First Graphite recently announced the receipt of government approvals for its planned commercial graphene production facility, which is aimed at being operational in Q4 of 2017. FGR said that the production facility will be funded from existing cash balances.

Initial capacity will reportedly be in the order of 20-25 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.

Earlier this month, FGR joined the Australian Research Council Research Hub for Graphene Enabled Industry Transformation (ARC Graphene Research Hub).