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First Graphene wins A$35,000 repeat US defence order, plus first sales of new graphene oxide product.

Market News
10 Nov 2026, 01:50 WIB
PRNewsWire
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Bullish
First Graphene wins A$35,000 repeat US defence order, plus first sales of new graphene oxide product.

First Graphene secured a repeat order worth approximately A$35,000 from a longstanding US defence customer for graphene used in conductive inks, signaling growing demand and a strong foothold in the US defence market. Additionally, the company received its first commercial orders totaling around A$10,000 for a newly developed graphene oxide product aimed at consumer electronics and construction materials. These orders highlight First Graphene's expanding presence in the US and its ability to diversify products using cost-effective manufacturing processes. The company is poised to grow revenue from established defence applications while entering new markets with graphene oxide.

First Graphene's recent US defence and graphene oxide orders provide context for the Basic Materials sector's performance on Pluang as of Nov 10, 2026 05:02 WIB. Among 83 priced US stocks in this sector, 77 advanced while 6 declined. Notable movers include Hudbay Minerals Inc. (HBM) with a price of USD 22.75, up 8.80%, and Century Aluminum Company (CENX) at USD 36.38, up 8.69%.

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