The innovative approach of marketing to bulk users has set FGR apart from all others. The ability of end users to manufacture graphene or graphene compounds (where other elements are inserted into the graphene), will be a huge incentive to use FGR high purity graphite.
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"Graphene production cell Following on from extensive bench scale test work undertaken by the University of Adelaide, FGR has constructed a prototype commercial scale production unit for graphene. This unit will be ready for commissioning by early August. The Company has finalised an agreement with Nagrom the Mineral Processor to house the cell at their premises in Perth and for Nagrom to operate the cell under strict confidential guidelines. Test work will be undertaken to confirm the scalability of the production process. As an integral part of this testing the Company expects there will be a period of optimisation prior to finalising the process for commercial application. First Graphite believes that the 250 litre production unit will give it a significant commercial advantage over any alternative method of producing bulk graphene. Rather than relying on a central processing facility from which graphene supplies would be transported, the technology may enable the location of production units in the facilities of the consuming industry for "just-in-time" production and delivery of pristine graphene, tailored to meet the specific requirements of each customer. Each unit could produce up to 5 tonnes p.a. of graphene at very low capital cost. Industry has not yet had access to bulk quantities of low cost graphene but that will change with the commissioning of this production unit. The Company will be able to supply graphene for research and development for large-scale applications, thereby accelerating market development. Having established the ability to produce graphene at very low cost, First Graphite is continuing its work at the University of Adelaide to identify commercial applications of graphene, thereby opening up new markets. The Company is at an advanced stage of marketing arrangements in preparation for having adequate raw material from which to produce high quality graphene. "
This alone is a game-changer.
FGR Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
