Graphene Manufacturing Group Ltd GMGMF

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To that end, GMG continues to advance its Battery Development Roadmap, including:

• Further develop, engineer, design and test battery prototype components to achieve the user-required performance data for potentially either coin cell or pouch cell battery.
• Further design engineering and production testing of manufacturing systems to enable the manufacture of the prototypes in a semi or fully-automated process.
• Solidification of necessary supply agreements.
• Full constraints analysis of the existing building - ensuring existing warehouse and electricity supply are adequate for the final plant design and fit within the constraints of the development approval.
• Delivery of the Graphene Expansion Project and review of further expansion projects as required.
• Full battery prototype testing and quality assurance to international standards, regulations and approvals where required.
• Work towards securing battery sales agreements.
• An organisational team and financial funding requirements.

GMG's Managing Director and CEO, Craig Nicol, commented: "This is another milestone in the maturation of the Company.