FGR 2.78% 5.3¢ first graphene limited

Ann: Patented process converts petroleum feedstock to graphite, page-4

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    Ahem: and Twiggy (see green below):

    While petroleum feedstocks are typically associated with the release of carbon dioxide, as
    they are often combusted with oxygen to produce carbon dioxide by-products, this is not
    the case in Hydrodynamic Cavitation. The minimal net carbon footprint from this process
    is solely due to the electrical energy used for operation of the equipment, which ultimately
    could be provided from renewable sources.
    Products that include graphene, graphite, coated cathodes and functional graphene
    materials have been successfully created using test samples. These products are ideal for
    battery electrodes and are currently being tested in lithium-ion battery cells.
    First Graphene CEO Michael Bell said work is continuing to optimise the process with a view
    to demonstrating commercial viability.
    “With the rapid growth of the electric vehicle market, demand for graphite continues to
    grow, while demand for petroleum products for transport is forecast to decline. Natural
    graphite is listed as a critical raw material by the European Union, and routes to produce
    graphite from alternative sources with a low carbon dioxide footprint are particularly
    valuable. This process enables the large-scale manufacture of these critical raw materials
    from an alternative feedstock, and subsequently presents an exciting opportunity for the
    petroleum industry. Further to this, the primary by-product of this process is green
    hydrogen
    , creating further appeal to energy sectors.” Mr Bell said.
 
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