Wednesday, July 12, 2017

FGR granted Government Approvals for Commercial Graphene Facility in WA, Australia

FRG gets receipt of Government Approvals for Commercial Graphene Production Facility





Highlights

• Works Approval has been granted by the Department of Environment Regulation, enabling construction of a graphene production facility at Henderson to commence and be operational in Q4 of 2017.

• FGR will be the first ASX-listed company to attain a commercial graphene production capability.
• The production facility will be funded from existing cash
balances.
• Initial capacity will be in the order of 15 tonnes per annum of saleable graphene, based on a single shift operation, five days per week. Multiple shifts could escalate production rates to globally significant levels in the event suitable sales contracts are negotiated.


Works Approval

First Graphite (ASX: FGR) is pleased to advise it is now moving towards the construction of a commercial graphene production facility, having been granted a Works Approval by
the Department of Environment Regulation (DER) for its facility at Henderson, Western Australia.
The Works Approval results from the submission of an extensive application to the DER. FGR’s independent laboratory testing demonstrated the controls to be used resulted in minimal
emissions with these being significantly below the levels set by the regulations. These approvals also account for the necessary occupational health and safety controls.

Information source

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