ZEN gets $1m grant for graphene-enhanced concrete project
Canada’s ZEN Graphene Solutions (TSXV: ZEN) this week received a $1 million grant aimed at accelerating its graphene-enhanced concrete research and development project.
In a press release, the company said the grant will potentially help its experts achieve the goal of providing cement-based composite products to the Ontario market by early 2020.
“The grantor will reimburse 50% up to a maximum of $1,000,000 spent by ZEN on relevant expenses directly related to graphite purification, graphene production research, concrete additive research and large-scale graphene-enhanced concrete testing,” the media statement reads.
The graphene-enhanced concrete additive the firm is working on is a joint project with the University of Toronto and the University of British Columbia-Okanagan campus. The product is expected to increase the strength of concrete by 40% and it has the potential to reduce the amount of concrete required in a number of applications.
According to ZEN, the graphene additive could also make concrete more durable resulting in infrastructure that will resist cracking related to freeze-thaw cycles and salt corrosion, which are key attributes relevant to Canadian usage.
The graphene the company will be using comes from its Albany project, which is a microcrystalline graphite deposit near Thunder Bay, Ontario. ZEN said the material recovered from the site easily converts or exfoliates to graphene.