Graphene Manufacturing Group Ltd ( (TSE:GMG) ) has shared an update.
Graphene Manufacturing Group Ltd has announced a significant step forward in the development of its Graphene Aluminium-Ion Battery technology by partnering with the Battery Innovation Center in Indiana, USA. This collaboration aims to advance the battery’s development towards commercialization, enhancing its electrochemistry and performance. The partnership is expected to bolster GMG’s position in the energy storage industry by leveraging BIC’s expertise in rapid development and testing of energy storage systems, potentially impacting stakeholders by accelerating the availability of advanced battery solutions.
More about Graphene Manufacturing Group Ltd
Graphene Manufacturing Group Ltd (GMG) operates in the energy sector, focusing on the development of innovative energy storage solutions. The company is primarily engaged in the production of Graphene Aluminium-Ion Batteries, collaborating with prominent institutions like the University of Queensland and Rio Tinto. Their market focus includes scaling and commercializing advanced battery technologies for defense and commercial applications.
YTD Price Performance: 49.21%
Average Trading Volume: 162,849
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$91.11M
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