GMG Approves AU$900k for Early Works for 10 Tonne per Annum Second Generation Technology Graphene Production Plant
Graphene Manufacturing Group (TSXV: GMG) has approved a AU$900k investment for early works on a new 10 tonne per annum Gen 2.0 Graphene Manufacturing Technology plant with an estimated total capital cost of AU$2.3 million. The plant, to be built at GMG's Richlands facility in Queensland, Australia, will utilize improved plasma technology expected to produce up to 20 times more production per unit than previous technology.
The Gen 2.0 Plant is scheduled to be operational by end of June 2026, initially limited to 1 tonne per annum production until packaging systems are upgraded. Key features include self-powered operation from renewable sources, energy storage, and hydrogen-enriched natural gas tail gas power generation. The technology improvements are expected to deliver reduced capital costs, lower production costs, and enhanced graphene quality.
Graphene Manufacturing Group (TSXV: GMG) ha approvato un investimento di 900.000 AU$ per i lavori preliminari di un nuovo impianto con tecnologia di produzione di grafene Gen 2.0 da 10 tonnellate all'anno, con un costo totale stimato di 2,3 milioni di AU$. L'impianto, che sarà costruito presso la struttura GMG di Richlands nel Queensland, Australia, utilizzerà una tecnologia al plasma migliorata, in grado di produrre fino a 20 volte di più per unità rispetto alla tecnologia precedente.
L'impianto Gen 2.0 è previsto essere operativo entro la fine di giugno 2026, con una produzione iniziale limitata a 1 tonnellata all'anno fino all'aggiornamento dei sistemi di confezionamento. Le caratteristiche principali includono operazione autonoma alimentata da fonti rinnovabili, stoccaggio di energia e generazione di energia da gas naturale arricchito con idrogeno. I miglioramenti tecnologici dovrebbero comportare costi di capitale ridotti, costi di produzione inferiori e una qualità del grafene migliorata.
Graphene Manufacturing Group (TSXV: GMG) ha aprobado una inversión de 900.000 AU$ para los trabajos iniciales de una nueva planta de tecnología de fabricación de grafeno Gen 2.0 con una capacidad de 10 toneladas anuales, con un costo total estimado de 2,3 millones de AU$. La planta, que se construirá en las instalaciones de GMG en Richlands, Queensland, Australia, utilizará una tecnología de plasma mejorada que se espera produzca hasta 20 veces más producción por unidad que la tecnología anterior.
Se espera que la planta Gen 2.0 esté operativa para finales de junio de 2026, inicialmente limitada a una producción de 1 tonelada anual hasta que se actualicen los sistemas de embalaje. Las características clave incluyen operación autosuficiente con fuentes renovables, almacenamiento de energía y generación de energía a partir de gas natural enriquecido con hidrógeno. Se espera que las mejoras tecnológicas reduzcan los costos de capital, los costos de producción y mejoren la calidad del grafeno.
Graphene Manufacturing Group (TSXV: GMG)는 연간 10톤 생산이 가능한 새로운 2세대 그래핀 제조 기술 공장의 초기 작업을 위해 90만 호주 달러의 투자를 승인했으며, 총 자본 비용은 약 230만 호주 달러로 추산됩니다. 이 공장은 호주 퀸즐랜드 리치랜즈에 위치한 GMG 시설에 건설되며, 이전 기술보다 단위당 최대 20배 더 많은 생산량을 기대할 수 있는 개선된 플라즈마 기술을 활용할 예정입니다.
2세대 공장은 2026년 6월 말까지 가동될 예정이며, 포장 시스템이 업그레이드될 때까지는 연간 1톤 생산으로 제한됩니다. 주요 특징으로는 재생 가능한 에너지원으로 자체 전력 운영, 에너지 저장, 수소가 첨가된 천연가스 배기가스 발전 등이 포함됩니다. 기술 개선으로 인해 자본 비용 절감, 생산 비용 감소, 그리고 향상된 그래핀 품질이 기대됩니다.
Graphene Manufacturing Group (TSXV : GMG) a approuvé un investissement de 900 000 AU$ pour les travaux préliminaires d'une nouvelle usine de technologie de fabrication de graphène Gen 2.0 d'une capacité de 10 tonnes par an, avec un coût total estimé à 2,3 millions AU$. L'usine, qui sera construite dans les installations de GMG à Richlands, Queensland, Australie, utilisera une technologie plasma améliorée, prévue pour produire jusqu'à 20 fois plus par unité que la technologie précédente.
L'usine Gen 2.0 devrait être opérationnelle d'ici fin juin 2026, avec une production initiale limitée à 1 tonne par an jusqu'à la mise à niveau des systèmes d'emballage. Les caractéristiques clés incluent un fonctionnement autonome à partir de sources renouvelables, le stockage d'énergie et la production d'électricité à partir de gaz naturel enrichi à l'hydrogène. Les améliorations technologiques devraient permettre de réduire les coûts d'investissement, les coûts de production et d'améliorer la qualité du graphène.
Graphene Manufacturing Group (TSXV: GMG) hat eine Investition von 900.000 AU$ für erste Arbeiten an einer neuen 10 Tonnen pro Jahr Gen 2.0 Graphen-Herstellungstechnologieanlage genehmigt, mit geschätzten Gesamtkapitalkosten von 2,3 Millionen AU$. Die Anlage, die am Standort von GMG in Richlands, Queensland, Australien, errichtet wird, nutzt verbesserte Plasmatechnologie, die voraussichtlich bis zu 20-mal mehr Produktion pro Einheit als die vorherige Technologie ermöglicht.
