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Graphene Manufacturing Group Ltd V.GMG

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

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 StockHawk1on May 27, 2022 4:04pm
155 Views
Post# 34713296

$GMG & Rio Tinto to collaborate

$GMG & Rio Tinto to collaborate

The Australian battery storage developer Graphene Manufacturing Group Ltd. ($GMG.V $GMGMF) and Rio Tinto (one of the world's largest mining companies) will be collaborating.


The companies are partnering to support the development of $GMG's Graphene Aluminium-Ion batteries and work together on mining applications from $GMG's tech.


Specifically, $GMG & Rio Tinto will explore the use of energy-saving products in Rio Tinto's mining operations. 


Considering what a large and well-established company Rio Tinto is I think this partnership will be very good for $GMG and will hopefully help their Graphene A-I batteries through the development phase.


More here: 

https://www.miningmagazine.com/power-remote-power/news/1432558/gmg-secures-rio-tinto-battery-deal?fbclid=IwAR2FC81t-9dMTdSSm2K9IWC0zLndzvUArwdfgowCP3vBxpSAqeYWDrMU9V8


$GMG @ $3.32

MC $260.162M

 
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