GMG secures funding to build graphene aluminum ion battery pilot plant

Graphene Manufacturing Group (GMG) has secured Queensland government backing for a proposed automated battery pilot plant for the manufacture of GMG’s Graphene Aluminum Ion Battery. The Company signed a Queensland Critical Minerals and Battery Technology Fund Agreement with the state for a grant of AUD$2 million (almost USD$1,300,000).

GMG is using graphene to produce aluminium-ion batteries utilizing a patent-pending surface perforation technology developed by the University of Queensland. GMG said the grant was for the payment of 50 percent of the capital cost of GMG’s proposed pilot plant, up to a maximum of $2 million.


GMG’s CEO, Craig Nicol, thanked the government for its support of battery manufacturing in the state. “This is great recognition for GMG and GMG’s next generation Graphene Aluminum Ion Battery and further shows the progress of the battery’s development. We are very excited about this next phase of its maturation.”

The Pilot Plant will be constructed at GMG Richland’s existing manufacturing facility, and the grant is conditional on GMG taking a final investment decision in the Battery Pilot Plant project.

Posted: Apr 02,2024 by Roni Peleg