Australia's Valence Industries signed an agreement with the University of Adelaide to establish a graphene research center in South Australia. Valence will fund the research program with 800,000 AUD ($740,000 USD) over 3.5 years.
The new research program has grown from work by Professor Dusan Losic and his team at the School of Engineering in the University of Adelaide. Professor Losic will continue to lead the research while Valence Industries aims to commercialize the products that result from that research.
The original research at Adelaide was on the production of graphene from unprocessed raw graphite (provided by Valence). Valence anticipates that they will manage to produce commercial quantities of graphene in 2014, and they will commence initial sales of graphene in the first half of 2014.
The University of Adelaide also has a graphene research program funded by Archer Exploration. This program focuses on commercial uses for the specific graphite and graphene types originating from Archer's deposits - especially in the agricultural and environmental markets.