HEG Graphite Anode Manufacturing Facility Set for March 2027 Commissioning

HEG Limited has outlined significant progress in its expansion into advanced battery materials, confirming in its latest annual report that its wholly owned subsidiary, TACC Limited, is developing a graphite anode manufacturing facility with an annual production capacity of 20,000 tonnes. The company expects the project to be commissioned by March 2027. This investment represents an important milestone in HEG's long-term growth strategy, as it broadens its business beyond graphite electrodes and strengthens its presence in the rapidly expanding battery materials sector.

Graphite Anode Project Supports Long-Term Growth Strategy

The planned manufacturing facility is designed with an initial production capacity of 20,000 tonnes per year and serves as the foundation for HEG's broader ambitions in battery materials. According to the company's stated roadmap, the long-term objective is to increase total graphite anode manufacturing capacity to at least 60,000 tonnes by FY32. This phased expansion reflects HEG's strategy of establishing a stronger position in the battery supply chain while supporting future demand for advanced energy storage materials.

Corporate Demerger Planned Into Two Listed Businesses

Alongside its manufacturing expansion, HEG has initiated a corporate restructuring process by filing a composite scheme of arrangement with the NCLT. Subject to the required approvals, the proposal will separate the company into two independently listed entities, allowing each business to pursue dedicated growth strategies while providing greater operational focus.

Business Structure After Demerger

Following completion of the proposed restructuring, the existing graphite electrode operations will continue under HEG Graphite Limited. Meanwhile, the battery materials and graphite anode business will operate through HEG Greentech Limited. The planned separation aligns the company's traditional graphite operations and emerging battery materials business under distinct organizations to support their respective long-term development plans.

Frequently Asked Questions

When is the HEG graphite anode manufacturing facility expected to begin operations?
HEG Limited has stated that the graphite anode manufacturing facility being developed by its wholly owned subsidiary, TACC Limited, is targeted for commissioning by March 2027. The facility will initially produce 20,000 tonnes of graphite anodes annually and forms part of the company's long-term battery materials strategy. HEG also intends to expand total anode production capacity to at least 60,000 tonnes by FY32 as demand for battery materials continues to grow.

What is the purpose of HEG's proposed corporate demerger?
The proposed restructuring is intended to establish separate listed companies for HEG's graphite electrode operations and its battery materials business, enabling each to focus on independent growth opportunities. Under the scheme filed with the NCLT, HEG Graphite Limited will manage the graphite electrode business, while HEG Greentech Limited will oversee graphite anode materials. The arrangement is designed to create dedicated operational structures aligned with the strategic priorities of each business segment.