First Graphite Limited (ASX:FGR) is pleased to report on another significant quarter of development on multiple fronts for technology and mining activities.
Highlights
• Leased 960m2 premises to provide the Company with a dedicated facility in which to expand its graphene production and packaging.
• Optimisation of the Graphene Cell provided significant increases in capacity.
• Finalised agreements for the development of the BEST Battery, while increasing equity which can be earned in the global licence from 60%, to 70%.
• Commenced research and development with three university projects.
• First run-of-mine graphite hoisted to surface.
• Strategic marketing alliance with Traxys, covering graphite and graphene marketing.
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