Commercial Agreement with Talga Resources

RNS Number : 0658C

Haydale Graphene Industries PLC

17 January 2018

 

For immediate release

17 January 2018

Haydale Graphene Industries plc

('Haydale' or the 'Company')

Commercial Supply and Development Agreement with Talga Resources Ltd

Haydale, (AIM: HAYD) the global advanced materials group, notes the announcement made by ASX-listed Talga Resources Ltd this morning and confirms that the Company has entered into a commercial supply and development agreement (the 'Agreement') for the production, sales and marketing of jointly developed transparent conductive ink products using graphene for industrial applications in Asia.

The companies will look to enhance the properties of graphene transparent conductive ink for high speed "Roll to Roll" printing by using Talga's highly conductive graphitic materials.  The Agreement follows initial tests that demonstrated Talga material can enhance electrical conductivity of Haydale's transparent inks by 15% or more above that of synthetic graphite.

Commenting on the Agreement, Ray Gibbs, CEO of Haydale, said: "We have been working with Talga for some time (announced 9^th July 2015) and our initial test results on our patent-pending transparent conductive ink have been very positive. In November 2017, we announced the development of our PATit anti-counterfeiting technology utilising proprietary software codes and graphene-based ink formulation. This exclusive Agreement marks the next step in the commerialisation of that technology by creating the supply chain to enable the production of commercial quantities of our ink in order to meet the anticipated demand from enquiries received from Asia and the EU. The addition of a transparent conductive ink to our existing opaque conductive inks opens up a far more significant market opportunity for our technology."

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For further information:

Haydale Graphene Industries plc
Ray Gibbs, Chief Executive Officer	Tel: [phone]
Matt Wood, Finance Director	www.haydale.com
Trevor Phillips, Head of Communications
Arden Partners plc (Broker)
Ruari McGirr / Paul Shackleton / Ben Cryer	Tel: [phone]

Media enquiries:

Buchanan
Henry Harrison-Topham / Jamie Hooper / Gemma Mostyn-Owen	Tel: [phone]
[e-mail]	www.buchanan.uk.com

Notes to Editors

Haydale is a global technologies and materials group that facilitates the integration of graphene and other nanomaterials into the next generation of commercial technologies and industrial materials.  With expertise in graphene, silicon carbide and other nanomaterials, Haydale is able to deliver improvements in electrical, thermal and mechanical properties, as well as toughness.  Haydale has granted patents for its technologies in Europe, USA, Australia, Japan and China and operates from six sites in the UK, USA and the Far East.

For more information please visit: www.haydale.com 

Twitter: @haydalegraphene 

About Talga

Talga Resources Ltd ("Talga") (ASX: TLG) is a technology minerals company enabling stronger, lighter and more functional graphene and graphite enhanced products for the multi-billion dollar global coatings, battery, construction and carbon composites markets. Talga has significant advantages owing to 100% owned unique high grade conductive graphite deposits in Sweden, proprietary processing methods and applied graphene product technologies. Advanced product testing is underway with a range of international corporations including industrial conglomerate Chemetall (part of BASF), Heidelberg Cement, Haydale, Zinergy and Jena Batteries amongst others.

 

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