Exactly right
@spid81
It is going to be logical to see it land before not after. Although it can be a bad move to hurry CSIRO !!!
Normally news of new partners leaks.
I am both impressed and annoyed that I have not found out who it is and what industry....
The announcement was both persuasive and compelling. For me it is no surprise he looked at our peers and chose FGR.
Why the secrecy ????
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News is coming and I think articles like this are giving us hints of what to expect going forwards...
First Graphene kicks-off production, asserts graphene revolution about to unfold
By
Lorna Nicholas
-
February 27, 2018
https://*********.com.au/first-graphene-kicks-off-production-asserts-graphene-revolution/
https://*********.com.au/wp-content/uploads/2018/02/First-Graphenes-ASX-FGR-high-grade-Sri-Lankan-Graphite-640x400.jpg
First Graphene's high grade Sri Lankan graphite.
First Graphene (ASX: FGR) has kicked off production at its commercial graphene facility in Western Australia, which the company states is a
“significant milestone” for the global graphene industry.
The company has been advancing its graphene production technology for three years. Until recently graphene has been uneconomic to produce in bulk, despite its advantageous features for numerous applications.
As one of the developer of one of the first commercial graphene productions facilities, First Graphene claims it is positioned at the
“cutting edge of the graphene revolution”.
“This commissioning of the commercial graphene facility is a significant milestone for First Graphene as it progresses towards being a world leader in the production of high-quality graphene,” First Graphene managing director Craig McGuckin said.
“When combined with the research and development the company is undertaking with three leading Australian universities, it provides many exciting prospects,” Mr McGuckin added.
According to First Graphene, until now reliable supplies of bulk graphene products to industry have been limited and this has prevented widespread uptake.
The company reported that hurdle has now been jumped with its recently commissioned graphene production facility, which is scalable to meet the needs of increasing market demand.
First Graphene reported the graphene market is projected to grow more than 60% annually, however, at this stage the market remains in embryonic stages.
To assist with global market expansion, First Graphene is in negotiations with potential customers across Australia, Europe and the United Stages and is shipping trial parcels of its product for testing in a range of applications including battery, concrete, fire retardants, paints and coatings and polymers.
What is graphene?
For those unfamiliar with the material, graphene is basically an atomic layer of graphite. It is also the strongest material discovered to-date.
Graphene is usually created from graphite via mechanical exfoliation, which can be time-consuming and costly.
However, numerous companies around the world are investigating commercially viable methods of producing the material due to its multiple beneficial features.
Graphene is around 40 times stronger than a diamond, but despite this, the material remains flexible, thin and light. It is also transparent and a better conductor of electricity than graphite.
Background to First Graphene’s operations
First Graphene least premises in WA to develop the facility last year.
Final construction work on the facility was completed recently with graphene production beginning yesterday.
An initial batch of First Graphene’s material was shipped to a US building material customer for trial in its cement products in late November. The sale resulted in further enquiries.
To ensure its graphene retains consistent quality, the company installed a laboratory on the premises for ongoing testing.
The graphene is made from the company’s stockpile of high grade Sri Lankan graphite.
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The industrialist I think has to be in these areas surely.....
battery, concrete, fire retardants, paints and coatings and polymers.
Kind Regards
DYOR!!!
