GMG announces phase 1 expansion project to graphene manufacturing facility
Graphene Manufacturing Group (GMG) has announced that the it has taken a Final Investment Decision ("FID") on Phase 1 of its graphene manufacturing expansion project. The expansion project includes an executed 5 year lease to expand total office and warehouse space to 3,500 square meters, the next generation of the Company's proprietary graphene production technology with enhanced automation, a micro-grid with energy storage component to improve commercial and environmental electricity supply for the production process, and an infrastructure corridor to allow rapid scaling of further graphene manufacturing capacity during future phases of the graphene manufacturing expansion project.
The project will be managed and executed by the Company's engineers along with Wood engineering (the Company's graphene manufacturing scaling engineering service supplier).