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Graphene Manufacturing Group Ltd. (GMG) is a clean-technology company based in Brisbane, Queensland, Australia. The company focuses on offering energy-saving and energy storage solutions enabled by graphene, which is manufactured in-house via a proprietary production process. GMG's core business involves decomposing natural gas into its elements to produce high-quality, low-cost graphene suitable for various applications. The company is currently working on de-risking and developing commercial scale-up capabilities, securing market applications, and collaborating with the University of Queensland on graphene aluminum-ion batteries. GMG has recently received grants, awards, and recognition for its innovative products like THERMAL-XR® powered by GMG Graphene, which has shown significant improvements in energy efficiency and corrosion protection in various industries.
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Graphene Manufacturing Group (GMG) provides a business update on the commercialization progress of THERMAL-XR. GMG has received forward orders of over AU$400k for THERMAL-XR from distributors and customers worldwide. The product's initial launch is conditional on in-country approval. Negotiations with distributors and end-use customers for various applications are ongoing. Preparations for the 2024 product launch in the USA are advanced. A recent demonstration project in Texas achieved an estimated 36% energy savings.
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Graphene Manufacturing Group appoints Jack Perkowski as Chairman of the Board
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Graphene Manufacturing Group Ltd. announces details of its upcoming Annual Meeting of shareholders to be held virtually on November 27, 2023. Shareholders can participate online regardless of their location. Meeting materials will be mailed or sent electronically. Shareholders have multiple options to cast their vote ahead of the AGM. Registered holders and appointed proxyholders can vote and ask questions at the AGM by following the instructions in the Meeting Materials. Board appointments Emma FitzGerald, Guy Outen, and Robert Shewchuk are not standing for re-election. GMG has appointed Robert Galyen, Andrew Small, and Jack Perkowski to the board.
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Graphene Manufacturing Group Ltd. announces appointment of new CFO
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Graphene Manufacturing Group Ltd. (TSXV: GMG) opened the THERMAL-XR® Coating Blending Plant, representing a substantial investment in nanotechnology coating production. CEO Craig Nicol sees it as a significant milestone in achieving revenue from Energy Saving Products.
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Graphene Manufacturing Group Ltd. provides an update on its Graphene Aluminium-Ion Battery technology. They have made initial prototype pouch cells with a storage capacity of over 500 mAh. The next step is to optimize the assembly techniques to achieve repeatable storage capacity and pursue producing cells with a capacity of 1000 mAh by using automated equipment. The target is to achieve this by H1 2024 and produce at scale by H1 2025. The battery technology readiness level has progressed to Level 4. The company sees a broad range of applications for the battery. They have also provided performance data comparing their battery to lithium-ion batteries.
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Graphene Manufacturing Group Ltd. (TSXV:GMG) announces the appointment of Mr. Jack Perkowski to its board of directors.
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Graphene Manufacturing Group outlines important strategies for product commercialization, organic corporate growth, and product distribution. Thermal XR is in the final stage of commercialization, while G Lubricant and G+AI Battery are in product testing and development stages. The company plans to develop Energy Storage products and partner with Rio Tinto. The Channel Strategy includes selling products through industry segment distributors and co-branded products. GMG's critical objectives are to produce Graphene, generate revenue from Energy Savings Products, develop Next-Generation Battery, and enhance the supply chain and partnerships.
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Graphene Manufacturing Group Ltd. announces the commissioning of its graphene enhanced coating blending plant and laboratory facilities, enabling future service growth. The company has intensified sales activities resulting in distribution agreements in multiple countries. Forward sales orders have been received and requests for distributors are being assessed. The company is exploring potential applications in vehicle radiators, solar cells, and industrial sectors. A testing program with LNG producers is being developed.
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Graphene Manufacturing Group Ltd. (TSXV: GMG) has appointed Scott Richardson as Interim Chief Financial Officer (CFO) effective July 31, 2023. The search for a permanent CFO is progressing well. Andrew Small has also been appointed as a Director. GMG aims to achieve key milestones in the next 6 months, including ramping up TXR sales, meeting battery development milestones, and starting up new manufacturing and blending plants.
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FAQ
What is the current stock price of GRAPHENE MFG GROUP (GMGMF)?
The current stock price of GRAPHENE MFG GROUP (GMGMF) is $0.4559 as of December 20, 2024.
What is the market cap of GRAPHENE MFG GROUP (GMGMF)?
The market cap of GRAPHENE MFG GROUP (GMGMF) is approximately 40.8M.
What is Graphene Manufacturing Group Ltd. (GMG) focused on?
GMG focuses on offering energy-saving and energy storage solutions enabled by graphene, which is manufactured in-house via a proprietary production process.
Where is Graphene Manufacturing Group Ltd. (GMG) based?
GMG is based in Brisbane, Queensland, Australia.
What recent achievements has Graphene Manufacturing Group Ltd. (GMG) made?
GMG recently received grants, awards, and recognition for its innovative products like THERMAL-XR® powered by GMG Graphene.
What collaborations is Graphene Manufacturing Group Ltd. (GMG) involved in?
GMG is collaborating with the University of Queensland on graphene aluminum-ion batteries and has engaged with various industry partners for product testing and development.
How does THERMAL-XR® powered by GMG Graphene benefit industries?
THERMAL-XR® has shown improvements in energy efficiency and corrosion protection in industries such as data centers, HVACR, air conditioning systems, and more.
GRAPHENE MFG GROUP LTD
OTC:GMGMF
GMGMF Rankings
GMGMF Stock Data
40.78M
66.52M
18.15%
0.22%
Specialty Chemicals
Basic Materials
United States of America
Brisbane