- Ceylon Graphite (CYL) has acquired an exclusive global license for vein graphite and graphene technologies
- The license pertains to a method of producing few-layer graphene and derivatives by exfoliating vein graphite
- Ceylon acquired the license from Cambridge Advanced Materials & Innovation
- The high-yield energy efficient technology leads to minimal to no industrial waste during graphene production
- Ceylon Graphite mines for graphite and develops graphite and graphene-based products
- Ceylon Graphite (CYL) is up by 2.50 per cent and is currently trading at $0.205 per share
Ceylon Graphite (CYL) has acquired an exclusive global license for vein graphite and graphene technologies.
The license, acquired from Cambridge Advanced Materials & Innovation, pertains to a method of producing few-layer graphene and derivatives by exfoliating vein graphite.
This scalable, energy efficient process results in high-yield few-layer graphene products with minimal to no industrial waste.
The technology, combined with unique raw materials, allows the company to offer high-quality graphene products at an attractive price.
Ceylon has gained full access to all intellectual property surrounding the technology.
Ceylon has also commenced its graphene product validation in a myriad of industrial applications. In particular, use of resultant graphene in silicon additive utilization technology for Li-ion batteries has been promising.
Don Baxter, Ceylon’s CEO, commented,
“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 mines for graphite and develops graphite and graphene-based products.
Ceylon Graphite (CYL) is up by 2.50 per cent and is currently trading at $0.205 per share as of 9:45 am ET.
