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Brisbane, Australia - Newsfile Corp. - December 15, 2025 - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to provide the latest progress update on the Graphene Aluminium-Ion Battery technology ("G+AI") being developed by GMG and the University of Queensland ("UQ") under a Joint Development Agreement with Rio Tinto, one of the world's largest metals and mining groups, and with the support of the Battery Innovation Center of Indiana ("BIC") in the United States of America. Based on its current state of development as reflected below, the GMG G+AI Battery has similar performance characteristics to those provided by High Power Lithium Titanate Oxide ("LTO") batteries, which are sold at a premium price of up to US$1500/kWh. However, the GMG G+AI Battery can be produced at a substantially lower cost and therefore can be priced below that of LTO batteries. In 2025, sales of LTO batteries, which are used in many applications globally, totalled US$ 5.6[1] billion. Battery Performance Update: GMG is pleased to announce that it has progressed its G+AI Battery technology and believes that, once development is completed, it can meet the key target specification requirements for the main targeted battery use case as per Figure 1, including: Charging in under 6 minutes; Energy density > 100 Wh/kg after 1 hour of charging; Long Cycle Life (10,000 cycles); Safe (no Lithium); Lower Thermal Runaway Risk; and Likely no thermal management system will be needed. Bob Galyen, GMG Non-Executive Director, commented: "In my nearly five decades in the battery industry, I have rarely seen a technology with the disruptive potential of GMG's next-generation graphene aluminium-ion battery. With the possibility of charging from empty to full in around six minutes, this chemistry fundamentally changes how designers can think about electric vehicles, consumer electronics, and stationary storage. Instead of planning around long charge stops with large packs, engineers can optimise for rapid energy turnaround, with higher power, and safer, with GMG's battery made from abundant raw materials. Lithium-ion will remain a key part of the energy landscape for years to come, but its limitations in fast charging, temperature tolerance, and critical-mineral supply are increasingly evident. By leveraging aluminium and graphene, the GMG team is demonstrating a pathway to reduce reliance on traditional lithium-based systems while delivering step-change improvements in charge time and power density. This is not an incremental tweak to existing cells - it is a new platform that can open markets and use cases that were previously uneconomic or impractical. As GMG moves from the lab toward scaled manufacturing, its primary focus is on proving reliability, safety, and cost at industrial level. Automotive, grid, and specialty-device partners are already engaging with GMG to explore pilot programs and early integrations. The companies that adapt quickest to this shift will lead the next wave of electrification, and GMG intends to be at the centre of that transition with graphene aluminium-ion technology." Figure 1: G+AI Battery Use Case - heavy mobile equipment To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8082/278044_gmg_figure1.jpg GMG is pleased to share the energy densities of the current GMG G+AI pouch cell at 60 minutes and 6-minute charging compared to other chemistry batteries on the market (Figure 2), and a voltage vs capacity graph (Figure 3) of its latest G+AI Battery technology based on data provided by the third-party BIC battery testing laboratory. Based on that testing, the current stage of development, batteries produced by GMG and BIC had an energy density of 58 Wh/kg when charged in 1 hour and 26 Wh/kg when charged in 6 minutes. In 6-minute fast charging, the battery cells achieved 62% capacity in 3.2 minutes. The batteries had a nominal voltage of approximately 3.0 Volts and maintained performance over hundreds of cycles at 6-minute fast charging, without the significant degradation typically observed in lithium and sodium-ion batteries at such high charging rates. Figure 2: Different Battery Chemistry Performance at 6 min and 60 min Charge[2] To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8082/278044_3e8dbe4f44c75b4b_002full.jpg Standard commercial Lithium Nickel Manganese Cobalt ("LNMC") and Lithium Iron Phosphate ("LFP") battery cells for electric vehicles and stationary storage are not designed for continuous 6-minute charging (10C); typical recommended charge rates are ≤1 hour (1C), often 2 hours (0.5C), with only limited fast charge operation. Only specialized high-power cell designs like LTO battery cells can tolerate charge rates of 6 minutes (10C).[3] Figure 3: Battery performance curves of GMG's G+AI Battery at 60 min and 6min charge To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8082/278044_3e8dbe4f44c75b4b_003full.jpg GMG has now developed a completely new hybrid electrolyte that is chloride free and noncorrosive, unlike common aluminium battery electrolytes, along with a complex cathode and anode technology that enables very stable fast charging over several cycles. The substrate for both the cathode and anode in the GMG G+AI Battery is aluminium foil - which provides significant cost and weight savings compared with copper, the substrate material used in most lithium and sodium-ion batteries. GMG's technology does not include the use of lithium or copper. The Company has submitted an additional patent application covering these new developments. Craig Nicol, GMG Managing Director and CEO, commented: "I couldn't be happier with the GMG team to get to this point with our battery. We have rebuilt this battery in our weekly sprints from the ground up and developed completely new complex cathode, anode and electrolyte. This will provide a next generation fast charging battery technology currently not available in the world, and we look forward to sending out sample cells to test with partners in early 2026. This technology has many years of development in front of it and will improve as we keep pushing through known issues to improve capacity, voltage and reduce weight." GMG