New article highlights demand for GMG.v products. This article from OilPrice really highlights the potential for Graphene Manufacturing Group’s (TSXV: GMG) battery solutions.
GMG’s graphene aluminum-ion batteries boast over 3X energy density, making them a much more economical alternative to lithium batteries with respect to both size and weight. This represents a massive opportunity for GMG to capitalize on the rising demand for energy storage.
The company is currently in the process of expanding its warehouse facility to progress the production of its graphene pouch cell batteries. Pouch cells will enable GMG to market its batteries for commercial and industrial solutions. It will be a massive catalyst once the company announces it is ready to bring these to market.
GMG.v is currently trading at $2.96, valued at $234.07 million.
https://oilprice.com/Energy/Energy-General/The-World-Desperately-Needs-To-Invest-More-In-Battery-Storage.html