RS Mines logoIn June 2014, we reported that Bora Bora Resources agreed to acquire up to 40% in Sri Lanka's RS Mines - a graphite miner and graphene oxide producer. Today RS Mines told us that that agreement was terminated (by RS Mines).

RS Mines plans to list on the Australian Stock Exchange directly (via a new company called Global Graphene Technologies). The listing will facilitate the development of the graphite resource (the Queen's Mine) in Sri Lanka - and also to initiate several graphene and graphite-related subsidiaries - mainly in the fields of energy storage devices and GO production.

RS Mines also updated us on current graphene oxide developments. The company established a joint collaboration with Toyota Technological Institute in Japan for energy storage applications. RS Mines also confirms it is working with several companies (including 2D Tech, Zap&Go, McGill University, Graphitene and Graphenest) - supplying GO for early testing or in co-development efforts.

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