The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • First Graphene (FGR) and newGen have received positive interim results for new bucket liners for the mining industry
  • The Armour-GRAPH liners are manufactured by newGen and integrate First Graphene’s PureGRAPH powder
  • The graphene powder enhances strength and it’s thought the powder will extend the service life of bucket liners
  • Following twelve weeks of use by an iron ore producer, the bucket liner showed less wear than a normal liner
  • The trial of the new product will continue for another twelve weeks
  • Shares in First Graphene are down 3.45 per cent, worth 14 cents apiece at market close

First Graphene (FGR) and newGen have received positive interim results for its new bucket liner from an iron ore producer.

The Armour-GRAPH bucket liners are manufactured by newGen and integrate First Graphene’s PureGRAPH product.

PureGRAPH is a graphene powder additive which enhances tensile and tear strength. In addition, it improves abrasion resistance.

For this reason, PureGRAPH is being trialed for its potential to extend the service life of several products used in the mining and quarry industries.

The Armour-GRAPH bucket liners showed less wear than normal bucket liners after an initial 12 weeks of use. The trial will continue for another twelve weeks.

“The trial being conducted by this major iron ore producer is typical of the large, real-life testing being undertaken by First Graphene’s customers,” said First Graphene Managing Director Craig McGuckin.

First Graphene and newGen are also using PureGRAPH in wear linings used in bucket wheels, pipe spools and conveyor applications in the mining industry.

Trials are planned to test additional products with a second iron ore producer.

First Graphene recently incorporated in the U.K and is a Tier 1 partner of the Graphene Engineering and Innovation Centre.

Company shares are trading 3.45 per cent lower on the ASX, worth 14 cents apiece at markets close.

FGR by the numbers
More From The Market Online
Image of a lithium brine project

Pantera begins drilling of maiden test well at Smackover

Pantera Minerals Ltd has commenced drilling of its first test well at the Smackover Lithium Brine…
The Market Online Video

Rick Rule looks ahead to U.S. election’s outcome and impact on energy

Rick Rule, president and CEO of Rule Investment Media, joins The Market Online in the above video to share his
Image representing the stock market

Yancoal Australia reports strong Q3 financials

Yancoal Australia (ASX:YAL) has reported strong Q3 financial results, revealing the company had a cash balance increase of $430...
Golden bars in a mine

Australian Gold and Copper reports high grade results at Achilles

Australian Gold and Copper (ASX:AGC) has reported high-grade results from its Achilles discovery in central NSW.