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Graphene Manufacturing Group Ltd GMGMF


Primary Symbol: V.GMG Alternate Symbol(s):  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 waves1on Aug 11, 2022 5:28pm
201 Views
Post# 34889811

GMG to produce batteries by 2024 at pilot plant

GMG to produce batteries by 2024 at pilot plant
Definitely recommend reading (& sharing) the Australian Financial Review article if you haven't already: https://www.afr.com/companies/energy/the-battery-that-charges-70-times-faster-than-lithium-ion-20220808-p5b84s#:~:text=Brisbane%2Dbased%20Graphene%20Manufacturing%20Group,and%20better%20for%20the%20environment 

“This technology was only developed a year ago and we are already making batteries. There is no other company in the world doing what we’re doing,” Mr Nicol told The Australian Financial Review.
 
Solid emphasis on GMG's product advantages, the Rio Tinto partnership & the pilot plant which is expected to start producing graphene-ion batteries by 2024.

GMG's secret production process is significant as its competitors are still using the costly process of making graphene from graphite. Plus, it lists the benefits of GMG's G+Al batteries which charge 70 times faster, are longer lasting, better for the environment and are a near-to-zero emissions product.
 
“Higher power density is our real competitive advantage now. More power and for longer”
“The end game is we want to show we can make the best battery at the best price.”
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