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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 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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Graphene Manufacturing Group Ltd. (TSXV: GMG) has signed a THERMAL-XR® distribution agreement with Nu-Calgon Wholesaler, Inc. to provide THERMAL-XR® to the HVAC-R markets in the United States, Mexico, Canada, and the Caribbean. GMG is in the process of obtaining USA EPA approval for THERMAL-XR® and is reviewing the requirements for Canada, Mexico, and the Caribbean countries. The partnership aims to increase revenue from Energy Savings solutions, with Nu-Calgon planning to launch the product through its existing distribution network in early 2024.
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Graphene Manufacturing Group Ltd. grants restricted share units to officers and discloses previously granted RSUs. The company enters into agreements to increase investor relations outreach.
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Graphene Manufacturing Group Ltd. (GMG) announces the appointment of Mr. Bob Galyen to its board of directors. Galyen brings global experience in the battery energy storage industry and will contribute to GMG's battery design and manufacturing efforts.
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Graphene Manufacturing Group Ltd. provides an update on relevant changes following the Battery Joint Development Agreement (JDA) with Rio Tinto and the growing sales of Energy Saving products. The company is focusing on pouch cell batteries based on customer feedback and aims to accelerate the battery's development with the help of key potential customer partners. The JDA with Rio Tinto provides a clear development roadmap and GMG expects to have a >25 Layer Pouch Cell Prototype by H1 2024. The company is aligning its organization to strengthen the battery deep science to product performance linkage and has commenced an executive search for a new Chief Financial Officer. Additional laboratory and office space has been secured to support ongoing battery development. The Phase 1 graphene manufacturing project is underway but completion is expected to be delayed until the second half of 2023.
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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 $0.434 as of October 15, 2024.
What is the market cap of GRAPHENE MFG GROUP (GMGMF)?
The market cap of GRAPHENE MFG GROUP (GMGMF) is approximately 44.8M.
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
44.81M
77.08M
18.2%
0.18%
Specialty Chemicals
Basic Materials
United States of America
Richlands