First Graphene (ASX:FGR) is set for a promising FY2025 with a strong commercial outlook. The company is enhancing its global position through key initiatives, including finalizing full-scale production trials for its PureGRAPH-CEM® product with Breedon, the UK's leading cement producer, starting January 2025. These efforts highlight First Graphene's commitment to reinforcing its status as a top graphene supplier.
First Graphene (ASX:FGR) has laid out a strategic plan for FY2025 aimed at strengthening its market presence and expanding its product offerings. The company has a strong sales pipeline with multiple product launches anticipated in FY25/26. Financially, they expect forward-looking income of around A$2.5M from existing customer relationships and R&D incentives. Manufacturing advancements include a secure supply chain from Sri Lanka and scalable production capabilities. The company is expanding its global distribution network and focusing on the cement market with its PureGRAPH-CEM® product. R&D efforts are ongoing, supported by various grants, with projects like graphene-enhanced materials for hydrogen storage. First Graphene aims to accelerate opportunities in green-materials technology, aligning with sustainability goals and reducing carbon emissions.
The presentation highlighted key financial performances, manufacturing advancements, distribution network expansions, and R&D achievements, setting a robust foundation for future growth.