GMG plans Phase 1 expansion of graphene manufacturing facility to yield G+Al batteries

Graphene Manufacturing Group Ltd. (GMG) has announced with extreme pride that the company has put together a Final Investment Decision (FID) of AU$1.5 million approx. to expand Phase 1 of its graphene manufacturing project. The expansion plan consists of a consolidated lease of 5 years to extend the total office and warehouse area to 3,500 square metres.

The preliminary testing on the company's graphene aluminium-ion (G+Al) battery coin cell prototype gathered positive customer feedback. GMG's superlative graphene production process is also considered exceptional, boosting the company's spirit in commissioning the enhancement of its graphene producing facilities.

The existing company has a lease area of 2,000 square metres. In comparison, the auxiliary new office and warehouse will comprise 1,500 square metres of groundwork, providing proper accommodation to the newly employed staff and serving as a roof to the expanded graphene manufacturing capacity.

Among other organised methodologies housed at the plant will be GMG's flagship graphene production technology with augmented automation, an infrastructure corridor to permit quick evaluation of further graphene manufacturing capacity when the demand is high and a micro-grid with an attached energy storage unit to encourage better commercial electricity supply.

Wood engineering, the company's engineering consultancy board, will aid GMG with able engineers who will look after this project supplying adequate design reviews, safety and guidance.

The market stability in September 2021 prompted GMG to envision the expansion that is being covered now, only with the cost inclusions surrounding the relocation of all its existing graphene manufacturing capacities to its latest headquarters and Battery Development Centre (BDC) located in Brisbane, Australia.

The phase 1 expansion of the plant would be beneficial for the electronics sector as it would escalate the production of the company's energy-saving liquid graphene materials and graphene aluminium-ion battery coin cells. The estimated total investment is worth AU$1.5 million and will be fully authorised by the first half of 2023.

The Managing Director and CEO of GMG, Craig Nicol, exemplified: "Taking FID on this project is not only a reflection on the level of confidence we have in manufacturing high-quality graphene for our applications at scale, it's also a reflection of our confidence to commercialise energy savings and energy storage applications in the near term. It is very pleasing to see that we are now scaling up our graphene manufacturing capacity using the propriety process that we developed ourselves since 2017."

Once the company's G+AI batteries and the energy-saving liquid graphene products are heavily commercialised and accepted across the market, GMG will consider further expansions, making plans for another FID. At this moment, the newly extended part of the site is also wide enough to hold various such incorporations resulting in increased production.

GMG is about to utilise solar power or harvest energy and store it, which would make the availability of electricity for the enterprise widespread, ultimately curtailing carbon emissions.