management believes that the Company's battery technology can eventually achieve over 150 Wh/kg when charged in 1 hour, and over 75 Wh/kg when charged in 6 minutes. The Company believes further development of the cathode, anode, electrolyte and component weights will eventually achieve this end goal. Figure 4 shows the latest Graphene Aluminium-Ion Battery multi-layer pouch cell. Figure 4: Current Multi-Layer Battery Pouch Cell To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8082/278044_3e8dbe4f44c75b4b_004full.jpg Battery Technology Readiness Level The battery technology readiness level ("BTRL") of the G+AI technology remains at Level 4, see Figure 5. GMG is currently optimizing electrochemical behaviour for pouch cells via ongoing laboratory experimentation. Through collaboration with BIC, it is anticipated that the battery technology readiness will progress to BTRL 7 and 8 since the equipment and processes needed to produce the G+AI batteries are the same as those employed to make Lithium-Ion Batteries. Figure 5: Battery Technology Readiness Level (BTRL) To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8082/278044_3e8dbe4f44c75b4b_005full.jpg The Company is confident it can meet the overall timeline, as seen in Figure 6, of its battery cell roadmap that calls for testing of cells with customers in 2026 and small commercial production with support of various partners, including BIC, in 2027. Figure 6: Battery Cell Roadmap To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8082/278044_3e8dbe4f44c75b4b_006full.jpg Next Steps Toward Commercialisation & Market Applications Jack Perkowski, GMG Chairman and Non-Executive Director, commented: "I am extremely proud that GMG has progressed its battery to this stage. It is a significant milestone for the Company because the battery technology has so much opportunity in so many applications - especially in commercial vehicles. I look forward to the next updates as GMG makes further progress in the development of its battery technology." The Company continues to see a broad range of applications for a completed GMG G+AI Battery - utilising its ultra-high power-density and economic energy density characteristics. Along with Rio Tinto, a range of global companies have confidentially expressed their interest in working with GMG in the following vertical sectors: Figure 7: Market Applications To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8082/278044_3e8dbe4f44c75b4b_007full.jpg Currently, GMG believes it will use a plastic battery pack design, similar to Figure 8, to hold the battery pouch cells - reducing the weight, cost and complexity of using a metal case. Using a plastic battery pack is possible for two main reasons - GMG believes that its battery will not require a thermal management system or the fireproofing precautions provided by the metal case in a lithium-ion battery. Using plastic will increase the comparative energy density of GMG's G+AI battery packs when compared to lithium-ion batteries. Figure 8: Expected Battery Pack for G+AIB Pouch Cells To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8082/278044_3e8dbe4f44c75b4b_008full.jpg Comparison and Market Review: LTO Batteries As shown in Figure 9 below, the performance of GMG's G+AI battery technology is already very similar to LTO batteries. Figure 9: Comparison of Graphene Aluminium-Ion Battery (G+AI) to Lithium Titanate Oxide (LTO) Battery Parameter High Power LTO[4] GMG G+AI Battery Rapid Charging 80% in 6 minutes 100% in 6 minutes Energy Density - 6-minute charge 37 Wh/kg (80% of Capacity) 46 Wh/kg (6 min +) 26 Wh/kg(Current) Large upside to be confirmed Depth of Discharge Full Range Full Range Safety Safe Safer (no lithium fire potential) Longevity 70% performance over 20,000 cycles To be confirmed Battery Price US$800 - US$1500 / kWh[5] Lower price due to lower material costs No lithium, no Titanium Market Size US$5.6 Billion in Sales in 2025 Under development LTO batteries are sold at a premium to LFP and LNMC batteries, which are the main chemistries used in electric vehicles and energy storage systems, and are also widely used in other electronic applications due to their high performance and long cycle life. The material and manufacturing costs for GMG's G+AI Battery are expected to be similar to, or less than, the cost to manufacture standard lithium-ion batteries, but substantially lower than the costs to produce LTO batteries. LTO batteries have energy density ranging from 50 - 80 Wh/kg.[6] The LTO product is sold globally for use in many applications - with a total of US$5.6[7] billion sales per annum in 2025. Sales of LTO batteries are expected to grow at 10% per annum to an estimated US$ 9.0 billion by 2030. The major manufacturers of LTO batteries include Toshiba, Gree, Microvast and CATL. Further details on applications for the LTO battery from Mordor Intelligence7 are described below. In many of the use cases for LTO batteries, GMG believes that its G+AI Battery can be substituted at a substantially lower cost. Commercial Vehicles: Automotive, primarily buses, refuse trucks, and drayage tractors rather than passenger cars, is the largest user of LTO batteries. Fleets realize five-year total-cost-of-ownership parity once fuel savings and lower maintenance offset higher upfront prices. Fast-charging Electric Buses and Trucks: Transit authorities need battery systems that accept repeated high-power "opportunity charges" during short layovers. LTO cells replenish 80% capacity in roughly five minutes, allowing operators to shrink fleet size without sacrificing route frequency. U.S. Low-No Emission Bus grants earmark more than US$1.5 billion per year, with bid specifications that explicitly reference rapid-charge capability. Parallel subsidy programs in China reimburse up to CNY 80,000 (US$ 11,396) per new-energy bus, accelerating volume deployment in provincial capitals. Hybrid and BEV: Regenerative braking and high-C-rate acceleration favour the use of LTO batteries. Use in fast-charge EV stations is growing rapidly as ride-hailing fleets adopt swap-ready models. Stationary Storage: Utility-scale batteries now cycle multiple times per day for frequency regulation, peak shaving, and voltage support. Energy-storage-system integrators adopt LTO batteries for grid-frequency response where state-of-charge swings are shallow but frequent. Industrial Robotics: LTO batteries are used in continuous-duty forklifts that require partial charges during operator breaks. Aerospace and Defense: Unmanned aerial vehicles, missile auxiliaries, and soldier-worn power banks operating from -40 °C to +60 °C ambient. 