Applied Graphene Materials has revealed plans for an initial public offering (IPO) to be held on the AIM in November.

The company, spun-out from Durham University in 2010, plans to use the funds to support the development of its process for the manufacture of high purity graphene. Applied has just completed the commissioning of its first commercial scale facility, and will use the financing to expand the plant’s capacity from one tonne of graphene to eight tonnes within 18 months.

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