Ceylon Graphite acquires exclusive licence for high quality graphene production
(Kitco News) - Ceylon Graphite (TSX-V: CYL) said today that that it has acquired an exclusive global licence from Cambridge Advanced Materials & Innovation pertaining to a method of producing high quality few-layer graphene and derivatives by exfoliation of high-grade vein graphite produced by Ceylon Graphite.
The company explained that this is a low-energy process which results in high-yield, few layer graphene products. This industrial process is already fully designed for large volume production, and is scalable, with modules added as demand increases.
The company said that upon completion of the licence agreement, Ceylon Graphite has gained full access to all intellectual property surrounding the technology and know-how. Use of Ceylon’s high-grade feedstock material - vein graphite - leads to minimal to nil industrial waste during the production of graphene, the company noted.
Ceylon added that the combination of unique raw materials and eco-friendly, low-cost production process, places the company in a position to offer high quality graphene products at an attractive price.
CEO Don Baxter stated, "I am excited for Ceylon to have this technology. In the past talk of graphene has always been on a micro scale and issues around production of large quantities was always a hurdle to overcome. Ceylon has acquired an industrial scale process that will allow us to utilize graphene additives in commercial applications developed by Drs Siva and Mallika Bohm. The onset of the EV revolution has provided an opportunity for Ceylon to contribute in a meaningful way, through enhancements to the graphite anode in a lithium-ion battery."
Ceylon Graphite is in the business of graphite mining and developing and commercializing innovative graphene and graphite applications and products. The Government of Sri Lanka has granted the company an IML Category A license for its K1 mine and exploration rights in a land package of over 120km². These exploration grids (each one square kilometer in area) cover areas of historic graphite production from the early twentieth century and represent a majority of the known graphite occurrences in Sri Lanka.