First Graphene Ltd (FGR) - Page 2

First Graphene has completed its first industrial-scale supply of its graphene-enhanced PureGRAPH 10 masterbatch for thermoplastic polyurethane (TPU) applications. The shipment included 500 kg and is destined for integration into safety-work boot soles by Southeast Asian manufacturer PT Alasmas Berkat Utama, in collaboration with compounder Duromer.

On 1 July 2025, the company disclosed two orders totaling approximately AUD 165,000 (around USD 110,000) of PureGRAPH product, including the TPU masterbatch for high-wear applications, and noted that volumes will begin to feed into FY26. According to the recent announcement, the masterbatch will help extend polymer durability in harsh operating conditions and integrate into existing thermoplastic production lines without requiring processing changes.

First Graphene has announced that a new waterproofing additive containing PureGRAPH® has been released to the South African cement and concrete market.

Initial orders for graphene enhanced waterproofing additives, containing the Company’s PureGRAPH® product, have been received by South African high performance construction chemicals producer Glade Chemicals Manufacturers CC. Glade is steadily supplying the graphene-enhanced waterproofing additive named KR2-Tech Dry commercially into the South African construction sector following trials conducted in 2024-25.

It was reported that Ireland-based Senergy recently released a range of products including on-roof solar thermal, integrated solar thermal and automotive technologies making use of First Graphene’s PureGRAPH materials. According to a recent statement by First Graphene, Senergy’s polymer heat exchange materials incorporate PureGRAPH.

First Graphene CEO Michael Bell said Senergy’s commercialization of several new material technologies represented “another demonstration of how our product can be used to improve performance across a range of applications. While the Senergy’s orderbook for PureGRAPH is not yet significant, their aspiration to rollout solar thermal technology to 250,000 homes means demand is set to lift.”

First Graphene has provided an update on its graphene-enhanced fire-retardant materials developed for construction and housing. Novel flame-resistant material containing PureGRAPH®, developed by strategic UK-based partner Vector Group, has been filed for patent in Europe, Asia and the United States.

Recent testing of the graphene-enhanced material has reportedly demonstrated excellent flame resistance and mechanical performance, showcasing the fundamental value of PureGRAPH® to the products. Results include a self-extinguishing rate of 100% in various formulations containing a range of
PureGRAPH® loadings, which is a significant improvement in performance compared to conventional non-halogenated materials.

First Graphene and Hazer Group have signed a nonbinding Memorandum of Understanding (MOU) under which they will collaborate to identify and assess applications where graphite produced via the proprietary Hazer® Process may offer technical and/or commercial advantages to First Graphene’s product lines.

The collaboration focuses on evaluating the suitability of Hazer graphite in First Graphene’s product development, aiming to support innovation and expand market opportunities for both parties. The parties intend to explore commercial options following assessment and testing in relation to supply and offtake agreements.

First Graphene has provided an update on its  financial and operational performance for the quarter ending 30 June 2025.

First Graphene reported a combined income for the June quarter of FY2025 of circa A$273,000 (almost US$177,000) - unaudited, comprised of ~A$145,000 (US$93,700) in graphene sales and ~A$128,000 (US$83,000) in paid development and grant-funded programs. The graphene sales revenue was primarily generated from the composites and polymer segments. This brings total income for FY2025 (unaudited) to more than A$1.2 million *us$776,000), covering topline graphene sales, development and grant-funded programs.

First Graphene (ASX:FGR) has updated that it is progressing on its HyPStore Project, reportedly valued at $3.72 million, aimed at developing advanced hydrogen storage tanks. Testing is now underway at the company’s research and development laboratory in Manchester, UK. The project seeks to commercialize lightweight, impermeable cryogenic tanks designed for the safe storage and transportation of liquid hydrogen, which offers higher energy density and easier handling compared to gaseous hydrogen. 

The Company has commenced testing graphene materials provided by Australia Sunlight Group to create a graphene-enhanced resin system. These materials will be evaluated against First Graphene’s PureGRAPH material. Incorporating graphene nanoplatelets into resin aims to create an impermeable tank by forming a protective barrier, which has previously demonstrated a reduction in hydrogen permeability by up to 48 times. The Tinius Olsen Universal Tester will measure material performance through various tests, including tensile, compressive, and flexural strength assessments.

First Graphene has secured an agreement to provide PureGRAPH® for the development of premium graphene enhanced safety boots with Indonesian manufacturer PT Alasmas Berkat Utama for its KRUSHERS® brand of industrial safety boots.

The exclusive deal is expected to result in the supply of approximately 2.5 tonnes of PureGRAPH® 10 masterbatch over the first two years for use in manufacturing industrial safety footwear. 

First Graphene has provided an update on its pathway to commercialization of graphene in the global cement and concrete industry. 

Pallets of PureGRAPH-CEM ahead of shipping to UK. Image by FGR

More than three tonnes of First Graphene’s dedicated PureGRAPH-CEM® product has arrived in the United Kingdom ahead of the next phase of trials with the nation’s largest cement producer, Breedon Group. The project will see the Company’s graphene used in a permanent real-world environment, which forms part of a major road infrastructure project in the UK. The graphene enhanced concrete is scheduled to be produced and poured in May.

First Graphene has successfully raised approximately AU$2.4 million (around US$1,526,000) through a placement, securing strong institutional support to accelerate its commercial pipeline and enhance revenue streams. 

This funding will enable the company to advance its commercial opportunities across multiple sectors, particularly in the cement and concrete industry, and expand its global distribution network.