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First Graphene Secures India and UAE Distribution Deal for PureGRAPH

Story Highlights
  • First Graphene signed a three-year deal with Syron to distribute PureGRAPH across India, SAARC nations and the UAE.
  • Agreement sets a ramp-up to 20 tonnes annually and opens potential for Indian manufacturing and long-term regional growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First Graphene Secures India and UAE Distribution Deal for PureGRAPH

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The latest announcement is out from First Graphene Ltd ( (AU:FGR) ).

First Graphene has signed a three-year distribution agreement and a memorandum of understanding with India-based Syron GreenThrust Dynamics to supply its PureGRAPH graphene products across India, SAARC nations and the UAE, opening access to some of the world’s largest and fastest-growing industrial markets. The deal sets a structured volume ramp-up from 0.25 tonnes in year one to 20 tonnes annually thereafter, with the achievement of 20 tonnes per year triggering an option to negotiate local manufacturing in India, positioning First Graphene for both near-term revenue and longer-term strategic growth in construction, energy, advanced composites and other industrial sectors across these new regions.

The most recent analyst rating on (AU:FGR) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on First Graphene Ltd stock, see the AU:FGR Stock Forecast page.

More about First Graphene Ltd

First Graphene Ltd is an Australia-listed advanced materials company that develops and supplies graphitic materials and product formulations, including its proprietary PureGRAPH graphene range. The company targets large, high-growth markets such as cement and concrete, composites and plastics, coatings, adhesives, sealants and elastomers, and energy storage, with a focus on improving industrial performance and helping reduce carbon dioxide emissions through enhanced material efficiency and durability. It operates a scalable manufacturing platform based on high-purity raw materials from its primary base near Perth, Western Australia, and supports global industry partners with R&D and commercialisation of sector-specific graphene-based solutions.

Average Trading Volume: 1,167,572

Technical Sentiment Signal: Buy

Current Market Cap: A$79.25M

Find detailed analytics on FGR stock on TipRanks’ Stock Analysis page.

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