This one tick of approval could position First Graphene as a major graphene player
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Special Report: A tick of approval from the Australian chemical substances governing body is the next important step for First Graphene.
Advanced materials maker First Graphene (ASX:FGR) may be the first graphene entity in Australia to have its graphene product officially listed as an approved nano-material.
First Graphene has applied to have its PureGRAPH™ product listed on the Australian Inventory of Chemical Substances (AICS).
It is a crucial step for the company. Any business that hopes to produce, import or sell graphene in Australia must have this listing.
The company says it’s also a sign that it is willing to put in the hard yards to prove the quality of its products.
As part of the application process, First Graphene was required to provide the government body with detailed information on the product’s chemical characteristics, toxicology reports and relevant environmental information.
Approvals galore for First Graphene
The AICS application follows on the heels of approval First Graphene received in late January allowing the company to sell 10 tonnes of PureGRAPH™ a year in Europe.
It joined the Registration, Evaluation, Authorisation and Restriction of Chemicals or REACH Registration Consortium after it submitted a comprehensive dossier on its flagship product — which greatly advanced submission of the product here in Australia.
Managing director Craig McGuckin said his company was committed to ensuring it has all the requisite approvals.
“Other companies may not seek these registrations because they either don’t have the capacity that we do to produce or sell volumes of graphene, or the product they are selling isn’t graphene at all, but micronised graphite,” he said.
Being a first mover by seeking AICS listing early will provide the company with serious commercial advantages.
It is also the only Australian company registered for REACH in Europe and the UK.
“To the best of our knowledge, we are the first graphene entity in Australia to make application to NICNAS of graphene as a nano-material,” Mr McGuckin said.
An advantage of being a first mover is that once the new chemical is approved, it is kept confidential for the first five years – this is called the ‘non-listing period’ – and means First Graphene can import or manufacture the new chemical under this registration.
The company produces high-quality graphene from high-grade Sri Lankan vein graphite, branded as PureGRAPH™ and coming in differing thicknesses to suit a wide range of applications.
Graphene is a promising nano-material that can greatly ramp up the performance of a wide range of materials used in various industries, from something as basic as concrete through to batteries, elastomers, fire retardant paints, polymers and water filtration.