a public company. It is classified as public and is currently operating.
When was Graphex Group founded?
Graphex Group was founded in 2010. It employs 1 to 10 people.
Where is Graphex Group based?
Graphex Group is headquartered in Hong Kong, Hong Kong SAR China, in the Asia region.
How does Graphex Group make money?
Three revenue lines are on record. Spherical Graphite Sales are the primary driver. The others are technology Licensing and synthetic Graphite Distribution.
Who are Graphex Group's main competitors?
Direct peers on record are BTR New Material Group, Shanshan Corporation (Ningbo Shanshan), Putailai (Shanghai Putailai New Energy Technology), POSCO Future M and Imerys Graphite & Carbon. Emerging players are Syrah Resources, Nouveau Monde Graphite, Northern Graphite and Talga Group. Tokai Carbon is listed as a broad incumbent.
Does Graphex Group have an API?
No public API is recorded for Graphex Group.
What industry is Graphex Group in?
Graphex Group's product category is Battery Anode Materials. Its primary akta.pro industry code is EUAFABAC, Anode Materials Manufacturing (Graphite, Silicon, LTO), with a secondary code of EUAFABAA, Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite). Its NAICS code is 335991 and its SIC code is 3290.