Workflow
Energy Saving and Storage
icon
Search documents
GMG G-LUBRICANT Achieves 13.8% Fuel Saving in Major Australian Charity Rally
Newsfile· 2025-11-18 12:32
Core Insights - Graphene Manufacturing Group Ltd. (GMG) announced successful results from the G-LUBRICANT product demonstration during a charity car rally in Australia, showcasing significant fuel efficiency improvements [1][3][8] Product Performance - The Rally Car Team, using a Ford Falcon, achieved an average fuel consumption of 10.8 liters per 100 km before applying G-LUBRICANT, which improved to 9.3 liters per 100 km after application, representing a fuel efficiency improvement of 1.5 liters per 100 km or approximately 13.8% [2][3] - The team reported additional benefits such as reduced engine temperature and smoother engine operation, despite the car sustaining significant physical damage during the rally [4] Event Context - The Charity Rally covered a total distance of 3,850 kilometers, with a mix of sealed (2,000 km) and unsealed roads (1,850 km), aimed at raising funds for cancer research, with approximately $59 million raised over the past 15 years [7] Company Overview - GMG is an Australian clean-technology company focused on developing energy-saving and energy storage solutions using graphene produced through an in-house process [9] - The company is currently working on scaling up production capabilities and securing market applications for its products, including graphene-enhanced heating, ventilation, and air conditioning (HVAC-R) coatings, as well as graphene lubricant additives [10] Future Developments - GMG is collaborating with the University of Queensland to advance research and commercialization of graphene aluminium-ion batteries and has also developed a graphene additive slurry to enhance lithium-ion battery performance [11]
Graphene Manufacturing Group Ltd. Announces Upsize of Bought Deal Public Offering for Gross Proceeds of C$6 Million
Newsfile· 2025-08-21 11:15
Core Viewpoint - Graphene Manufacturing Group Ltd. has announced an increase in its bought deal public offering from approximately C$5 million to C$6 million due to strong investor demand [1][4]. Offering Details - The upsized offering will consist of 6,666,667 units priced at C$0.90 per unit, each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase one common share at a price of C$1.35 within 36 months after the closing date [2]. Underwriter and Over-Allotment Option - Red Cloud Securities Inc. is the sole underwriter and bookrunner for the offering [1]. - An over-allotment option has been granted to the underwriter, allowing the purchase of additional units up to 15% of the total sold, exercisable within 30 days post-closing [3]. Use of Proceeds - The net proceeds from the offering will be allocated to ongoing operations, including commercial development, product development, and working capital [4]. Regulatory and Closing Information - The offering is expected to close around September 3, 2025, pending necessary regulatory approvals [6]. - The company will file a prospectus supplement in connection with the offering, which will provide detailed information about the company and the offering [4][5]. Company Overview - Graphene Manufacturing Group Ltd. is an Australian clean-technology company focused on developing energy-saving and energy storage solutions using graphene produced through an in-house process [9]. - The company aims to de-risk and develop commercial scale-up capabilities while securing market applications for its products [10]. Product Focus - The company is currently focused on graphene-enhanced heating, ventilation, and air conditioning (HVAC-R) coatings and graphene lubricant additives for diesel engines [10]. - In the energy storage segment, GMG collaborates with the University of Queensland to develop graphene aluminium-ion batteries and improve lithium-ion battery performance [11].
