Graphene Manufacturing Group (GMG) has provided a business update on its recently commissioned modular graphene production plant at Richlands, Australia. The graphene production plant has been operating and producing graphene since its commissioning date in December, 2023.

The performance of the production unit, according to GMG's CEO and managing director, Craig Nicol, has "exceeded the Company's expectations in both graphene production rate and graphene quality. The company continues to perform minor optimizations with this new production plant which have both increased production yield and quality of the graphene".

Haydale has announced that it has signed a contract with Jersey Energy Technologies ("JET"), a start-up company focused on providing energy efficiency solutions across the Channel Islands, to begin a pilot trial deploying Haydale's underfloor heaters within social housing in Jersey.

Haydale's underfloor heating system utilizes the Company's proprietary HDPlas functionalization technology to unlock the high-level thermal conductivity properties of graphene. Data gathered from Haydale's in-house prototype systems implies up to 30% lower operating cost for their functionalized graphene ink underfloor heating compared to standard wired systems running off mains power. In test conditions, the heaters, which can be uniformly and individually heated, have also shown improvements in flexibility, and durability; reaching maximum temperatures quickly. This presents a potential commercial solution to meet the demand for improved energy efficiency, reducing heating costs for residents without trade off.