Haydale Graphene Industries (LON:HAYD) Chief Executive Officer Ray Gibbs caught up with DirectorsTalk for an exclusive interview to discuss their collaboration with Telga Resources Ltd.
Q1: You’ve had a busy period just lately, in the last month alone you’ve had a reactor supply agreement with CPI, patent approval in China, a new office in South Korea, a new office in New York and now a collaboration with Telga Resources. Can you tell us why Telga Resources and how they’ll benefit Haydale?
A1: Telga have a bit of an odd collection here, they’re based in Perth in Western Australia but they’ve got a graphite mine in Sweden. We are always on the look-out for alternative sources of supply and we need to qualify those supplies. We’ve seen some very brief samples from Telga, they were keen on our functionalisation because they’ve got a process that claims to produce graphene nanaplatelets, these are the sort of like 50 layers of graphene sheets put together, and we’re in the business of putting our materials into the composite market and one of the things we keep getting asked is ‘what’s your second source of materials and have you got one?’ so we’re always on the look-out for second and third sources of materials to help with that supply chain. Telga, if we qualify their material, would and should be able to fit that bill.
Q2: Do you anticipate that Telga could become your primary supplier of graphene and other materials?
A2: I think if their material is very very good then we’ll put their material into some of our programs and indeed they’ve got a sales force that they want to push their material into the marketplace and we could become a supplier of functionalisation services for their material for their customers. So it works both ways and that’s the beauty of being in the middle of this exciting market.
Q3: In the recent RNS, it said that you anticipate the initial project to lead on to further projects with their associated revenue streams, can you elaborate on that for us?
A3: They’re all down to the fact that we’ve got a number of programs running at the moment, we need to qualify their materials as I said, we need to evaluate it, see what the functionalisation does to it and how good this material is. Telga are beginning to scale themselves up and of course, once they’ve got to that level, we’ll re-evaluate again. I think they’ve got a number of programs and people they’re talking to and I think there’s no doubt that we will be called in to help them with functionalisation of their materials on some of those too. So it’s going to take a little while but I’m anticipating some additional, further work from them and us the other way round in the near future.
