Canada-based NanoXplore recently announced a positive feasibility study for its graphene production plant. The company said that the independent feasibility study highlighted several improvement as compared to the project’s preliminary economic assessment (PEA).

NanoXplore is planning to build a 10,000 metric ton/year graphene production plan, which is currently the largest in the world. NanoXplore plans to offer graphene for $10/kg (USD$8/kg) starting from Jan 2020 under the GrapheneBlack brand.

NanoXplore graphene sales targets are 2,000 metric tons at 2020, 5,000 metric tons at 2021 and 10,000 metric tons at 2021.

Soroush Nazarpour, president of NanoXplore, said in a press release that the findings are important for the company and the graphene market. “This upcoming 10,000 metric ton/year graphene production plant would be the largest of its kind in the world and would position NanoXplore as a leader in graphene market,” Nazarpour said in the statement.

According to design criteria as envisioned by the feasibility study, the plant would consist of five graphene production lines with each of them carrying a capacity of 2,000 metric ton/year. It was said that each of these lines would consist of four graphene production modules each with a capacity of 500 metric ton/year.

The company said that the first graphene production line would be constructed and commissioned by January 2020 followed by the rest of the lines a year later.