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 is a senior finance journalist and presents the Market Outlook, Market at Midday and Market Wrap. She also presents ASX company news and interviews CEOs. She joined FNN in January 2017 with six years of broadcast journalism experience. She worked as a journalist and producer with Sky News Business, ABC 1, ABC's The Business and ABC24. She also worked in regional Australia for Prime 7 and WIN News as a TV reporter. In her prior life she worked as a financial planner.