Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF) has provided an update on its recently commissioned Modular Graphene Production Plant in Richlands, Australia, which has been producing graphene since its commissioning date in December 2023.
The company said its production unit’s performance has exceeded expectations for both graphene production rate and graphene quality.
It said it continues to carry out minor optimizations at the production plant which have increased production yield and graphene quality.
GMG has authorized an A$250,000 capital expenditure for new equipment for quality control of its graphene for its Graphene Aluminium Ion Battery and liquid graphene products THERMAL-XR and G Lubricant.
Equipment being procured includes a Raman Spectrometer and a Particle Size Analyzer, sophisticated analytical and characterization laboratory equipment which will be operated by GMG’s scientists and technicians.
Once this equipment has been procured, delivered, commissioned and is operational, the company highlighted that it will be largely self-sufficient for the testing of its nanomaterials.
"We are very excited to see the new modular plant exceed expectations in terms of graphene production and quality. The expansion of our graphene characterization equipment will also reduce learning loop times for optimization projects where we no longer have to wait for University equipment access,” GMG CEO Craig Nicol said in a statement.
“The graphene production system uses GMG's self-developed innovative plasma technology which creates the high-quality graphene GMG's end products need to deliver their notable benefits."
Jack Perkowski, GMG director, expressed his enthusiasm about the maturation of the company’s production technology.
“Ongoing graphene production and characterization developments will only support the company's ability to develop and provide its useful liquid graphene products and Graphene Aluminium Ion Battery,” Perkowski said.