Graphene Manufacturing Group

What Graphene Manufacturing Group does

Graphene Manufacturing Group Ltd. (TSXV:GMG, OTCQX:GMGMF) is an Australian clean-technology company founded in 2016 and headquartered in Brisbane/Richlands, Queensland, that manufactures graphene powder from natural gas (methane) using a proprietary plasma-based cracking process. The company monetizes this foundational graphene across four product lines: THERMAL-XR, a graphene HVAC-R coating system that improves thermal conductivity and provides corrosion protection on heat exchange surfaces; G LUBRICANT, a graphene engine oil additive concentrate demonstrated to improve fuel efficiency by up to 8.4%; SUPA G, a graphene slurry additive for lithium-ion battery manufacturers; and the Graphene Aluminium-Ion Battery (G+AI CELLS), a next-generation ultra-fast-charging battery chemistry developed in partnership with the University of Queensland and Rio Tinto under a Joint Development Agreement. Gen 2.0 production capacity stands at 10 tons of graphene per annum, with 500,000 to 1 million liters of lubricant/coating blending capacity, supporting distribution into HVAC-R, oil and gas, automotive, electronics, and emerging battery markets.

The business operates a hybrid go-to-market combining direct enterprise field sales (notably a 10+ executive European sales team) with exclusive distribution partnerships: Nu-Calgon for THERMAL-XR across North America (USA, Canada, Mexico, Caribbean), Beijer Ref for Australia, and Curran International for G LUBRICANT globally into oil and gas majors including ExxonMobil, BP, Shell, Chevron, and Saudi Aramco. Revenue mechanics are quote-based enterprise pricing on multi-year contracts across hardware sales, technology licensing potential (e.g., to Rio Tinto), and R&D collaboration services. The company has raised approximately C$19.35M across multiple public and bought-deal offerings since 2021 and held A$13.9M in cash reserves, while securing regulatory approvals across the US EPA, Canada ECCC, Singapore Green Building Council, Australian AICIS, China, and Europe, alongside ISO 9001:2015 and Advanced Carbons Council Verified Graphene Producer certifications. Governance is led by founder/CEO Craig Nicol with Non-Executive Chairman Jack Perkowski, Non-Executive Director Bob Galyen (former CTO of CATL), Chief Production Growth Officer Stuart Watson (former Rio Tinto global Head of Technical Development), Chief Scientific Officer Dr. Ashok Nanjundan, and CFO Joshua George, with the company positioned for North American production scaling and continued commercialization of its battery and energy-storage portfolio.

Name

Graphene Manufacturing Group

Legal name

Graphene Manufacturing Group Ltd.

Website

https://graphenemg.com

Company type

Public

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Advanced Materials / Cleantech Graphene Manufacturing

NAICS

Carbon and Graphite Product Manufacturing (335991), Petroleum and Coal Products Manufacturing (3241)

SIC

Industrial Organic Chemicals (2860), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Functional Carbon Fillers (Carbon Black, Graphite) (IMAEAFAO)

akta.pro secondary industries

Carbon Black & Bulk Pigments (IMAEAAAF), Synthetic Graphite Feedstocks (Petroleum Needle Coke & Pitch) (IMAKAFAE)

Keywords

• Graphene manufacturing
• HVAC thermal coatings
• Engine oil additives
• Aluminium-ion batteries
• Advanced carbon materials

Headquarters

HQ city

Richlands

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Product Sales - THERMAL-XR: Direct sales of THERMAL-XR thermal coating products to HVAC-R industry customers through distribution partners and direct sales team.
2. Product Sales - G LUBRICANT: Sales of G LUBRICANT graphene lubricant additive to oil and gas industry through Curran International distribution partnership.
3. Technology Licensing: Potential revenue from licensing graphene manufacturing technology and battery technology to partners including Rio Tinto under Joint Development Agreement.
4. R&D Collaboration Revenue: Revenue from research and development partnerships, including work with University of Queensland on battery technology development.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

GMG manufactures graphene powder from natural gas (methane) via a proprietary plasma-based process and sells graphene-enabled finished products for energy savings and energy storage. Its commercial offerings include THERMAL-XR HVAC-R thermal coatings, G LUBRICANT engine oil additives, SUPA G lithium-ion battery slurry, and a Graphene Aluminium-Ion Battery technology developed with the University of Queensland and Rio Tinto. Customers are enterprises in HVAC-R, oil and gas, automotive, data centers, and battery manufacturing.