5-minute Battery-Swap Stations: Battery-as-a-service platforms require ultra-fast turnaround and high cycle life. CATL confirmed plans to install 1,000 swap stations in 2025 and 30,000-40,000 by 2030, each requiring packs that tolerate thousands of rapid exchanges without degradation. Sub-10 kWh Packs: Cordless construction tools, autonomous ground vehicles, and medical carts select LTO batteries to bypass daily pack swaps. 12V starter replacement to Lead acid: GMG's G+AI battery technology would be a viable 12 V starter-battery replacement for lead-acid, offering lower weight, longer cycle life, good low-temperature performance and improved cold-cranking capability, together with excellent tolerance to storage at 0% state of charge. In suitable system designs, the chemistry's stable voltage behaviour can also reduce balancing requirements and simplify battery management, helping to lower overall system cost. Lifecycle Procurement Preference: Many government procurement frameworks now weigh lifecycle reliability higher than purchase price. For example, New Mexico awarded a US$ 400 million bus electrification contract that included stringent thermal-runaway resistance metrics. Europe's Clean Industrial Deal allocates capital for storage technologies that stabilize renewables, aligning well with LTO batteries' fast-response profile. Cylindrical Cells: accounted for 37.7% of LTO battery sales in 2024 as entrenched production lines and robust steel casings satisfied heavy-duty demand. Pouch designs address aerospace weight requirements and constrained dashboards in autonomous robots. Summary of Important Milestones for GMG's G+AI Battery Development: Month Important Milestones in the Development of the Graphene Aluminium Ion Battery May 2020 GMG and UQ win Australian Research Council grant for Graphene battery development https://graphenemg.com/gmg-and-uq-wins-australian-research-council-grant-for-graphene-aluminium-ion-battery-development/ Apr 2021 The University of Queensland and GMG kick off coin cell battery development project https://graphenemg.com/gmg-the-university-of-queensland-research-uni-quest-kick-off-the-graphene-enhanced-aluminium-ion-battery-development-project/ May 2021 Graphene aluminium-ion battery performance data - Energy Density and Power Density https://graphenemg.com/gmg-graphene-aluminium-ion-battery-performance-data/ Jun 2021 Graphene aluminium-ion battery performance data - Cycle Life https://graphenemg.com/graphene-aluminium-ion-battery-performance-data/ Jun 2021 Significant potential battery customer market response to launch of battery https://graphenemg.com/gmg-graphene-aluminium-ion-battery-progress-update/ Jul 2021 Investment decision for coin cell battery development centre https://graphenemg.com/gmg-battery-pilot-plant-investment/ Oct 2021 Construction starts for coin cell battery development centre https://graphenemg.com/construction-battery-pilotplant/ Oct 2021 Bosch Australia Manufacturing Solutions and GMG sign Letter of Intent https://graphenemg.com/gmg-and-bosch-sign-collaboration-arrangement-for-bosch-to-design-and-deliver-gmgs-graphene-aluminium-ion-battery-manufacturing-plant/ Dec 2021 Commencement coin cell battery development centre https://graphenemg.com/battery-pilot-plant/ Dec 2021 Initial coin cell batteries sent for customer feedback https://graphenemg.com/graphene-aluminium-battery-customers-prototypes/ Mar 2022 Initial factory acceptance testing of semi-automated prototype battery cell assembly equipment https://graphenemg.com/gmg-announces-initial-factory-acceptance-testing-of-semi-automated-prototype-battery-cell-assembly-equipment/ Mar 2022 Wood Engineering and GMG Sign a Letter of Intent https://graphenemg.com/gmg-and-wood-agree-collaboration-arrangement-for-wood-to-engineer-and-deliver-major-graphene-manufacturing-expansion-projects/ May 2022 Rio Tinto and GMG sign Letter of Intent https://graphenemg.com/gmg-riotinto-energysavings-battery/ Jun 2022 Commissioning of Pouch Cell Equipment https://graphenemg.com/gmg-manufactures-first-pouch-cell/ Jun 2022 Bob Galyen, former chief technology officer of CATL, joins GMG technical advisory committee. https://graphenemg.com/gmg-technical-advisory-committee-leadership-team-additions-and-cfo-change/ Aug 2022 Investment decision for Phase 1 modular Graphene Production Plant https://graphenemg.com/gmg-announces-phase-1-expansion-project-to-graphene-manufacturing-facility-for-energy-saving-products-and-batteries/ Oct 2022 Significant battery performance, cell and graphene production improvements https://graphenemg.com/gmgs-battery-update-significant-battery-performance-cell-and-graphene-production-improvements/ Dec 2022 Investment of $600k Battery Development Centre https://graphenemg.com/gmg-invests-au-600000-to-accelerate-battery-pouch-cell-customer-testing-development-in-2023/ Feb 2023 Australian Government Approval (AICIS) for production and sale of batteries. https://graphenemg.com/gmg-receives-regulatory-approval-to-enable-significant-commercial-sales/ May 2023 Battery Joint Development Agreement with Rio Tinto signed https://graphenemg.com/gmg-announces-battery-joint-development-agreement-with-rio-tinto/ May 2023 Battery Technology Readiness Level (BRTL) 2-3 reached https://graphenemg.com/gmg-announces-battery-team-and-related-updates/ May 2023 Decision to switch to develop Pouch Cells (instead of Coin Cells) https://graphenemg.com/gmg-announces-battery-team-and-related-updates/ Jul 2023 Bob Galyen former chief technology officer of CATL joins GMG board of Directors https://graphenemg.com/graphene-manufacturing-group-appoints-former-chief-technology-officer-of-catl-limited-to-its-board-of-directors/ Sep 2023 Battery Pouch Cell Prototypes Multilayered Auto-Stacker Demonstration