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About Graphene Manufacturing Group (GMG)
Graphene Manufacturing Group Ltd. (GMG) is a pioneering clean-technology company headquartered in Brisbane, Australia, specializing in the production and application of graphene. Utilizing a proprietary production process, GMG decomposes methane into its elemental components—graphene, hydrogen, and residual hydrocarbon gases—producing high-quality, low-cost, and scalable graphene suitable for diverse applications. This innovative approach results in graphene with minimal contaminants, making it ideal for clean-tech solutions.
Core Business Segments
1. Energy Savings: GMG focuses on enhancing energy efficiency through graphene-enabled products. Its flagship product, THERMAL-XR®, is a graphene-enhanced coating system designed to improve heat transfer and corrosion resistance in heating, ventilation, and air conditioning (HVAC) systems, as well as industrial equipment. The product has demonstrated significant energy savings and extended equipment lifespans. Additionally, GMG has developed G® Lubricant, a graphene-based additive that improves fuel efficiency in diesel and gasoline engines by reducing internal friction and wear.
2. Energy Storage: GMG is at the forefront of next-generation battery technology, collaborating with the University of Queensland to develop graphene aluminum-ion batteries (G+AI Batteries). These batteries offer ultra-high power density, faster charging times, and longer lifespans compared to traditional lithium-ion batteries, addressing critical needs in energy storage for industrial, automotive, and consumer applications.
3. Advanced Materials: GMG also produces graphene additive slurries, such as SUPER G®, which enhance the performance of lithium-ion batteries. This product has been validated by Oxford University for its superior conductivity and density, making it a valuable additive for battery manufacturers.
Proprietary Technology and Competitive Edge
GMG's proprietary methane decomposition process sets it apart in the graphene industry. This method not only ensures high-quality graphene but also aligns with sustainable practices by avoiding mining-based graphite extraction. The company's ability to produce 'tuneable' graphene tailored for specific applications enhances its versatility and market appeal.
Market Applications and Collaborations
GMG's products serve a wide range of industries, including HVAC, automotive, electronics, and energy storage. The company has established strategic partnerships with global manufacturers, distributors, and academic institutions. Notable collaborations include its work with Nu Calgon, a leading HVAC chemical provider in North America, and the Battery Innovation Center in Indiana, USA, to advance battery development.
Achievements and Industry Recognition
GMG's innovations have earned accolades, such as the 'Most Disruptive Technology Award' and 'Best Chance for Market Success Award' at the Data Center World Conference. Its products, including THERMAL-XR®, have undergone rigorous third-party testing, demonstrating exceptional performance in energy efficiency, corrosion resistance, and heat transfer.
Challenges and Focus Areas
While GMG faces challenges such as regulatory approvals and scaling production, its focus on research and development, supported by Australian government initiatives, positions it well for long-term growth. The company is actively expanding its market presence in North America, Asia, and Australia, targeting industries with high energy consumption and stringent efficiency requirements.
Conclusion
Graphene Manufacturing Group Ltd. represents a transformative force in the clean-technology sector, leveraging graphene's unique properties to deliver innovative solutions in energy savings and storage. With a robust pipeline of products, strategic partnerships, and a commitment to sustainability, GMG is poised to make a significant impact across multiple industries.
Graphene Manufacturing Group (TSXV: GMG) has provided a business update on its engagement with the Australian Federal Government. The company recently visited the Australian Parliament in Canberra, meeting with key government officials:
1. Honourable Senator Tim Ayres, Assistant Minister for Trade and Assistant Minister for a Future Made In Australia, to discuss GMG's battery manufacturing progress and potential support from Federal Government policies.
2. Speaker of the House of Representatives, Honourable Milton Dick, to share progress since his 2023 visit to GMG's facilities.
3. Queensland Senator Anthony Chisholm, updating on developments since his 2022 visit to GMG's facilities.
GMG's CEO, Craig Nicol, emphasized the company's ongoing engagement with government at all levels to align its energy-saving and storage products with government policies supporting the energy transition.
Graphene Manufacturing Group (TSXV: GMGMF) has provided an update on the commercialization of its THERMAL-XR® coating. The company has re-launched THERMAL-XR® ENHANCE, focusing on its heat transfer and corrosion protection capabilities for both new and existing HVAC equipment. GMG is conducting on-site testing with global Air Conditioning Manufacturers in China and the USA for potential factory implementation.
The company is also exploring new applications in industries such as LNG facilities, electronic products, and automotive markets. GMG is preparing to submit a Pre-Manufacture Notice (PMN) to the US EPA for approval to import and sell in the USA without volume or sector limitations. THERMAL-XR® has been named a finalist for the AIRAH Product of the Year award, to be announced on November 21, 2024.
