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Graphene Manufacturing Group Ltd V.GMG

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

Industrials
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

Graphene Manufacturing Group Ltd
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Post by partystockeron Aug 14, 2022 9:33pm
204 Views
Post# 34895633

GMG.v closes +9% on Friday.

GMG.v closes +9% on Friday.

Graphene Manufacturing Group (TSXV: GMG) saw some solid trading to end off the week. Share price was up a 9% at market close on Friday. 


GMG is currently in the process of bringing its graphene aluminum ion (G+AI) batteries to the commercial market with the development of pouch cells. This will allow the company’s batteries to be used in a variety of applications, including EVs. 


G+AI batteries boast over 3x energy density compared to lithium alternatives. This means the batteries are much lighter, and makes them ideal for a variety of energy storage solutions. 


I’m expecting announcements regarding pouch cell production to be a huge catalyst for GMG going forward. 


GMG.v is currently trading at $3.81, valued at $300.19 million. 


https://ceo.ca/@newsfile/gmg-commissions-gai-pouch-cell-equipment-and-manufactures

 
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