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Graphene Manufacturing Group Expands Energy Savings Initiatives in Singapore

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Graphene Manufacturing Group Expands Energy Savings Initiatives in Singapore

An announcement from Graphene Manufacturing Group Ltd ( (TSE:GMG) ) is now available.

Graphene Manufacturing Group Ltd. has successfully completed energy savings case studies with a Singapore bank, achieving energy savings between 10% to 20% using their Thermal-XR Enhance product. The bank is considering expanding the application to more branches, highlighting GMG’s potential for growth and impact in the energy savings sector. This collaboration with C&W Services Singapore and ACMES underscores GMG’s strategic positioning in the market and its commitment to expanding its energy-saving projects globally.

More about Graphene Manufacturing Group Ltd

Graphene Manufacturing Group Ltd. (GMG) is an Australian clean-technology company that develops, manufactures, and sells energy-saving and energy storage solutions. The company utilizes a proprietary process to produce graphene from natural gas, creating high-quality, low-cost, and scalable graphene suitable for clean-technology applications. GMG is focused on scaling up its commercial capabilities and securing market applications, particularly in energy-saving solutions such as graphene-enhanced HVAC-R coatings.

YTD Price Performance: 46.03%

Average Trading Volume: 169,387

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$92.15M

See more data about GMG stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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