GMG Board Approves Capital for Engineering of Factory for

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GMG Board Approves Capital for Engineering of Factory for Graphene Factories

https://www.newsfilecorp.com/release/304387

Brisbane, Queensland, Australia--(Newsfile Corp. - July 8, 2026) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company" is pleased to announce that its Board of Directors has approved AU$1.2 million in capital expenditure for the next stage of detailed design, engineering and long-lead procurement for its next-generation graphene manufacturing plant. The plant will modularise GMG's recently commissioned Gen 2.0 Plant and support the development of a "Factory for Graphene Factories."

These capital funds will support feasibility level design, engineering and long-lead procurement for GMG's "Fulcrum" Facility. Figure 1 shows an informational image of the planned facility, which will be located in GMG's newly leased warehouse in Richlands, near the existing GMG "Boundary" Facility (HQ).

The GMG Fulcrum Facility will include an area for assembling Graphene Modular Production Units (MPU's) and a separate operating area for up to 5 separate Graphene MPU's, "Technology Gen 2.1 Plant", each with an estimated capacity of up to 20 tonnes per annum.

Once fully completed and optimised, the Fulcrum Facility is expected to have annual production capacity of up to 100 tonnes of graphene. It is also expected to be largely self-powered through standalone energy generation using renewable sources, an energy storage system and hydrogen-enriched natural gas supplied by tail gas power generation. The facility is also expected to assemble and commission up to 12 additional MPU's per annum, equivalent to a further 240 tonnes of annual graphene production capacity.

The GMG Fulcrum Facility is expected to take several years to complete, with funding and operational readiness to be phased and subject to separate Board approvals and press releases. GMG is also optimising the Gen 2.0 Plant for graphene quality, production rate, graphene packing, and self-power generation, with these elements not expected to be completed until the end of 2026.

In the meantime, GMG is progressing site selection and local, state and federal government approvals studies of locating a graphene production facility in both USA and Canada. The expectation is for the Graphene MPU's to be assembled and commissioned in the Fulcrum Facility and then relocated to the site in North America for operations and graphene production along with any liquid graphene production and packing facility.

"Advancing to the engineering and long-lead procurement phase for our Fulcrum Facility is a pivotal step in GMG's scale-up strategy," said Craig Nicol, Managing Director and CEO of GMG. "With our Gen 2.0 Plant now commissioned, we are applying those learnings to design a modular, repeatable production system that can be deployed globally. The Fulcrum Facility is intended to become the hub for assembling and commissioning Graphene MPUs, enabling us to accelerate capacity growth while maintaining quality and cost discipline. At the same time, we are progressing optimisation of our existing operations and preparing for expansion into North America, positioning GMG to meet increasing demand across our energy savings and energy storage product lines."

"The Board's approval of this capital reflects confidence in GMG's modular manufacturing approach and long-term growth pathway," said Jack Perkowski, Chairman and Director of GMG. "The Fulcrum Facility is designed not only to expand production capacity, but also to demonstrate a scalable model for deploying graphene manufacturing internationally. By combining modular production, efficient capital deployment, and increasingly self-powered energy systems, GMG is building a platform that can support disciplined expansion into key global markets. We believe this approach strengthens our ability to deliver sustainable growth and long-term value for shareholders."
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