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First Graphene Ltd ( (AU:FGR) ) just unveiled an announcement.
First Graphene Limited is advancing its commercialization efforts for graphene-enhanced cement and concrete, with significant developments in the UK and South Africa. The company has initiated a major project with Breedon Group in the UK, where its PureGRAPH-CEM® product will be used in a road infrastructure project, aiming to validate industrial-scale results that showed a 16% increase in compressive strength. Additionally, trials in South Africa demonstrated a 33% reduction in permeability, showcasing the potential for longer-lasting concrete structures. These advancements highlight the growing interest and potential commercial opportunities for First Graphene’s products in the global cement industry.
More about First Graphene Ltd
First Graphene Limited operates in the advanced materials industry, focusing on the development and commercialization of graphene-enhanced products. The company is particularly engaged in the cement and concrete sector, aiming to enhance the durability and performance of construction materials with its PureGRAPH® products.
YTD Price Performance: 38.10%
Average Trading Volume: 305,056
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $21.78M
For detailed information about FGR stock, go to TipRanks’ Stock Analysis page.
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