Graphene Manufacturing Group Ltd. Announces Bought Public Offering of Units for Gross Proceeds of C$5 Million
Newsfile· 2025-08-20 11:54
Core Viewpoint - Graphene Manufacturing Group Ltd. has announced a bought public offering of units for gross proceeds of approximately C$5 million, with the offering expected to close around September 3, 2025 [1][7]. Offering Details - The offering consists of 5,555,556 units priced at C$0.90 per unit, each unit comprising one common share and one common share purchase warrant [1][2]. - Each warrant allows the holder to purchase one common share at a price of C$1.35 within 36 months after the closing date [2]. - The underwriter has an over-allotment option to purchase additional units up to 15% of the units sold to cover over-allotments [3]. Use of Proceeds - The net proceeds from the offering will be utilized for ongoing operations, including commercial development, product development, and working capital [4]. Regulatory and Filing Information - The company plans to file a prospectus supplement with Canadian securities regulatory authorities and may also sell units in the U.S. on a private placement basis [5][6]. - The offering is subject to necessary regulatory approvals, including the approval of the TSX Venture Exchange [7]. Company Overview - Graphene Manufacturing Group Ltd. is an Australian clean-technology company focused on developing energy-saving and energy storage solutions using graphene produced through an in-house process [10]. - The company aims to de-risk and develop commercial scale-up capabilities while securing market applications for its products [11].
GMG Commencing Sales of G(R) Lubricant and Advancing Regulatory Approvals
Newsfile· 2025-07-07 12:15
Core Viewpoint - Graphene Manufacturing Group Limited (GMG) has initiated sales of its G® Lubricant globally, targeting various markets including Australia, the UK, Europe, China, Canada, and the US, with plans for further distribution expansion [1][3][4]. Sales and Marketing Initiatives - GMG has begun direct sales and online sales for G® Lubricant, receiving formal requests for distribution in additional countries [1][3]. - The company is investing over AU$200,000 in promotional advertising in Australia, focusing on the trucking and transport industry through various media channels [6][8]. - GMG is also spending over AU$200,000 annually on online marketing campaigns targeting the truck market across platforms like Meta, Google, and LinkedIn [6][8]. Regulatory and Compliance Efforts - GMG is in the process of registering G® Lubricant with the European Chemicals Agency under the REACH regulation, which may take up to three months [4]. - The company is seeking assistance for obtaining USA EPA approval for G® Lubricant [4]. Product Development and Partnerships - GMG is exploring partnerships with large oil and gas companies and original equipment manufacturers to scale G® Lubricant [5]. - The lubricant is currently being tested in large truck fleets, with performance feedback expected in the coming months [5]. Company Overview and Objectives - GMG is an Australian clean-technology company focused on developing energy-saving and energy storage solutions using graphene [8][9]. - The company aims to de-risk and develop commercial scale-up capabilities while securing market applications for its products [9][10]. - GMG's critical business objectives include onboarding new sales team members, expanding G® Lubricant production, and managing packaging systems in line with sales growth [10].
GMG Announces Internal G(R) Lubricant Testing Results Showing 10% Fuel Savings and 33% Reduction in Particulate Emissions
Newsfile· 2025-05-27 12:15
Core Insights - Graphene Manufacturing Group Ltd. (GMG) announced internal testing results showing that the G® Lubricant can achieve a 10% increase in energy efficiency and a 33% reduction in particulate emissions when added to a Caterpillar 22 kVA diesel engine [1][2][14]. Testing Results - The G® Lubricant was tested on a diesel engine that was previously overheating under high loads, and the addition of the lubricant helped stabilize the engine's operation [2]. - The baseline engine efficiency was recorded at 3.04 kWh/litres, while the efficiency with G® Lubricant at 0.03% dosage reached 3.36 kWh/litres, indicating a 10% increase [5]. - Particulate matter emissions were reduced from 20.97 ppm (baseline) to 13.97 ppm (33% reduction) with the highest dosage of G® Lubricant [9]. Emission Data - Emission tests showed that the G® Lubricant did not significantly alter other exhaust emissions compared to the baseline, with CO, NO, and NOx levels remaining relatively stable [11][12]. - The testing was conducted under controlled conditions to ensure accuracy, with a focus on steady-state data [14]. Company Background - GMG is an Australian clean-technology company focused on developing energy-saving solutions using graphene, which is produced through an in-house process [16]. - The company aims to commercialize its G® Lubricant and other graphene-enhanced products, targeting the multi-trillion dollar liquid fuels industry [17][16].