First Graphene Ltd (ASX:FGR, OTCQB:FGPHF) has signed a collaboration agreement with Mayur Resources to develop low-carbon cement products using PureGRAPH®-enhanced grinding aids and performance improvers.
The agreement marks another step forward in FGR’s strategy to assist the cement and concrete industries in achieving a 25% reduction in carbon emissions.
Currently, the sector accounts for about 8% of global carbon emissions, with clinker additives used to strengthen cement and concrete being the main culprits.
The agreement will cover three years of knowledge exchange through research and development work collaboration between the two companies.
“Mayur Resources is ideally placed”
“The agreement with Mayur Resources adds another important strategic partner to First Graphene’s portfolio of global collaborators seeking to assist the cement and concrete industries to achieve its carbon reduction goals,” First Graphene managing director and CEO Michael Bell said.
“First Graphene is implementing its go-to-market plan to become the world’s leading supplier of graphene-enhanced cement and concrete solutions and Mayur Resources is ideally placed to help the company increase traction in the Asia Pacific market.”
Each party will contribute scientific and industry knowledge at its own cost, with First Graphene providing access to its PureGRAPH® product range, formulation and dispersion process technologies.
Mayur Resources will take responsibility for manufacturing and supplying samples of cement clinker and other similar materials, consulting on cement materials optimisation and extensive laboratory trials.
The agreement can be terminated if either party fails to deliver on its obligations. There are no other material performance-based or contractual terms of the agreement or an assessment of economic impact at this stage.
“Strategically aligned opportunity”
Mayur Resources managing director Paul Mulder said: “The agreement with First Graphene presents a strategically aligned opportunity to partner with likeminded companies truly passionate about innovation and tomorrow technology.
“It targets the use of new additives in cement technology to increase performance and reduce carbon emission content from the final product.”
The ultimate goal of the collaboration is to jointly develop low-carbon cement for Papua New Guinea, Australia, and the broader Asia-Pacific cement markets using PureGRAPH®-enhanced cement additives.
Mayur Resources is engaged in developing Asia Pacific’s first carbon-neutral quicklime, clinker, and cement project for supply to these regions, targeting a much lower cost than Asian exporters.
About First Graphene
First Graphene is an advanced materials technology company developing solutions and products utilising Graphene technology.
FGR focuses on environmentally-friendly and energy-efficient solutions for its customers using its high performance PureGRAPH® range of graphene products, cutting edge research and development programs and its patented Hydrodynamic Cavitation technology.
It also has a robust manufacturing platform with an established 100 tonne/year graphene production capacity.
Another key focus of FGR is to enable a reduction of CO2 emissions from the cement and concrete industry by using PureGRAPH enhanced liquid cement grinding aids and concrete admixtures.
The company’s Hydrodynamic Cavitation technology is a game changer for the petroleum, hydrogen, graphite and battery anode industries as it provides the means to generate green hydrogen, high purity synthetic graphite and graphene coated silicon battery anodes by using standard petroleum feedstock and a simple green process technology.