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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]
Former Premier of Queensland Takes Over Reins of Australian Battery Industry Association (AMBC) Cofounded by GMG's Managing Director
Newsfile· 2025-10-13 12:41
Core Insights - The Advanced Materials and Battery Council (AMBC) has appointed former Queensland Premier Annastacia Palaszczuk as its new Chair, aiming to drive national growth in Australia's advanced materials and battery value chain [2][5] - The leadership transition is expected to enhance industry collaboration, policy advancement, and support for investment and job creation across Australia [5][6] Group 1: Leadership Changes - Annastacia Palaszczuk has been appointed as Chair of AMBC, bringing extensive experience in policy delivery and industrial development [2] - Lynnard Cucksey has been appointed as interim CEO, focusing on collaboration and practical approaches to support AMBC members [5][6] - Outgoing Chair Craig Nicol expressed confidence in the new leadership team and highlighted the significant growth of Australia's advanced materials industry during his tenure [6] Group 2: AMBC's Objectives - AMBC aims to strengthen national capability and industry scale, supporting the entire value chain from upstream resources to end-of-life recovery [6] - The organization will focus on advancing priority policy settings to facilitate growth in the battery industry [5] Group 3: Company Overview - Graphene Manufacturing Group Ltd. (GMG) is a clean-technology company that develops energy-saving and energy storage solutions using proprietary graphene production processes [7] - GMG's current focus includes scaling up commercial capabilities and securing market applications for its products, such as graphene-enhanced HVAC coatings and lubricants [8][9] - The company is collaborating with the University of Queensland to develop graphene aluminium-ion batteries and improve lithium-ion battery performance [9]
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].