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  • GMG (GMG) joins future battery industry cooperative research centre for battery electrolyte development
  • The project will run over a period of 4 years, with GMG providing a source of graphene and personnel to the project
  • The CRC brings together almost 60 industry participants, including eight universities, the Commonwealth Scientific and Industrial Research Organization, and Federal and State Governments
  • With approximately A$130 million cash and in-kind contributions, the CRC is focusing on Australia as a leader in battery industries and creating a new generation of highly skilled workers
  • Graphene Manufacturing Group Ltd. (GMG) is up 9.26 per cent and is reading at C$2.36 at 1:58 pm ET

Graphene Manufacturing Group Ltd. (GMG) will join the Future Battery Industries Cooperative Research Centre (CRC) for Battery Electrolytes.

The CRC’s objective is to develop advanced electrolyte systems that improve battery performance.

The project will run over a period of 4 years, with GMG providing a source of graphene and personnel to the project.

GMG’s Chief Scientific Officer, Dr. Ashok Nanjundan, said,

“This is another exciting energy storage development project showcasing the potential uses of GMG’s graphene for the further development of various existing battery technologies.”

The CRC brings together almost 60 industry participants, including eight universities, the Commonwealth Scientific and Industrial Research Organization, and several Federal and State Governments.

A six-year research and development program will target all segments of the battery value chain to deliver commercially proprietary outcomes to accelerate industry expansion and grow a vibrant, emerging battery sector.

With approximately A$130 million cash and in-kind contributions, the CRC is focused on Australia as a leader in battery industries that seeks to create a new generation of highly skilled workers equipped to deliver energy materials of the future.

The Future Battery Industries Cooperative Research Centre is enabling the growth of the battery industry to power Australia’s future.¬†

The CRC is critical in making Australia’s industries more competitive by harnessing the research skills and industry expertise required to create new economic opportunities.

GMG is an Australian-based clean-tech disruptive company listed on the TSXV that produces graphene and hydrogen by cracking methane (natural gas) instead of mining graphite.

Graphene Manufacturing Group Ltd. (GMG) is up 9.26 per cent and is reading at C$2.36 at 1:58 pm ET.

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