Argo Graphene Solutions Plans Chicago-Area Refinery Targeting 10t of Graphene a Quarter

Argo Graphene Solutions Corp. plans a Chicago-area graphene refinery targeting about 10 metric tonnes per quarter, with expansion to roughly 90t per quarter, TradingView reported on October 22, 2026. The company raised C$1.47 million in September 2026 to fund near-term buildout.

Argo Graphene's Chicago Refinery Targets and Tests

Argo Graphene Solutions is a Canadian publicly listed advanced materials company developing proprietary graphene dispersion additives for concrete, asphalt, cement, and agricultural applications, targeting construction and infrastructure markets across North America and select Asia-Pacific regions. The planned refinery's site is in final securing, according to the report. The company also reported preliminary positive dispersion and friction observations in graphene-enhanced lubricants, with dispersion measured in weeks. A graphene oxide dispersion line is put at about 30t per quarter at 20%.

Argo Graphene's Funding and STREAM Platform

Argo Graphene Solutions closed an exclusive 10-year worldwide license with Grapherry, Inc. for the STREAM graphene production platform and related IP in June 2026, with full ownership transferring upon milestone completion, according to akta.pro company records. The same records show the company closed an upsized non-brokered private placement in June 2026, issuing 1,154,220 units at CDN$0.55 for gross proceeds of CDN$634,821 to fund working capital and continued graphene product research and development. Total funding stands at $1.8 million, and the company is pre-revenue.

Argo Graphene's Financing and Board Additions

Argo Graphene Solutions increased its private placement from $1 million to $1.5 million in gross proceeds in September 2026, offering up to 1.875 million units at $0.80 each, Yahoo reported. AD HOC NEWS reported the same month that the company announced a private placement of 1.5 million CAD, up from 1.0 million, to fund its STREAM platform and a graphene refinery in Chicago, and appointed Dr. Said Al-Hallaj to its board. FinanzNachrichten.de reported on September 2, 2026, that Dr. Al-Hallaj joined the board with more than 25 years of experience in lithium-ion batteries, thermal battery management, and energy storage.

Argo Graphene's Next Steps on the Refinery

The refinery site is in final securing, and the company targets about 10 metric tonnes per quarter with expansion to roughly 90t per quarter.