Very nice close and was a leader today in the Graphite group. I have high expectations for FMS. Here's the advantage of Focus Metals; they will be in production within a year AND have a value added partnership with Grafoid, whom Focus will supply graphite to manufacture graphene.
Rudy Richman, director of business development at Focus Metals Inc. (TSXV: FMS,OTC Pink:FCSMF), a diversified Canadian miner, said his company and its 40 percent partner Grafoid Inc. will be ready to start a pilot graphene plant in two to three months. Focus will provide graphite to Grafoid, which will manufacture the graphene to ship to labs and companies involved in research and development.
Focus Metals’ cheap graphene intentions
“We can be in full production of larger quantities within a year,” Richman told Resource Investing News in an interview. “Grafoid believes the cost of graphene needs to come down drastically in order for its use to become ubiquitous in the marketplace and for applications to benefit from the science. We believe we have the process to do so.”
In March, Focus Metals announced the completion of a $500,000 loan to Grafoid in connection with Grafoid’s work in transforming graphite into graphene on a commercial scale, using primarily raw unprocessed graphite ore from Focus’ Lac Knife project.
At Graphene Supermarket, an online shop, a kilo of pristine graphene costs about $40,000. Richman explained that cheaper graphene, known as graphene oxide or reduced graphene oxide, is also being produced, but it is of a lesser quality that is not as conducive or strong as pristine graphene. Along with Grafoid, Focus has the know-how to create inexpensive, pristine graphene. “Our method is economically and ecologically viable. We are going to throw down the gauntlet for others to do the same.” He did not give details.
Graphene’s market potential could be huge, with applications for the material being announced nearly daily. It is expected to change semiconductors, LCD touch screens and monitors, transistors, energy storage, solar cells, and more. The graphite industry is excited about the future of the G-word, but questions still loom about its price.
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