Saint Jean Carbon Progressing on Development of Superconducting Graphene

Saint Jean Carbon Inc. (TSXV:SJL) announced that it’s completed an initial phase of R&D on the development of superconducting graphene. It has been able to produce graphene that “possibly may have magnetic properties,” which are needed if the material is to be used in superconducting applications.
As quoted in the press release:

This is believed to be a first. The encouraging result is just the very first step with many more tests to complete. Hopefully, this puts the project on the path towards the development of a low-temperature superconductor that leverages key properties of graphene.
Superconductivity is defined as a quantum mechanical phenomenon that offers the potential for zero electrical resistance. The ability to operate with no electrical resistance at or near room temperature holds significant potential in a wide range of product and technology applications. This include high-performance smart grids, electric power transmission, transformers, power storage devices, electric motors used in vehicle propulsion as in maglev trains, magnetic levitation devices, spintronic devices and superconducting magnetic refrigeration. Solving this puzzle; would have enormous technological importance.

Paul Ogilvie, CEO and director of Saint Jean Carbon, commented:

We believe our working relationship with the university teams is an excellent opportunity to leverage Saint Jean’s graphite experience and assets while simultaneously expanding our focus on critical new carbon-based 2 opportunities such as graphene superconductors. As one of the next steps in our go-forward plan is to quickly advance the product applications by working with a number of companies and potential strategic partners. Given the potential of graphene in everything from quantum computing to energy storage, Saint Jean has been encouraged by the breadth and depth of these preliminary discussions. As the work unfolds we look forward to keeping our shareholders actively informed on our continued efforts and results.

Click here to read the full Saint Jean Carbon Inc. (TSXV:SJL) press release.