https://graphenemg.com/gmg-graphene-aluminium-ion-battery-pouch-cell-prototypes-multilayered-auto-stacker-demonstration/ Sep 2023 Reaching 500 mAh capacity battery https://graphenemg.com/gmg-achieves-500mah-graphene-aluminium-ion-battery-prototype-in-pouch-cell-format/ Sep 2023 Battery Technology Readiness Level (BRTL) 4 reached https://graphenemg.com/gmg-achieves-500mah-graphene-aluminium-ion-battery-prototype-in-pouch-cell-format/ Nov 2023 Rio Tinto and GMG Partnership Video Launched https://graphenemg.com/rio-tinto-gmg-battery-partnership-video-launch/ Dec 2023 Commissioning of modular Graphene Production Plant https://graphenemg.com/graphene-manufacturing-group-commissions-modular-graphene-production-plant/ Feb 2024 1000 mAh Capacity Reached https://graphenemg.com/gmgs-graphene-aluminium-ion-battery-1000-mah-capacity-reached-and-next-steps-toward-commercialisation/ Mar 2024 Graphene Manufacturing Group Secures AU$2 million Funding Grant from Queensland Government for Battery Pilot Plant https://graphenemg.com/graphene-manufacturing-group-secures-au2-million-funding-grant-from-queensland-government-for-battery-pilot-plant/ Aug 2024 GMG's Graphene Aluminium-Ion Battery: Progress Update and Next Steps Toward Commercialisation https://graphenemg.com/gmgs-graphene-aluminium-ion-battery-progress-update-and-next-steps-toward-commercialisation/ Mar 2025 GMG's Graphene Aluminium-Ion Battery: Collaboration with World Leading USA Battery Innovation Centre and Next Steps Toward Commercialisation https://graphenemg.com/gmgs-graphene-aluminium-ion-battery-collaboration-with-world-leading-usa-battery-innovation-centre-and-next-steps-toward-commercialisation/ About BIC: BIC is a collaborative initiative designed to incorporate leadership from renowned universities, government agencies, and commercial enterprises. BIC is a public-private partnership and a not-for-profit organization focusing on the rapid development, testing and commercialization of safe, reliable and lightweight energy storage systems for defense and commercial customers. BIC is a unique organization that has been leading battery cell development for world leading battery companies for over 10 years and has carried out over 500 battery development projects. About GMG GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications. 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 initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines. 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"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries. GMG's 4 critical business objectives are: Produce Graphene and improve/scale cell production processes Build Revenue from Energy Savings Products Develop Next-Generation Battery Develop Supply Chain, Partners & Project Execution Capability For further information please contact: Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223 Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041 www.graphenemg.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the lower cost to produce GMG G+AI batteries, expectations for GMG G+AI batteries in respect of charging time, energy density, life cycle, safety, thermal runway risk and the need for a thermal management system when development is completed, that the new hybrid electrolyte is chloride free and non-corrosive, that the cathode and anode technology employed enables very fast and stable charging, that GMG G+AI batteries provide significant cost and weight savings relative to copper, that G+AI batteries can achieve over 150 Wh/kg charged over 1 hour and 75 Wh/kg when charged over 6 minutes following further development of cathode, anode, electrolyte and component weights, that G+AI batteries will progress to BTRL 7 and 8, that the timeline for the battery cell roadmap is achievable, that a range of global companies in a variety of industries will be interested in working with GMG, that the battery pack design will be plastic and which offers weight, cost and complexity advantages to a metal case and increased energy density, expectations for the lack of a thermal management system or fireproofing precautions, expectations for material and manufacturing costs, expectations for sales of LTO batteries, expectations for G+AI batteries being substitutable for LTO batteries at lower cost, expectations that G+AI batteries are viable 12V starter battery replacements and the rationale therefor and the advantages of pouch design for aerospace weight requirements and constrained dashboards of autonomous robots. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions that GMG G+AI batteries can be produced at lower cost, as to charging time, energy density, life cycle, safety, thermal runway risk and the need for a thermal management system for G+AI batteries, the speed and stability of charging, that G+AI batteries will progress to BTRL 7 and 8, that a range of global companies in a variety of industries will be interested in working with GMG, that the battery pack design will be plastic and offer weight, cost and complexity advantages to a metal case and increased energy density, that the service agreement with the BIC will enable the Company to optimize its cell design and battery manufacturing equipment, and that the Company will be able to meet its overall timeline on the battery cell roadmap. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that GMG G+AI batteries cannot be produced at lower cost, or any of the assumptions as to charging time, energy density, life cycle, safety, thermal runway risk and the need for a thermal management system for G+AI batteries can not be achieved, G+AI batteries do not offer expected speed and stability of charging, that G+AI batteries will not progress to BTRL 7 and 8, that a range of global companies in a variety of industries will not be interested in working with GMG, that the battery pack design will not be plastic and not offer weight, cost and complexity advantages to a metal case and increased energy density, that the Company will not be able to optimize the electrochemical behaviour of the pouch cell through laboratory experimentation or at all, that the Company will not be able to meet its overall timeline on the battery cell roadmap, that the service agreement with the BIC will not enable the Company to optimize its cell design and battery manufacturing equipment and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 04, 2025 available for review on the Company's profile at www.sedarplus.ca. