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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 Aug 18, 2022 6:33pm
180 Views
Post# 34906105

GMG announces graphene manufacturing expansion project plan

GMG announces graphene manufacturing expansion project plan

Yesterday, Graphene Manufacturing Group (GMG.v) announced that it has finalized its phase 1 plan for its graphene manufacturing expansion project. 


As part of this plan, GMG will expand the total office and warehouse space to 3,500 m2 to accommodate new staff and expand graphene manufacturing capacity.


On the manufacturing side, GMG also plans to start using its proprietary graphene production technology with enhanced automation.


They will also be increasing the use of solar power at their facility which will allow it to have a largely self-sufficient electricity supply and also lower the company's carbon emissions.


GMG closed in the green again today @ $3.83, MC is 300.127M


https://graphenemg.com/gmg-expansion-project-graphene-manufacturing-batteries/

 
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