Archer seals deal with FlexeGRAPH to develop graphite products

Published at Apr 12, 2018, in Mining

Archer Exploration Limited (ASX:AXE) today announced it has signed a Collaboration Agreement with Flex-G Pty. Ltd. (FlexeGRAPH) to jointly develop graphite and graphene based advanced materials for the thermal management of electric vehicle batteries, internal combustion engines, and high-performance computing systems.

The agreement stipulates advanced materials development, processing and evaluation and characterisation, and in particular focuses on the development of thermal management applications using materials from AXE’s Campoona project.

AXE’s main objective in brokering the deal is to commercially translate products and patents in areas relating to high volume and high value graphite-to-graphene development within the ‘reliable energy’ market.

As part of the joint work, AXE and FlexeGRAPH will prototype materials using Campoona graphite, and essentially develop new products to be sold through the Carbon Allotropes Marketplace.

It should be noted that AXE is an early stage play and anything can happen, so seek professional financial advice if considering this stock for your portfolio.

Archer CEO Mohammad Choucair commented: “This strategic relationship with FlexeGRAPH provides an opportunity for us to integrate our graphite materials with a clear view downstream connecting the sourcing, processing and use of graphite and graphene in high value systems including electrified vehicles and high-power computing.

“Together with FlexeGRAPH we have an opportunity to convert our high-volume Campoona graphite to high-value graphene materials that can impact the automotive and computing industries where thermal management and reliable energy is critical to their widespread use,” he said.

The two parties will develop materials from AXE’s graphite into components for integration in energy storage and computing systems, including conventional thermodynamic systems such as internal combustion engines through to advanced devices — such as electric vehicle batteries and high-performance computers.

In looking to bring these products to market, AXE will test both raw and processed materials to verify the quality and performance parameters.

Subsequently, raw and processed materials as well as products developed by the FlexeGRAPH-Archer collaboration and/or developed independently by FlexeGRAPH, will be listed on the Carbon Allotropes on-line marketplace (www.market.carbonallotropes.com), providing an e-commerce pathway to market.

two men CEO companies

Archer CEO Dr Mohammad Choucair and FlexeGRAPH Founder and CTO Dr Shannon Notley.

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of Longhou Capital Markets Pty Ltd (AFSL No. 292464). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Facebook
Twitter
Google Plus
LinkedIn