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Graphene Manufacturing Group Ltd (TSXV: GMG) (OTCQX: GMGMF) (“GMG” or the “Company”) has appointed Stuart Watson as Chief Production Growth Officer. Watson is a former global Head of Technical Development for Rio Tinto Ltd (ASX: RIO) and brings more than 30 years of leadership experience across metals and mining, as well as oil and chemicals.
Watson spent 20 years at Rio Tinto, with experience spanning operations, sales and marketing, mergers and acquisitions, and technology development and innovation. His career highlights cited by GMG include:
GMG also noted Watson holds an MBA from Henley Management College (UK) and is a Chartered Engineer with the Institute of Chemical Engineers (IChemE). He has a Master of Engineering in Chemical Engineering (First Class Honours) from Imperial College, University of London, and training from Ecole Nationale Supérieure d'Ingénieurs de Génie Chimique (ENSIGC), Toulouse, France.
Craig Nicol, CEO & Managing Director of GMG, said: “We welcome Stuart to the GMG team - he is a great addition to the Senior Executive Team for both executive leadership and delivery capability. I will enjoy working with Stuart to expand our production across our graphene and graphene products around the world.”
Jack Perkowski, Non-Executive Chairman and Director of GMG, added: “On behalf of the board I welcome Stuart to the team and look forward to the progress around expanding our production capability into North America.”
GMG said it is focused on delivering its Gen 2.0 Graphene Production Project (“Gen 2.0 Project”) by the end of June 2026. The project is expected to produce at least 10 tonnes per annum of graphene at GMG’s headquarters in Richlands, Queensland, Australia.
After commissioning and start-up, GMG plans to replicate and establish additional production plants globally to enable scaled production for potential sales, diversify and lower production risks, and reduce operating costs by locating plants in countries with lower operating costs, including low-cost natural gas—one of GMG’s key production input costs.
GMG is currently planning three potential expansion projects: two in North America (potentially one in the US and one in Canada) and an expansion production project in Australia. The company said it intends to mature these projects and expand production in line with sales for all of its products.
GMG’s expansion program includes five production plants:
GMG also referenced a graphic (“Figure 1”) available at: https://images.newsfilecorp.com/files/8082/293781_d1c07d1d84356a2d_001full.jpg
GMG is an Australian clean-technology company that develops, manufactures, and sells energy-saving and energy storage solutions enabled by graphene produced through its in-house process. GMG said it uses a proprietary method to decompose natural gas (methane) into carbon (as graphene), hydrogen, and some residual hydrocarbon gases, producing “high quality, low cost, scalable, tuneable” graphene suitable for clean-technology and other applications.
The company’s current focus is to de-risk and develop commercial scale-up capabilities and secure market applications. In energy savings, GMG initially focused on graphene-enhanced heating, ventilation and air conditioning coating (“HVAC-R”), marketed for use in other applications including electronic heat sinks, industrial process plants, and data centres. GMG also developed a graphene lubricant additive aimed at saving liquid fuels, initially for diesel engines.
In energy storage, 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”). GMG has also developed a graphene additive slurry aimed at improving the performance of lithium-ion batteries.
GMG listed four critical business objectives:
The release includes cautionary language regarding forward-looking statements, including expectations related to the Gen 2 Project, expansion plans, commercialization and R&D activities, and GMG’s business objectives. It notes that actual results may differ materially due to risks and uncertainties, including factors referenced in the company’s annual information form dated November 4, 2025.
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