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. [1] Lithium Titanate Oxide Battery Market Size, Share & 2030 Growth Trends Report [2] LFP: https://www.evlithium.com/catl-battery-cell/catl-150ah-lifepo4-battery-cell.html LNMC: https://keheng-battery.com/product/catl-nmc-3-7v-151ah-high-energy-density-battery-for-ev/ LTO: https://www.global.toshiba/ww/products-solutions/battery/scib/product-next/product/cell/high-power.html Lead Acid: https://www.altronics.com.au/p/s4530-12v-3.5ah-sealed-lead-acid-sla-battery/?srsltid=AfmBOoqZGMEIsX__YYOuRLC3nvYDFtNkf35qZYuYeoh3ACf4wrrOLISD [3] https://findingspress.org/article/21459-impact-of-charging-rates-on-electric-vehicle-batt [4] High-power type cells | SCiB™ Rechargeable battery | Toshiba [5] https://www.ritarpower.com/industry_information/The-Price-of-50-kWh-Lithium-Ion-Batteries-A-Comprehensive-Analysis_297.html#:~:text=Lithium%20Titanate%20(LTO)%20Batteries%3A,cost%20between%20%2440%2C000%20and%20%2460%2C000. [6] https://www.grepow.com/blog/battery-energy-density.html [7] Lithium Titanate Oxide Battery Market Size, Share & 2030 Growth Trends Report The issuer is solely responsible for the content of this announcement.
BEIJING, July 18, 2023 /PRNewswire/ -- Recently, the collective region of Beijing-Tianjin-Hebei functioned as the stage for the significant Fifth Graphene Symposium, resonating under the thoughtful and all-encompassing theme, "Embracing New Visions of Graphene and Steering the Carbon Future". This pivotal symposium transpired in the historically-rich district of Fangshan, Beijing, specifically in Yanshan. The event was graced by an assembly of over 500 delegates, comprising eminent functionaries from governmental bodies, respected researchers hailing from Beijing, Tianjin, and Hebei, luminaries from the various innovation centers within the graphene industry, as well as various stakeholders from across the graphene industry chain. The objective was a comprehensive exchange and showcase of advanced research findings, insightful discourse on commercialization methodologies, and an evaluative discussion on the trajectory of the new material industry. The 5th Beijing-Tianjin-Hebei Graphene Conference in 2023, the Launching Ceremony of the Steering Committee of the International Carbon Materials Union (ICMU) The Symposium was hosted by a coalition comprising the Beijing Municipal Bureau of Economy and Information Technology, Beijing Municipal Science and Technology Commission, Administrative Commission of Zhongguancun Science Park, and the Fangshan District People's Government of Beijing Municipality. It was jointly organized by the Beijing Institute of Graphene Technology and the Beijing Association for Advanced Carbon Industry Promotion, among others. Distinguished academics, including Nobel Laureate Professor Konstantin Novoselov and esteemed scholars such as Jiang Shicheng, Liu Yunqi, and Wang Shouguo, were invited to contribute their expert knowledge at this convention. They each delivered comprehensive lectures on the latest advancements in the field, focusing on the wide-ranging applications and future prospects of graphene in sectors encompassing new energy, environmental conservation, and electronics. The conference served as the seminal venue for the official inauguration of the Steering Committee of the International Carbon Materials Union (ICMU) and the International Cooperation and Exchange Base of the Beijing Graphene Industry Innovation Center. These notable establishments are anticipated to be catalysts for further domestic and international collaborations in the graphene and carbon materials industry within the Beijing-Tianjin-Hebei region, while fostering synchronous development. Prominent figures, including the Director of the National Graphene Institute, Vladimir Falko; Antonio Correia, President of the Phantoms Foundation; Thoroh de Souza, Chair of the Graphene and Nanomaterials Research Center in Brazil; Matt Walker, a former official of the UK Department for International Trade; and Denis Koltsov, Chair of the ISO Technical Committee 299 on Nanotechnologies, extended their felicitations to the conference via recorded video messages. During the contractual segment of the conference, more than 30 corporations and institutions participated in agreement signings. Of particular interest was the Yanshan Cloud Industrial Park in the Fangshan District of Beijing. Concentrating on innovative display materials, graphene, and hydrogen energy, it has enabled a "1+3" industrial agglomeration development and currently accommodates 145 enterprises. In addition, the Beijing Advanced Carbon Materials Industrial Equity Fund was inaugurated with a cumulative scale of CNY 5 billion, providing a substantial impetus for the synchronous development of the graphene industry in the region. The product release section of the conference witnessed multiple institutions showcasing their trailblazing graphene products, underscoring the exceptional potential of graphene and aiding in bolstering its market presence. The exhibition portion of the conference displayed the fruits of research in graphene and other new materials from 28 institutions, with a total of 144 exhibits showcased. An application forum was an additional highlight of the symposium, where panelists engaged in a comprehensive discourse on high-end synthetic materials, the industrial application of graphene thermal management technology, and the potential of graphene in the realm of high-efficiency energy storage. The Beijing-Tianjin-Hebei Graphene Symposium has progressively established itself as an influential international platform for academic exchange in recent years. Going forward, the Fangshan District aims to create a cohesive innovation platform for industries within the region, augment international collaborations, and foster the coordinated development of graphene and carbon materials industries in the region.
