First Graphene files patent for hydrogen electrocatalysts process
First Graphene Ltd (ASX:FGR), an Australian supplier of graphene products with mines in Sri Lanka, today said it has filed a patent for a new manufacturing process to produce graphene enhanced materials for electrocatalysts used in hydrogen production.The process uses existing capital equipment to make new grades of metal oxide deposited graphene with cost-effective base metals such as cobalt, iron, nickel, zinc, aluminium, vanadium and copper. It can thus provide cost-effective graphene-based electrocatalysts for economic production of hydrogen, according to the announcement.“The electrocatalyst market is ever growing and I look forward to the commercialisation opportunities presented by this new process,” said First Graphene managing director and CEO Michael Bell.The company cited forecasts that the global electrocatalyst materials market will reach USD 1.2 billion (EUR 1.16bn) by 2030.The patent filing follows First Graphene’s announcement in March 2024 that it had completed a 12-month project in the UK to develop low-cost, high-performing electrocatalysts for hydrogen production. Electrocatalysts reduce the energy needed and speed up the rate of hydrogen and oxygen production when splitting water by electrolysis, the company explained. Current electrocatalysts typically use high-cost rare metals such as iridium and ruthenium.(USD 1 = EUR 0.972)
First Graphene Ltd (ASX:FGR), an Australian supplier of graphene products with mines in Sri Lanka, today said it has filed a patent for a new manufacturing process to produce graphene enhanced materials for electrocatalysts used in hydrogen production.
The process uses existing capital equipment to make new grades of metal oxide deposited graphene with cost-effective base metals such as cobalt, iron, nickel, zinc, aluminium, vanadium and copper. It can thus provide cost-effective graphene-based electrocatalysts for economic production of hydrogen, according to the announcement.
“The electrocatalyst market is ever growing and I look forward to the commercialisation opportunities presented by this new process,” said First Graphene managing director and CEO Michael Bell.
The company cited forecasts that the global electrocatalyst materials market will reach USD 1.2 billion (EUR 1.16bn) by 2030.
The patent filing follows First Graphene’s announcement in March 2024 that it had completed a 12-month project in the UK to develop low-cost, high-performing electrocatalysts for hydrogen production. Electrocatalysts reduce the energy needed and speed up the rate of hydrogen and oxygen production when splitting water by electrolysis, the company explained. Current electrocatalysts typically use high-cost rare metals such as iridium and ruthenium.
(USD 1 = EUR 0.972)
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