Graphene Manufacturing Group (GMG) has announced that it has entered into a non-binding Letter of Intent with Wood (a consulting and engineering company), with an aim to reach binding agreements for Wood to design and deliver major graphene manufacturing expansion projects.
Wood will support GMG in scaling up and automating its proprietary natural gas to graphene manufacturing process. The parties’ intent is for Wood to become GMG’s engineering, design and construction contractor for GMG’s near and long-term graphene manufacturing facility needs in Australia and overseas.
A Letter of Intent was earlier signed with Bosch for the design and delivery of targeted G+AI Battery manufacturing plants. GMG and Wood will work in collaboration with Bosch to create an aligned production process from graphene manufacturing through to final G+AI Battery products across the Company’s facilities.