Highlights Production of 600 tonnes of low carbon PureGRAPH® enhanced cement to go ahead in December targeting several client applications Concrete roof tiles containing PureGRAPH® enhanced cement to be trialed by specialist precast concrete manufacturer and supplier FP McCann Morgan Sindall to use graphene enhanced cement for ground slabs in London railway infrastructure project Breedon to construct concrete demonstration site at Hope Cement Works for EV charging infrastructure SYDNEY, Nov. 4, 2025 /PRNewswire/ -- First Graphene Limited (ASX:FGR; "First Graphene" or "the Company") is pleased to announce a raft of new trial projects to roll out in the UK containing PureGRAPH® enhanced cement produced by commercial partner Breedon Group PLC ("Breedon"). Breedon will produce approximately 600 tonnes of cement incorporating circa three tonnes of PureGRAPH® CEM at its Hope Cement Works in Derbyshire, UK. This will in turn be distributed to numerous material, construction and academic partners in the UK looking to benefit from material performance improvements and carbon reduction associated with graphene enhanced cement (GEC) and concrete products. It is anticipated CO2 emissions associated with cement production will reduce by approximately 16% thanks to the partial replacement of carbon intensive clinker. Several other organisations have requested material to be tested in their respective applications. FP McCann to test graphene in concrete roof tiles FP McCann is utilising between 40 and 60 tonnes of graphene enhanced cement in the production of thousands of roof tiles at its Cadeby manufacturing plant in Leicestershire, which will then be tested at the company's R&D facility at Knockloughrim. This aspect of the trial forms part of a successful application for a Contracts for Innovation with the Department for Energy Security and Net Zero (DESNZ) and Defra: Resource Efficient Construction Impacts project funded by UK Government[1], of which A$30,000 is for the supply of graphene enhanced cement and other raw materials. Cadeby has traditionally used large quantities of CEM I and fine aggregate in the production of millions of concrete roof tiles annually. Manufacturing at this scale relies on strict process control, where even small variations can have a negative impact in production efficiency. The trial project will replace CEM I with GEC, which incorporates graphene nanoplatelets to reduce carbon without compromising product strength. Example of FP McCann's concrete tiles Testing and tile quality assessment will be carried out for approximately five months following their manufacture looking at realising material use efficiencies and reducing waste. FP McCann's trial has partially been designed in response to the UK housing shortage crisis and Government's plan to deliver 1.5 million affordable, sustainable new homes. This involves combatting rising material cost constraints by making cost effective, low carbon construction solutions available to the construction market. Morgan Sindall gears up to lay graphene ground slabs Meanwhile the high-end infrastructure division of Morgan Sindall Group PLC plans to use concrete batched by Capital Concrete in railway infrastructure ground slabs in London. Morgan Sindall has previously successfully tested graphene enhanced concrete containing PureGRAPH® to build a high use truck wash bay on a motorway in the UK. This new collaboration will involve two tonnes of cement for a concrete batch, which will be used primarily in ground slabs while a smaller test slab will be poured for durability testing, monitoring and measuring. Remaining concrete will be used to produce samples for a suite of standard strength tests. Breedon trial reflects decarbonisation targets As the manufacturer of graphene enhanced cement, Breedon plans to conduct pre-trial equipment inspections at Hope Cement Works this month with production to commence December 2025. Having already proven up carbon emissions reduction and performance improvements of cement produced with PureGRAPH®, Breedon is a valued commercial partner of First Graphene and has strong commitments to manufacturing more sustainable construction materials. Some of the trial material will be used in the construction of a concrete slab at Hope Cement Works integrating EV charging infrastructure for staff and visitors. First Graphene Managing Director and CEO Michael Bell said: "This is a dynamic approach to trialling graphene enhanced construction material formulated by First Graphene and produced in collaboration with our strategic commercial partner Breedon. We know the cement and concrete sector has one of the highest volume potentials for graphene integration into product, and we're proud to supply three tonnes of our Aqua Dispersed PureGRAPH® to build the foundation of this 600-tonne cement trial. While there has been some delay to trial production at this scale, it has allowed our partners to secure appropriate infrastructure projects and construction schedules to put Breedon's GEC to use. Naturally, we're very excited to be working alongside some of the UK's premier construction and materials organisations – Morgan Sindall and FP McCann – with ongoing support from the University of Manchester to bring this trial to fruition." About First Graphene Ltd (ASX: FGR) First Graphene Limited is focused on the development of advanced materials to help industry improve. The Company is a leading supplier of graphitic materials and product formulations with a specific commercial focus on large, high-growth global markets including cement and concrete; composites and plastics; coatings, adhesives, sealants and elastomers (CASE); and energy storage applications. One of the key outcomes these advanced materials offer is the reduction of carbon dioxide emissions, whether directly through a reduction in output of these harmful greenhouse gases or lower energy usage requirements in manufacturing, or indirectly due to enhanced performance characteristics and extending the usable life of products. First Graphene has a robust manufacturing platform based on captive and abundant supply of high-purity raw materials, and readily scalable technologies to meet growing market demand. As well as being the world's leading supplier of its own high performance PureGRAPH® graphene product range, the Company works with multiple industry partners around the world as a supplier of graphitic materials and partner to research, develop, test and facilitate the commercial marketing of a wide range of sector-specific chemical solutions. First Graphene Ltd is publicly listed in Australia (ASX:FGR) and has a primary manufacturing base in Henderson, near Perth, WA. The Company is incorporated in the UK as First Graphene (UK) Ltd where it has a strong R&D capability.