Graphene Manufacturing Group (TSXV: GMG) has been recognized as one of the Most Innovative Companies in the Manufacturing & Consumer Goods category for 2024 by the Australian Financial Review. This prestigious annual list, now in its thirteenth year, celebrates Australian businesses challenging the status quo and ranks the most innovative organizations from Australia and New Zealand.
GMG's work in graphene production and product development has positioned the company at the forefront of this rapidly evolving field, enabling sustainable solutions in energy storage, electronics, and beyond. CEO Craig Nicol expressed honor in receiving this recognition, stating it validates their mission to harness graphene's unique properties for innovative products that can positively impact the world.
Chairman Jack Perkowski congratulated the team, acknowledging the company's innovative world-leading work.
Graphene Manufacturing Group (TSXV: GMG) has provided a quarterly update on its "at-the-market" (ATM) equity program. The program, launched on June 13, 2024, allows GMG to issue and sell up to $20,000,000 of its ordinary shares from treasury to the public. During the quarter ended September 30, 2024, the company issued 208,000 Ordinary Shares on the TSX Venture Exchange at an average price of C$0.6759 per share, generating gross proceeds of C$140,580.70. Commissions of C$4,217.42 were paid to Cantor Fitzgerald Canada , the agent for the ATM Program. The equity distribution agreement between GMG and the agent facilitates these transactions at the company's discretion.
Graphene Manufacturing Group (TSXV: GMG) has provided an update on its recently commissioned Modular Graphene Production Plant in Richlands, Australia. The plant, operational since December 2023, has exceeded expectations in both graphene production rate and quality. GMG has authorized AU$250,000 in capital expenditure for new quality assurance equipment, including a Raman Spectrometer and a Particle Size Analyzer. This investment aims to enhance the company's self-sufficiency in testing nanomaterials for its Graphene Aluminium Ion Battery and liquid graphene products, THERMAL-XR® and G® Lubricant. The production system utilizes GMG's innovative plasma technology, which creates high-quality graphene essential for the company's end products.
Graphene Manufacturing Group (TSXV: GMGMF) has provided an update on the commercialization of its THERMAL-XR® energy savings coating. Key points include:
1. GMG and Nu Calgon are preparing a Pre-Manufacture Notice (PMN) for EPA approval to import and sell in the USA, expected to be submitted by October.
2. The new PMN application is not by volume, application, or sector, unlike the previous Low Volume Exemption PMN.
3. Nu Calgon, GMG's North America Distribution Partner, has introduced Cool Worx Powered by GMG Graphene to the HVACR industry.
4. THERMAL-XR® demonstrated a 36.7% energy reduction in a trial on a 30-ton air-conditioning system.
5. GMG is engaging with global air conditioning, truck, and train manufacturers for production coating trials.
Graphene Manufacturing Group (TSXV: GMG) has announced several investor relations agreements to enhance its market presence. The company has entered into a 12-month service agreement with Proactive Investors North America Inc. for media services, including research reports and analyst videos, at a cost of US$25,000. This agreement is subject to TSXV approval. GMG is also extending its existing agreement with Focus Communications Investor Relations Inc. for an additional two years until July 1, 2026. Additionally, the company is continuing its issuer trading services agreement with Independent Trading Group, which automatically renews monthly. These strategic partnerships aim to boost GMG's investor relations outreach and market visibility.
Graphene Manufacturing Group (TSXV: GMGMF) has provided an update on its Graphene Aluminium-Ion Battery (G+AI Battery) development. The company is currently optimizing the pouch cell electrochemistry, a standard process in battery development. GMG previously achieved a 1000 mAh battery cell capacity in February 2024 and is confident in meeting its overall timeline on the battery cell roadmap.
The company follows a weekly 'Sprint' process for optimization, which includes making cells, testing performance, comparing results, reviewing options, and proposing new designs. GMG is also considering investing in an automated pouch cell battery pilot plant at its Richlands, Australia facility to produce cells for potential customer testing.
The G+AI Battery technology remains at Battery Technology Readiness Level 4. GMG sees a broad range of applications for its battery, with interest from global companies in various sectors. The company continues to work on improving performance metrics and moving towards commercialization.
Graphene Manufacturing Group (TSXV: GMG) announced that its THERMAL-XR® Powered by GMG Graphene coating won the Product Excellence HVAC Award at the ARBS Exhibition in Sydney, Australia, on May 29, 2024. The award recognizes innovations in air conditioning, refrigeration, and building services. The THERMAL-XR® Coating System enhances thermal conductivity and reduces power consumption, extending equipment life by protecting against corrosion. This achievement is endorsed by major HVAC industry associations and reflects GMG's progress in commercializing its product across various industries.
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