- Talga Resources has executed a graphene joint development agreement with a Swedish-based sustainable packaging company
- Both companies will develop an improved technology that incorporates Talga's graphene product into sustainable, 'no-plastic' packaging
- Packaging is a high-volume application where graphene can make a material impact to performance and recycling
- Talga Resources' shares are up a healthy 10.2 per cent and trading at 54 cents apiece
Talga Resources has signed a deal with BillerudKorsnäs, a Swedish-based packaging company.
This agreement follows successful test work completed regarding Talga's graphene product, Talphene. Talphene was used in BillerudKorsnäs' fibre and board packaging products.
The test work was conducted under a letter of intent, signed by the parties in August 2018.
Graphene is a one-atom-thick sheet of carbon atoms. There are about three million layers of graphene in just one millimetre of graphite.
Graphene has become one of the most promising nano-materials because of its unique combination of properties. It's not only one of the thinnest but also one of the strongest materials. It conducts heat better than all other materials and is also a conductor of electricity.
Under the joint development agreement, Talga and BillerudKorsnäs will continue to develop an improved packaging technology that incorporates Talga's Talphene product into its Swedish partner's products.
BillerudKorsnäs provides sustainable packaging materials and solutions that challenge conventional packaging.
Incorporating Talphene into BillerudKorsnäs' packaging will enable a range of performance and eco-benefits such as replacing plastic packaging with natural fibres, amongst others.
"Packaging is a high volume application where graphene can make a material impact to performance, functionality and recycling," Talga Managing Director Mark Thompson said.
BillerudKorsnäs Executive Vice President of Innovation Dr Magnus Wikström is pleased to collaborate with Talga on a sustainable project agreement.
"Talga’s advanced solutions fit very well with BillerudKorsnäs’ vision of challenging conventional packaging for a sustainable future," Magnus said.
Talga Resources' shares are up a healthy 10.2 per cent and trading at 54 cents apiece as at 2:43 pm AEDT.