BRISBANE, QUEENSLAND, AUSTRALIA – Might 11, 2021 – Graphene Manufacturing Group Ltd. (TSX-V: GMG) (“GMG” or the “Firm”) is happy to share the preliminary efficiency knowledge when examined in coin cells for the patent-pending floor perforation of graphene in aluminium-ion batteries developed by the Firm and the College of Queensland (“UQ”). The experiments had been carried out on the Australian Institute for Bioengineering and Nanotechnology (“AIBN”) at UQ. Preliminary efficiency knowledge is introduced under. Presently, GMG Graphene is being used to supply coin cell prototypes for buyer testing in This fall 2021.
|Battery Expertise||Electrode Supplies||Power Density (Wh/kg)||Energy Density (W/kg)||Calculated Time to Totally Cost Common Telephone Battery (minutes)|
|Taiwan/Stanford US1||Pure graphite/Aluminium||~68.7||~41.1||~60-110|
|Stanford US2||CVD graphitic foam/Aluminium||40||~3000||1 – 5|
|GMG+UQ3||GMG+UQ Graphene/Aluminium||150-160||~7000||1 – 5|
Supply: 1. Hongjie Dai, Nat. Commun., 2017, 8:14283 2. Hongjie Dai, Nature, 2015, 520, 325, and three. College of Queensland testing knowledge.
GMG introduced lately the execution of a analysis settlement with UQ’s AIBN to develop graphene aluminium-ion batteries (please check with the Firm’s Information Launch dated April 22, 2021, for additional particulars). Below the settlement, GMG will manufacture business battery prototypes for watches, telephones, laptops, electrical autos and grid storage with expertise developed at UQ. GMG has additionally signed a license settlement with Uniquest, the College of Queensland commercialisation firm, which supplies GMG an unique license of the expertise for battery cathodes.
GMG CEO and Managing Director Craig Nicol stated, “We’re presently seeking to deliver coin cell business prototypes for buyer testing in 6 months and a pouch pack business prototype – utilized in cell phones, laptops and so forth. – for buyer testing in 18 months. We’re actually excited about bringing this to market. We goal to have a viable graphene and coin cell battery manufacturing facility challenge after buyer validation that we’d doubtless construct right here in Australia,” stated Craig Nicol.
Dr Ashok Nanjundan, GMG’s Chief Scientific Officer, stated, “It is a actual game-changing expertise which might supply an actual different with an interchangeable battery expertise for the present lithium-ion batteries in virtually each software with GMG’s Graphene and UQ’s patent-pending aluminium ion battery expertise. The present nominal voltage of our batteries is 1.7 volts, and work is being carried out to extend the voltage to instantly exchange present batteries and which result in increased vitality densities.”
“The actual differentiator about these batteries is their very excessive energy density of as much as 7000 watts/kg, which endows them with a very excessive cost price. Moreover, graphene aluminium-ion batteries present main advantages when it comes to longer battery life (over 2000 cost / discharge cycles testing thus far with no deterioration in efficiency), battery security (very low fireplace potential) and decrease environmental impression (extra recyclable),” stated Dr Ashok Nanjundan.
GMG will make additional disclosures relating to the efficiency and improvement of those graphene aluminium ion batteries because the analysis and improvement program progresses.
GMG is an Australian based mostly clean-tech disruptive firm listed on the TSXV (TSXV:GMG) that produces graphene and hydrogen by cracking methane (pure gasoline) as an alternative of mining graphite. By utilizing the corporate’s proprietary course of, GMG can produce top quality, low value, scalable, ‘tuneable’ and no/low contaminant graphene – enabling demonstrated value and environmental enhancements in quite a lot of world-scale planet-friendly/clean-tech purposes. Utilizing this low enter value supply of graphene, the Firm is growing value-added merchandise that concentrate on the large vitality effectivity and vitality storage markets.
The Firm can also be within the early phases of pursuing extra alternatives for GMG Graphene, together with growing next-generation batteries, collaborating with world-leading universities in Australia, and investigating the chance to boost the efficiency of lube oil, biodiesel and diesel fuels.
For additional data, please contact:
– Craig Nicol, Chief Govt Officer and Managing Director of the Firm at email@example.com, +61 415 445 223
– Leo Karabelas at Focus Communications, firstname.lastname@example.org, +1 647 689 6041
Neither the TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) settle for accountability for the adequacy or accuracy of this information launch.
Cautionary Be aware Concerning Ahead-Trying Statements
This press launch incorporates “forward-looking data” and “forward-looking statements” inside the that means of relevant securities laws. The forward-looking statements herein are made as of the date of this press launch solely, and the Firm doesn’t assume any obligation to replace or revise them to replicate new data, estimates or opinions, future occasions or outcomes or in any other case, besides as required by relevant legislation. Usually, however not at all times, forward-looking statements will be recognized by means of phrases equivalent to “plans”, “expects”, “is anticipated”, “budgets”, “scheduled”, “estimates”, “forecasts”, “predicts”, “initiatives”, “intends”, “targets”, “goals”, “anticipates” or “believes” or variations (together with destructive variations) of such phrases and phrases or could also be recognized by statements to the impact that sure actions “might”, “may”, “ought to”, “would”, “would possibly” or “will” be taken, happen or be achieved. Ahead-looking data on this press launch consists of, however isn’t restricted to, statements referring to the manufacturing of prototypes by GMG and UQ, anticipated timelines for business prototypes and buyer testing, the event and viability of GMG’s manufacturing services, the placement of GMG’s manufacturing services, and the outcomes arising from and software of GMG’s graphene aluminium-ion batteries. Ahead-looking statements and data are topic to varied recognized and unknown dangers and uncertainties, together with, however not restricted to, the danger components set out below the heading “Danger Components” within the Firm’s remaining lengthy kind non-offering prospectus dated March 31, 2021 obtainable for evaluate on the Firm’s profile at www.sedar.com, a lot of that are past the power of the Firm to manage or predict. Such threat components might trigger the Firm’s precise outcomes, efficiency or achievements to be materially totally different from these expressed or implied thereby, and are developed based mostly on assumptions about such dangers, uncertainties and different components set out herein, together with, assumptions relating to the Firm’s capability to analysis, develop and take a look at its merchandise inside anticipated timelines, and that outcomes of testing and improvement knowledge will likely be per anticipated outcomes and estimates. Such forward-looking data represents administration’s finest judgment based mostly on data presently obtainable. No forward-looking assertion will be assured and precise future outcomes might fluctuate materially. Accordingly, readers are suggested to not place undue reliance on forward-looking statements or data