Product overview

Graphene Manufacturing Group (GMG) is a clean-technology company that manufactures graphene-based energy saving and energy storage solutions using a proprietary production process that decomposes natural gas (methane) into carbon (graphene), hydrogen, and other gases. The company's product portfolio centers on four main offerings: THERMAL-XR®, a graphene HVAC-R coating system for energy efficiency and corrosion protection; G® LUBRICANT, a graphene engine oil additive for fuel and emission savings; SUPA G®, a graphene slurry additive for lithium-ion batteries; and the Graphene Aluminium-Ion Battery (G+A CELLS), an ultra-fast charging battery technology developed with the University of Queensland and Rio Tinto. These products address the energy savings and energy storage markets across HVAC-R, automotive, industrial, and battery applications.

Differentiator

Problem solved

Functional benefit

Brands

• THERMAL-XR®: Graphene-based HVAC-R energy saving coating system for heat exchange surfaces
• G® LUBRICANT
• SUPA G®
• G+AI CELLS (Graphene Aluminium-Ion Battery)
• Nu-Calgon CoolWorx® powered by GMG Graphene

Products and services

• THERMAL-XR Graphene-based HVAC-R coating system that improves thermal conductivity of heat exchange surfaces, reduces energy consumption, and provides corrosion protection for air conditioning and refrigeration systems. Targeted at HVAC-R operators, data centers, and coastal applications.
• G LUBRICANT Graphene engine oil additive concentrate for diesel and other liquid fuel engines that delivers energy savings, emission reductions, and wear prevention, with claimed fuel efficiency improvement of up to 8.4%. Sold to enterprise oil and gas customers via Curran International.
• SUPA G Graphene slurry additive designed to enhance the performance of lithium-ion batteries, intended for use by battery manufacturers as an additive to improve battery characteristics such as cycle life and energy characteristics.
• Graphene Aluminium-Ion Battery (G+AI CELLS) Next-generation battery technology developed with the University of Queensland and Rio Tinto, featuring ultra-fast charging (under 6 minutes), high energy density (49 Wh/kg at 6-minute charging as of April 2026), no lithium or copper requirements, and enhanced safety for heavy mobile equipment applications.
• GMG Graphene High-quality, low-cost, scalable, tuneable, and contaminant-free graphene powder produced from natural gas (methane) using GMG's proprietary plasma-based cracking process, sold as a foundational material for downstream applications.

Quantifiable outcome

• Improved thermal conductivity and energy efficiency for HVAC-R applications
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered flagship, core and minor.

