Graphene firm upbeat after float

Applied Graphene Minerals yesterday posted wider losses in its first results since listing on London’s junior stock market but was upbeat about its future. The firm, which is researching commercial uses of graphene, said it lost £1.2m before tax, though the recent float has left it with nearly £10m in the bank. Chief executive Jon Mabitt said the company is “is now putting in place the building blocks to help us realise the potential of the business”.