GMG receives regulatory approval to enable more significant commercial sales

Graphene Manufacturing Group (GMG) has announced it has received full and final approval of all its graphene products from the Australian Industrial Chemicals Introduction Scheme (AICIS) of the Australian Government Department of Health and Aged Care under Assessment statement CA09624.

AICIS approval allows GMG to significantly increase the production and sale of GMG graphene-enhanced products including:

• Coatings: THERMAL-XR® and other industrial coatings as developed;
• Automotive Fluids: G® LUBRICANT, G® COOLANT and other automotive liquids as developed;
• Fuel: G® DIESEL ; and
• Batteries: including for GMG’s Graphene Aluminium Ion Battery.

This AICIS approval will enable the fulfilment of targeted THERMAL-XR® and G® LUBRICANT sales to industrial customers in Australia and in countries where no further international approvals are needed. Prior to this approval only smaller volumes to a restricted customer list were permitted. The subsequent targeted development of other GMG products, including Graphene Aluminium ion batteries, will similarly be enabled by AICIS with this approval – although the battery will likely need further testing and approval to international battery standards and regulations before sale.

The following conditions apply to this AICIS approval:

• 10 tonnes per annum of total graphene powder.
• Products are to be used in a professional setting except for batteries which can also be sold to end consumers directly.
• Certain maximum percentages are allowed per product type.
• Environmental compliance requirements including no discharge to water ways.

GMG’s CEO Craig Nicol stated, “I am very pleased to see the full and final product regulator approval for our graphene products from AICIS – enabling GMG to enter the next phase of its commercial maturation to focus on developing, marketing, selling and producing its products. This is one of the first nanomaterials approved under the AICIS regulations which came into being on 1 July 2020 with significant revised nanomaterial chemical classification and introduction changes from the previous regulator scheme and is a credit to GMG’s technical staff in achieving this approval.”

Posted: Feb 14,2023 by Roni Peleg