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Graphene Manufacturing Group Ltd V.GMG

Alternate Symbol(s):  V.GMG.W | V.GMG.W.A | GMGMF

Graphene Manufacturing Group Limited is a clean-technology company. The Company seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process. It has developed a proprietary production process to decompose natural gas (methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces scalable, tunable and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company focus to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, it has focused on graphene enhanced heating, ventilation, and air conditioning (HVAC-R) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, the Company and the University of Queensland are working to progress research and development and commercialization of G+AI batteries.


TSXV:GMG - Post by User

Post by waves1on Mar 06, 2023 3:35pm
174 Views
Post# 35322095

Initial factory acceptance testing of G+Al equipment!

Initial factory acceptance testing of G+Al equipment!
Solid progress report from Graphene Manufacturing Group ($GMG.v $GMGMF) today with the initial factory acceptance testing of GMG's semi automated prototype battery cell assembly equipment!

The equipment will automate "key steps in cell assembly for pouch cells to reduce manual processing and enable consistent and simple repeatable outputs.
 
Notably, this equipment is part of the additional capital expenditure approved by the GMG Board in December 2022 to "accelerate the progress of semi-automatic pouch cell prototype production in the BDC for customer trials and Graphene Aluminium Ion (G+AI) Battery cell development."
 "We anticipate this investment will significantly improve GMG's capability and flexibility to further develop GMG's G+AI Battery pouch prototypes in various sizes in a wider group of potential customers. We look forward to the prototype assembly equipment being operational by the end of 2023."
 
https://ca.finance.yahoo.com/news/gmg-announces-initial-factory-acceptance-123300471.html
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