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
Read more: https://www.acnnewswire.com/press-release/english/104231/