Australia's First Graphene jumps on U.K. patent for graphene technology

First Graphene

11/02/2022 04:54

** Shares of the graphene products maker  FGR.AX  jump as
much as 10.8% to A$0.205, their highest since Jan. 21 
    ** Co secures UK patent for coating anode particles with
graphene through its hydrodynamic cavitation process technology 
 urn:newsml:reuters.com:*:nASXbzvXHV
    ** Says technology can be used in energy storage devices as
it increases energy storage capacity as compared to conventional
graphite anodes 
    ** Shares on track for their biggest intraday pct gain since
Jan. 31 
    ** More than 2.2 mln shares change hands, compared with the
30-day average volume of ~473,200 shares  
    ** Stock down 11.9% this year, as of last close

 (Reporting by Roushni Nair in Bengluru)
 ((Roushni.Nair@thomsonreuters.com;))