CLQ HY: "The Consolidated Entity has continued to develop its...

CLQ HY:

"The Consolidated Entity has continued to develop its capability and knowledge during the period with a focus on graphene oxide and the Consolidated Entity’s CIF® technologies. The Consolidated Entity announced on 24 September 2018 its intention to create a joint venture company to pursue the development of graphene oxide membranes for water treatment applications, with Ionic Industries (‘Ionic’. The Consolidated Entity is to own 75% of this company, with Ionic owning the remaining 25%. The Consolidated Entity has been working with Ionic Industries and Monash University to develop, manufacture and apply graphene oxide membranes for water filtration applications, for the past 18 months. While graphene and graphene oxide are the world’s thinnest, strongest and most conductive materials yet discovered, with huge potential for industrial water filtration applications, difficulty in manufacturing processes and high production costs have to date severely limited their commercialisation. During this time, the Consolidated Entity and Ionic have successfully developed a process to manufacture high purity graphene oxide that can be applied to a membrane support to create a highly efficient graphene nanofiltration membrane (‘GO‑Membrane’. Significantly, the GO‑Membrane manufacturing process has been demonstrated on commercial scale industrial equipment. This joint venture company known as NematiQ Pty Ltd was established during the financial half‑year. NematiQ Pty Ltd will be based in and operate from premises adjacent to the Consolidated Entity’s existing facility in Notting Hill, Victoria. The forward work program for NematiQ is focused on refining the commercial production and technical specifications of the graphene oxide raw material, which is the filtration layer of the GO‑membrane. A demonstration plant for the manufacture of high purity graphene oxide will be designed and installed at NematiQ’s premises, with graphene oxide produced by the facility to be used for larger scale manufacture of graphene oxide membranes. Membranes produced during this time will be used for certification and in‑situ demonstration purposes."

https://hotcopper.com.au/threads/ann-half-year-accounts-december-2018.4647437/#post-37527495