Graphene Manufacturing Group Ltd. announced that the Honourable Milton Dick Member for Oxley and Speaker of The Australian House of Representatives officially opened the THERMAL-XR®? Coating Blending Plant on 28th September 2023. The official opening is another significant milestone for GMG in striving towards achieving revenue from Energy Saving Products.

GMG's 4 critical business objectives remain to: Produce Graphene and improve/scale the production process. Build Revenue from Energy Savings Products. Develop Next-Generation Battery.

Develop Supply Chain, Partners & Project Execution Capability. About THERMAL-X R®? COating SYSTEM is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels.

The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction. THERMAL-XR RESTORE®? is powered by GMG Graphene.ATENT PENDING.

The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries").