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Graphene Aluminium-Ion Battery Progress Update

(TheNewswire) BRISBANE, QUEENSLAND, AUSTRALIA – TheNewswire - ...

articleGraphene Manufacturing Group LtdJune 1, 20214/company/graphene-manufacturing-group-ltd/news/graphene-aluminium-ion-battery-progress-update
Graphene Aluminium-Ion Battery Progress Update

About this update from Graphene Manufacturing Group Ltd

[{"type":"text","content":"Graphene Aluminium-Ion Battery Progress Update\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n BRISBANE, QUEENSLAND, AUSTRALIA –\n \n \n TheNewswire -\n \n \n June 1\n \n \n st\n \n \n , 2021 -\nGraphene Manufacturing Group Ltd. (TSXV:GMG) (“\n \n \n GMG\n \n \n ” or the\n“\n \n \n Company\n \n \n ”) is pleased to provide the latest update on its graphene\naluminium-ion battery technology (“\n \n \n G+AI Battery\n \n \n ”)\nbeing developed by the Company and the University of\nQueensland.\n \n \n \n \n Since GMG’s market update on May 11, 2021\n(“\n \n \n GMG Graphene Aluminium-Ion\nBattery Performance Data\n \n \n ”), the Company has\nappointed Director Robbert de Weijer as G+AI Battery Project Director\nand has instructed the Company’s Head of Technology and Head of\nGraphene Projects to prioritise the G+AI Battery’s technical\nprogression. In addition, the Company’s new Chief Operating Officer\ntogether with the operating team are prioritising the production of\nthe particular graphene needed for G+AI Battery production.\n \n \n \n \n These moves reflect GMG’s determination to positively\nrespond to the many encouraging, and varied inquiries the Company has\nreceived regarding the technical and commercial application of G+AI\nBatteries.\n \n \n \n \n GMG’s Chief Executive Officer and Managing Director,\nCraig Nicol, stated: “\n \n \n More than 80 incoming\nrequests from across the globe have been received by the Company from\norganizations seeking to explore potential applications in electric\nconsumer vehicles, high-performance cars, heavy duty vehicles, motor\nbikes, air transport, personal appliances such as laptop computers and\nphones, grid-connected storage, and others.  Several parties noted,\namong other things, the potential high power density of graphene\naluminium-ion batteries which enables faster-charging; that graphene\naluminium-ion batteries are expected to be greener and be able to be\nproduced without lithium and rare earths; that the performance of such\nbatteries are expected to be safer, with much lower fire risk; and\nfinally that graphene aluminium-ion batteries are expected not to\nrequire the complexity and weight of cooling systems required by\nlithium-ion battery technology. The Compa...

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