BERLIN, Sept. 6, 2025 /PRNewswire/ -- At IFA 2025, Midea introduces its latest breakthrough in kitchen innovation: Graphene Heating Technology. Demonstrated at the IFA exhibition in Main Hall 5.1, this cutting-edge advancement highlights Midea's role as a pioneer in graphene applications, delivering faster, more energy-efficient, and precise cooking experiences across its product range. Schematic diagram of the graphene heating tube independently developed by Midea, which has been fully applied across its oven lineup. Next-Generation Cooking with Graphene Heating Tube Graphene, often described as a "Supermaterial," offers exceptional thermal conductivity, high-temperature resilience, and outstanding durability. Compared with conventional heating tubes, Midea's graphene-enhanced tubes transfer heat more quickly, withstand higher temperatures, and significantly shorten preheating times, transforming everyday cooking into a faster, more efficient, and reliable process. Fast, Energy-Efficient, and Precise Midea's graphene technology enables preheating-free air frying and faster oven heating. Internal lab tests demonstrated substantial time savings while maintaining consistent, high-quality results. Midea's graphene heating tubes reached 1300°C instantly in just 0.2 seconds, a breakthrough that enables preheating-free air frying and oven cooking. Building on this rapid response, graphene technology delivers remarkable time savings across a variety of dishes: Homemade Bread: 25 minutes vs. 49 minutes – 49% faster Beef Meatloaf: 70 minutes vs. 110 minutes – 36% faster Sponge Cake: 33 minutes vs. 40 minutes – 18% faster By reaching target temperatures almost instantly, graphene reduces overall cooking times and energy use without compromising taste or texture. Far-Infrared Cooking for Superior Results Graphene tubes emit powerful near-infrared radiation, nearly twice as effective as quartz or metal tubes. This advanced heating achieves rapid, appetizing browning while locking in moisture, delivering tender interiors and professional-quality results across meats, breads, and delicate pastries at home. Enhanced Visibility and Culinary Ease Graphene heating tubes shine brighter than traditional elements. Paired with halogen lighting, they provide a clear view of dishes without opening the oven door, giving users confidence and control throughout the cooking process. Culinary Creativity Made Simple With rapid heating and precise temperature management, Midea's graphene-enhanced ovens support a wide range of pre-set programs for everyday and gourmet dishes. From Cannelés and Madeleines to Roast Chicken with Foie Gras or St. Louis-style Spare Ribs, even novice cooks can achieve consistent, professional-quality results. Sustainable Innovation Durable and energy-efficient, graphene heating technology reflects Midea's commitment to sustainability and innovation, delivering reliable performance while reducing energy consumption. Experience Midea's graphene-enhanced ovens firsthand at IFA 2025, Main Hall 5.1, and discover how the company continues to redefine home cooking with innovative, cross-product solutions. For more information on Midea's innovations, visit the official Midea website. About MIDEA Founded in 1968, Midea Group is a Fortune Global 500 technology leader dedicated to improving lives through innovation. Specializing in Smart Home, Industrial Technologies, Robotics & Automation, Healthcare & Medical, and Smart Logistics, Midea delivers solutions that make life more comfortable. Operating 48 production centers, over 200 subsidiaries, and 60 overseas branches, Midea's portfolio of brands—including Midea, Little Swan, Toshiba, COLMO, Eureka, and KUKA—reaches millions of families worldwide.
Highlights Production of 600 tonnes of low-carbon PureGRAPH® enhanced cement successfully completed by one of the UK's largest cement producers Graphene enhanced cement will be used by multiple end users in a range of applications, including concrete roof tiles for sustainable housing First Graphene will work with FP McCann, Morgan Sindall and Breedon to ensure streamlined pouring of PureGRAPH® enhanced concrete across projects Several other UK and Australian organisations have requested volumes of the trial material for testing in their respective fields. SYDNEY, Dec. 18, 2025 /PRNewswire/ -- First Graphene Limited (ASX:FGR; "First Graphene" or "the Company") is pleased to announce the successful production of approximately 600 tonnes of graphene enhanced cement ahead of a raft of new trial projects rolling out in the United Kingdom. The high tonnage of cement contains circa three tonnes of First Graphene's PureGRAPH-CEM® additive and was produced by commercial partner Breedon Group PLC ("Breedon") at its Hope Cement Works in Derbyshire. Production of this historic volume of graphene enhanced cement marks a major milestone for the cement and concrete industry, showcasing the commercial viability of manufacturing a more environmentally friendly product at scale. Manufacturing was completed efficiently at Hope Cement Works over one day, with PureGRAPH-CEM® being added into the finally milling stage. The graphene enhanced cement enables users to reduce their CO2 footprint by up to 16% due to the reduced amount of carbon intensive 'clinker' required. The PureGRAPH® enhanced cement is currently in storage ahead of despatch for use in concrete for three main projects across the United Kingdom, and for the University of Manchester to conduct compressive strength testing and analysis of the concrete's performance. First Graphene Managing Director and CEO Michael Bell said: "Production of 600 tonnes of cement containing our PureGRAPH-CEM® is a historic milestone in our