GMG Approves AU$900k Early Works for 10TPA Graphene Plant Brisbane
GMG Approves AU$900k Early Works for 10TPA Graphene Plant Brisbane

GMG Approves AU$900k Early Works for 10TPA Graphene Plant Brisbane

News summary

Graphene Manufacturing Group Ltd (GMG) is advancing its graphene technologies with two major developments. The company approved an AU$900k investment for early works on a Gen 2.0 Graphene Manufacturing Technology plant in Queensland, Australia, expected to increase production efficiency by up to 20 times and reduce costs, targeting operation by mid-2026. Concurrently, GMG launched www.g-lubricant.com to directly market its G® Lubricant, a graphene liquid concentrate that improves fuel efficiency and reduces emissions in diesel and gasoline engines. Controlled tests verified by The University of Queensland demonstrated up to 8.4% fuel efficiency gains, with a recent test showing 13% improvement and a 27% reduction in NOx emissions. G® Lubricant is sold in various pack sizes and GMG is negotiating with distributors and original equipment manufacturers to expand global sales. Despite mixed financial performance and negative cash flow, the company’s innovations signal potential growth in clean technology and energy-saving solutions.

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