Die Gen 2.0 Anlage soll bis Ende Juni 2026 betriebsbereit sein, zunächst mit einer Produktion von 1 Tonne pro Jahr, bis die Verpackungssysteme aufgerüstet sind. Zu den Hauptmerkmalen gehören ein energieautarker Betrieb mit erneuerbaren Quellen, Energiespeicherung und Stromerzeugung aus wasserstoffangereichertem Erdgas-Abgas. Die technologischen Verbesserungen sollen geringere Kapitalkosten, niedrigere Produktionskosten und eine verbesserte Graphenqualität bieten.
- New Gen 2.0 technology offers 20x more production capacity per unit
- Substantial reduction expected in capital cost per tonne and cost of goods per kg
- Improved graphene quality with automated production for better reliability
- Plant will be largely self-powered through renewable sources and hydrogen
- Technology can be replicated in other locations, particularly North America with lower gas costs
- Initial production limited to 1 tonne per annum until packaging systems are upgraded
- Significant capital investment required (AU$2.3 million total cost)
- Plant won't be fully operational until June 2026
Brisbane, Queensland, Australia--(Newsfile Corp. - May 21, 2025) - Graphene Manufacturing Group Limited (TSXV: GMG) ("GMG" or the "Company") is pleased to announce that the board of directors of GMG have approved the investment of AU
The Gen 2.0 Plant will be built at the existing natural gas to graphene production plant at its manufacturing facility in Richlands, Queensland, Australia. The early works include the procurement of long lead items and commencement of engineering and design works.
The Gen 2.0 Plant is expected to be online by end of June 2026, with production limited to 1 tonne per annum until further work is completed on upgrading packaging systems expected shortly thereafter. The final project is expected to be largely self-powered from standalone energy generation from renewable sources, energy storage system and hydrogen enriched natural gas tail gas power generation. The final project is also expected to include a semi-autonomous bulk graphene packaging system.
Figure 1: GMG Headquarters Layout
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The Gen 2.0 Plant is based on the GMG plasma technology, Figure 2, with which the Company has been making graphene for over seven years. However, the Gen 2.0 Plant will utilize newly iterated technology which is expected to produce up to 20 times more production per unit than the previous technology. This new technology is expected to deliver:
- a substantial reduction in capital cost per tonne of production capacity
- a substantial reduction in cost of goods per kilogram produced
- an increase in quality of the graphene materials produced
Figure 2: Artistic Image of Natural Gas to Graphene Plasma
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The details of the proposed Gen 2.0 Plant are as follows:
- Technology is based on ongoing development of GMG's plasma technology which splits natural gas into graphene and hydrogen gas and captures the graphene nanoplatelets.
- Automation is expected to allow for repeatable graphene quality, high plant reliability and lower requirement for operator activities.
- The graphene production technology is expected to be able to make the different graphene required for GMG's end products - including THERMAL-XR®, G® LUBRICANT, SUPA G® and the Graphene Aluminium Ion Battery.
- This type of new technology production plant can be built in various locations around the world, for example in North America where natural gas cost is low and abundantly available, significantly reducing the cost of the graphene. At scale the GMG graphene production process will produce large amounts of hydrogen as well.
GMG's Managing Director and CEO, Craig Nicol, commented: "We are very excited to move ahead with our next generation technology for graphene production - it is a significant milestone for the company. We expect to see better quality graphene at even lower costs and much higher production rates."
GMG's Chairman and Director, Jack Perkowski, commented: "This is the next exciting step before we look to expand to likely North American based expansion plants - where "cookie-cutter" projects can be rolled out with only minor changes for production expansion with lower cost gas and other benefits being in the North American market."
About GMG:
GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.
The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.
In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.
GMG's 4 critical business objectives are:
- Produce Graphene and improve/scale cell production processes
- Build Revenue from Energy Savings Products
- Develop Next-Generation Battery
- Develop Supply Chain, Partners & Project Execution Capability
For further information please contact:
- Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
- Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, expectations for the graphene production capacity and timing of construction of the Gen 2.0 Plant, temporary production volumes pending upgrading packaging systems, the use and benefits of the new technology to be deployed at the Gen 2.0 Plant, including on production efficiency and end products, largely self-powered from standalone energy generation, the implications of automation at the Gen 2.0 Plant, the semi-autonomous bulk graphene packaging system, the mobility of this type of production plant and the ability to benefit from geographic natural gas price variability and expectations for better quality graphene, lower costs and higher production at the Gen 2.0 Plant.
Such forward-looking statements are based on a number of assumptions of management, including, without limitation that G Lubricant has the potential to optimize efficiency and power for stationary or mobile engines, that G Lubricant has the potential to reshape the future of the global liquid fuels industry, that GMG will commercialize and market G Lubricant, that the Company's patent applications will progress as anticipated, and that the potential market and revenue available for G Lubricant will be as currently forecasted. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that G Lubricant will not offer an innovative solution that optimizes efficiency and power for stationary or mobile engines, that G Lubricant will not reshape the future of the global liquid fuels industry, that GMG will commercialize and market G Lubricant as anticipated, that the Company's patent applications will not progress as currently anticipated, that the potential market and revenue available for the G Lubricant product is not as currently calculated, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at www.sedarplus.ca.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
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