journey, showcasing our product's viability for production at scale. Adding graphene into cement has proven to deliver performance benefits for a wide range of applications, and multiple end uses of this cement batch reinforces PureGRAPH®'s versatility. We look forward to working closely with our strategic commercial partner Breedon, Morgan Sindall, FP McCann and the University of Manchester as application trials roll out over coming months." Strong and sustainable concrete roof tiles The first trial will see 30 to 40 tonnes of graphene enhanced cement incorporated into thousands of roof tiles produced by FP McCann at its Cadeby manufacturing plant in Leicestershire. These tiles will be tested for material use efficiencies and waste reduction benefits over five months at the company's research and development facility in Knockloughrim. The trial is part of a Contracts for Innovation: Resource Efficient Construction Impacts project funded by Innovate UK[1], with £15,000 allocated for the supply of graphene enhanced cement. FP McCann designed the trial in response to ongoing housing shortages in the UK and to assist with the UK Government's plan to deliver more than one million affordable and sustainable new homes by 2029. The PureGRAPH® enhanced cement will also be used for two infrastructure projects in the UK, delivered in partnership with the high-end infrastructure division of Morgan Sindall Group PLC and Breedon. First Graphene has also received requests from multiple other organisations across the UK and Australia for experimental volumes of the material for testing across a wide range of applications. As one of the UK's largest cement producers, Breedon has a deep commitment to manufacturing sustainable construction materials, reinforced by the use of graphene enhanced cement at its production facility. First Graphene has previously collaborated with both Breedon and Morgan Sindall to successfully test graphene enhanced concrete as part of a high use truck wash bay on a UK motorway. [1] https://iuk-business-connect.org.uk/opportunities/contracts-for-innovation-resource-efficient-construction-impacts/
Highlights First Graphene enters exclusive agreement to develop, produce, market and sell graphene-based carbon paste products with Halocell Australia Carbon paste is a conductive coating used to improve performance across a range of flexible printed electronics, energy generation and storage devices Market-ready product already used in perovskite solar cells manufactured by Halocell and has a wide array of common applications SYDNEY, Nov. 26, 2025 /PRNewswire/ -- First Graphene Limited (ASX:FGR; "First Graphene" or "the Company") is pleased to announce it has entered an exclusive Licence Agreement ("Agreement") with Halocell Australia ("Halocell") to manufacture, market and sell graphene enhanced carbon paste. The 12-month Agreement gives First Graphene global exclusivity over development and sale of the PureGRAPH® containing product, with Halocell receiving a 10% royalty on sales as well as using the product in manufacturing its commercially available perovskite solar cells ("PSC"). This is an addition to the existing Joint Development Agreement and Cooperative Research Centre Project (CRC-P) Partners Agreement reached in June 2022 and August 2023 respectively. Market-ready product with multiple sector applications Under the pre-existing CRC-P Partners Agreement, FGR and Halocell have successfully investigated and introduced graphene to carbon paste with a focus on fine tuning formulation, concentrations, components and syntheses. The paste is already used in the manufacture of Halocell's PSCs, which has doubled PSC efficiency to more than 30% and dramatically reduced production costs via roll-to-roll ("R2R") deposition technology producing thin-film perovskites. It is preferred over traditional conductors such as gold because of significant material and production cost reductions while maintaining high performance output and enhancing robustness. Halocell's indoor PSCs are already sold in the global market for use in small electronic devices due to their ability to achieve high power conversion efficiency in low light conditions. There are 44 additional devices identified across the satellite, aerospace, IoT, electronics and renewable energy sectors that could benefit from PSC technology (refer ASX announcement 27 August 2025). Halocell, in partnership with V-Tol Aerospace and Li-S (ASX:LIS), is already developing a lightweight power solution including next generation solar and batteries to significantly increase the flight duration of electric powered drones. The graphene-based carbon paste can also be applied to a range of conductive applications such as heating systems and sensors, ceramic coatings, electrodes and electrochemical mixes. Manufacturing sample graphene enhanced carbon paste material at First Graphene's Henderson facility is planned to commence within the next month. First Graphene Managing Director and CEO Michael Bell said: "First Graphene and Halocell's partnership is going from strength to strength, introducing PureGRAPH® to accelerate solar technology improvements and bringing enhanced PSCs to market. Through this Agreement, we can leverage carbon paste intellectual property already developed and take this product to global markets, which is mutually beneficial to Halocell in meeting their own ambitious manufacturing targets to help meet growing product demand for PSCs. While the carbon paste market is set to more than double to circa US$2.8 billion by 2032, the real opportunity comes from the multitude of applications and products that can benefit from better performance, longevity and efficiency our PureGRAPH® offers." Halocell Australia CEO Paul Moonie said: "Working with FGR to introduce functionalised graphene into our perovskites has produced groundbreaking module efficiency and R2R production results. We see this additional agreement as an excellent opportunity to market graphene-enhanced carbon paste to technology developers around the world and demonstrate how Australian manufacturing is at the forefront of this new age material revolution."
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