First Graphite (ASX:FGR) talks graphene facility


by Jessica Amir

First Graphite (ASX:FGR) is an advanced materials company and we are developing high quality graphene manufacturing capabilities and intellectual property associated with the future applications of the graphene products.

We were pleased to announce on 12 July 2017 that we had been granted our works approval by the Department of Environment Regulation, which enables the construction of our commercial graphene production facility, to commence (at Henderson in Western Australia).

The company has sufficient cash to fund the construction of this development. We are in the enviable position of having a graphene production which is low cost, in terms of capital establishment and in operating cost. Construction tenders have been approved. Construction will be completed by the end of calendar year 2017. 

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.