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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 SkywalkerofLukeon Mar 31, 2023 4:51pm
194 Views
Post# 35372794

Recent News on Development Center

Recent News on Development Center

The global #graphene battery market is estimated to rise in revenue from $142.5M in 2021 to $394.57M by 2027 at a CAGR of 18.50% according to Astute Analytica. Makes sense considering graphene batteries are safer and offer five times better energy density than standard Li-ion batteries.


GMG GMG.v earlier this month announced they began inspecting and testing partially automated cell assembly equipment at their development center.


The equipment will automate key steps in cell assembly for pouch cells to reduce manual processing and enable consistent and simple repeatable outputs - all of which are key in GMG taking the next steps of their battery development.


https://www.newsfilecorp.com/release/157337

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