• University of QueenslandflagshipStrategic or Co-development PartnerJoint development partnership for graphene aluminum-ion battery technology. University provides research expertise and facilities while GMG provides commercialization pathway and funding.
• Rio TintoflagshipStrategic or Co-development PartnerJoint Development Agreement for battery technology commercialization. Rio Tinto provides strategic partnership for scaling and commercializing aluminum-ion battery technology with potential for mining and resources applications.
• Nu-CalgoncoreChannel Partner/ Reseller/ DistributorExclusive North American distribution partner for THERMAL-XR products. Nu-Calgon provides established distribution network and customer relationships in HVAC-R industry across North America.
• Battery Innovation Center of IndianacoreStrategic or Co-development PartnerTesting and development support partner for battery technology. Provides testing facilities and expertise for validating graphene aluminum-ion battery performance.
• Beijer RefcoreChannel Partner/ Reseller/ DistributorAustralian distribution partner providing local market access and customer relationships for THERMAL-XR products in Australian HVAC-R market.
• Curran InternationalcoreChannel Partner/ Reseller/ DistributorGlobal distribution partner for G LUBRICANT in oil and gas sector. Distributes to major customers including ExxonMobil, BP, Shell, Chevron, and Saudi Aramco.
• Tickford RacingminorStrategic or Co-development PartnerTechnology testing partnership for automotive applications of graphene products. Provides real-world testing environment and performance validation.
• Bosch Australia Manufacturing SolutionscoreImplementation/ SI/ Consulting PartnerManufacturing plant design partner for Gen 2.0 facility development. Bosch provides engineering expertise for manufacturing facility design and implementation.
• Wood EngineeringcoreImplementation/ SI/ Consulting PartnerEngineering and delivery partner for expansion projects. Provides engineering services for facility expansion and capacity scaling.
• i2i Marketing GroupminorGTM or Marketing PartnerMarketing services partner providing market visibility and promotional support.
• AJO Capital Inc.minorGTM or Marketing PartnerMarketing and investor awareness services partner for public market communications.

Scale indicators5 records

Recent moves12 records

Expansion highlights7 records

Direct peers

• Haydale Graphene Industries: UK-based, AIM-listed graphene producer and functionalization specialist selling graphene-enhanced coatings, composites, and inks into industrial markets. Highly comparable to GMG as a publicly traded small-cap graphene manufacturer pursuing multi-segment industrial applications.
• Directa Plus: Italy-based, AIM-listed graphene producer with proprietary plasma-expansion process targeting textiles, composites, and environmental applications. Comparable to GMG as a publicly listed graphene manufacturer with proprietary production technology and industrial end markets.
• Applied Graphene Materials: UK-based graphene nanoplatelet producer selling into coatings, composites, and lubricants. Closely comparable to GMG's graphene powder manufacturing and downstream coatings/lubricant product strategy.
• First Graphene: Australia-based (ASX-listed) graphene producer with proprietary production process serving industrial materials, composites, and energy storage applications. Particularly comparable to GMG given shared Australian HQ and similar multi-segment graphene commercialization model.
• XG Sciences: US-based private graphene nanoplatelet and slurry producer supplying battery, coatings, and composite customers. Comparable to GMG on graphene slurry products (e.g., SUPA G) and battery materials focus.
• Graphenea: Spain-based graphene oxide and CVD graphene producer supplying research and industrial customers globally. Comparable as a dedicated graphene manufacturer with multi-jurisdiction customer reach.

Emerging players

• Talga Group: Australia-based (ASX-listed) battery anode and graphene additives company developing graphite-silicon anodes for lithium-ion batteries. Comparable to GMG's SUPA G slurry additive and broader battery materials strategy.
• QuantumScape: NYSE-listed developer of solid-state lithium-metal battery technology targeting EV and energy storage applications. Comparable to GMG as a publicly listed next-generation battery technology developer pursuing commercialization of alternative-chemistry cells.

Broad incumbents

• Cabot Corporation: NYSE-listed global leader in carbon black, specialty carbons, and battery materials. Comparable to GMG as an incumbent in the broader industrial carbon materials space where GMG's graphene competes or substitutes for traditional carbon black.
• Orion S.A. NYSE-listed global carbon black producer serving coatings, printing, rubber, and battery applications. Comparable to GMG as a broad incumbent in industrial carbon materials whose products and customer base overlap with GMG's coatings and lubricant end markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/GrapheneMG
• YouTubeyoutube.com/channel/UC405unc_8cBaP-acdmwQFhg
• Facebookfacebook.com/graphenemg
• LinkedInlinkedin.com/company/graphene-manufacturing-australia

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds11 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Graphene Manufacturing Group