$GMG.V $GMGMF GMG Reaches Major Commercial Milestone with On-Time Startup of Second Generation Technology Graphene Production Plant
https://www.newsfilecorp.com/release/304008
Brisbane, Queensland--(Newsfile Corp. - July 6, 2026) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company"
is pleased to announce that it has completed the construction and started up the Company's Generation 2.0 Graphene Manufacturing Technology Plant (the "Gen 2.0 Plant" which is expected to produce 10 tonnes of graphene per annum once remaining works are completed and the Gen 2.0 Plant is optimised. It was started up on schedule before the end June 2026. The total capital cost for the Gen 2.0 Plant is expected to be at or below the estimated cost of AU$2.3 million by the end of the project completion at the end of 2026, as the project costs are under budget to date. Figure 1 shows the plasma system during the commissioning of the Gen 2.0 Plant.
The remaining works for this project, which are expected to be completed by end of September 2026, are:
Complete graphene quality optimisation,
Complete production volume optimisation,
Complete graphene powder pack filling optimisation.
Following which, the following activity is expected to be completed by the of December 2026:
Complete self-power generation supply installation.
Once fully complete and optimised the Gen 2.0 Plant is expected to be largely self-powered from standalone energy generation that utilizes renewable sources, an energy storage system and hydrogen enriched natural gas provided by tail gas power generation.
GMG's Managing Director and CEO, Craig Nicol, commented: "Bringing our second-generation graphene production plant online on time and within our expected capital cost to date is a major milestone for GMG and a testament to the skill and commitment of our team and partners. The Gen 2.0 Plant is expected to deliver up to 10 tonnes of graphene per year once remaining works are completed and optimised, significantly increasing our production capacity to support customer demand across our battery, coatings, lubricant additives and other graphene products. We are now focused on completing the optimisation of graphene quality and production volumes, as well as commissioning our self-powered energy systems and powder packing capabilities. With this plant, we are not only scaling output but also advancing our vision of highly efficient graphene manufacturing that can be replicated and deployed globally."
GMG's Chairman and Director, Jack Perkowski, commented: "The successful start-up of the Gen 2.0 Plant marks an important step in GMG's growth and validates our strategy of investing in scalable, efficient, and increasingly self-powered graphene production technology. Delivering this project on schedule and at or below the planned capital cost to date reflects strong project discipline and reinforces GMG's capability to execute complex technology developments. As we complete the remaining optimisation work and bring the plant's renewable and hydrogen-enriched energy systems fully online, we expect this facility to demonstrate both the commercial and environmental benefits of GMG's proprietary plasma-based graphene manufacturing process. We believe this strengthens our platform for long-term value creation for shareholders, customers, and partners."
https://www.newsfilecorp.com/release/304008
Brisbane, Queensland--(Newsfile Corp. - July 6, 2026) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company"
is pleased to announce that it has completed the construction and started up the Company's Generation 2.0 Graphene Manufacturing Technology Plant (the "Gen 2.0 Plant" which is expected to produce 10 tonnes of graphene per annum once remaining works are completed and the Gen 2.0 Plant is optimised. It was started up on schedule before the end June 2026. The total capital cost for the Gen 2.0 Plant is expected to be at or below the estimated cost of AU$2.3 million by the end of the project completion at the end of 2026, as the project costs are under budget to date. Figure 1 shows the plasma system during the commissioning of the Gen 2.0 Plant. The remaining works for this project, which are expected to be completed by end of September 2026, are:
Complete graphene quality optimisation,
Complete production volume optimisation,
Complete graphene powder pack filling optimisation.
Following which, the following activity is expected to be completed by the of December 2026:
Complete self-power generation supply installation.
Once fully complete and optimised the Gen 2.0 Plant is expected to be largely self-powered from standalone energy generation that utilizes renewable sources, an energy storage system and hydrogen enriched natural gas provided by tail gas power generation.
GMG's Managing Director and CEO, Craig Nicol, commented: "Bringing our second-generation graphene production plant online on time and within our expected capital cost to date is a major milestone for GMG and a testament to the skill and commitment of our team and partners. The Gen 2.0 Plant is expected to deliver up to 10 tonnes of graphene per year once remaining works are completed and optimised, significantly increasing our production capacity to support customer demand across our battery, coatings, lubricant additives and other graphene products. We are now focused on completing the optimisation of graphene quality and production volumes, as well as commissioning our self-powered energy systems and powder packing capabilities. With this plant, we are not only scaling output but also advancing our vision of highly efficient graphene manufacturing that can be replicated and deployed globally."
GMG's Chairman and Director, Jack Perkowski, commented: "The successful start-up of the Gen 2.0 Plant marks an important step in GMG's growth and validates our strategy of investing in scalable, efficient, and increasingly self-powered graphene production technology. Delivering this project on schedule and at or below the planned capital cost to date reflects strong project discipline and reinforces GMG's capability to execute complex technology developments. As we complete the remaining optimisation work and bring the plant's renewable and hydrogen-enriched energy systems fully online, we expect this facility to demonstrate both the commercial and environmental benefits of GMG's proprietary plasma-based graphene manufacturing process. We believe this strengthens our platform for long-term value creation for shareholders, customers, and partners."
