Leading Edge Materials has reported the signing of a non-binding Letter of Intent with Swedish company Graphmatech. The LOI defines a pathway to form a binding Joint Venture between the companies to produce graphene at Leading Edge Material's Woxna graphite mine.
Leading Edge Materials and Graphmatech have independently produced graphene as proof of concept from Woxna graphite. Following additional research, the Joint Venture envisages co-investment in the scale up of graphene production using Woxna graphite, to supply both Graphmatech and third parties should surplus material be available. It is anticipated that the Woxna mine site will be the operating location, using proprietary graphite pre-treatment and exfoliation technology from Graphmatech.