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M2i Global to acquire Graphex's U.S. graphite anode assets and patents for North American production

Company Fundamentals
12 Nov 2026, 16:00 WIB
GlobeNewsWire
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Bullish
M2i Global to acquire Graphex's U.S. graphite anode assets and patents for North American production

M2i Global, Inc. has signed a definitive agreement to acquire Graphex Group Limited's U.S. graphite anode assets, including an exclusive license to 30 patents for natural graphite anode production in North America. This acquisition supports M2i's goal to build a resilient supply chain for critical minerals, addressing the U.S. reliance on overseas graphite processing. The deal includes a plant design with an annual capacity of 50,000 metric tons, enhancing domestic production capabilities for lithium-ion battery components. This move aligns with U.S. efforts to secure critical mineral resources for economic and national security.

M2i Global's acquisition of Graphex Technologies provides context for market activity in basic materials. For readers following this sector, here is Pluang's market snapshot as of Nov 12, 2026 20:21 WIB: Out of 83 priced US basic materials stocks, 15 rose and 66 fell. Notable movers include SVM at USD 8.96 with a 1-day change of -2.82% and a typical hold time on Pluang of 12 days, EQX at USD 10.50 down 2.78% with a 28-day hold time, and PAAS at USD 38.28 down 2.69%, with Pluang order activity showing 42% sell and 58% buy.

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