Graphene Manufacturing Group – Battery Joint Development Agreement With Rio Tinto and A Focus On Pouch Cell Batteries
Craig Nicol, CEO of Graphene Manufacturing Group (TSX.V:GMG) joins me to recap the May 17th news release reporting a battery Joint Development Agreement (JDA) with Rio Tinto. I also have Craig answer questions you all have sent in focused on the battery division and possible government funding.
Starting with the JDA with Rio Tinto, we discuss the A$6million that Rio is contributing in exchange for preferential access rights and the types of batteries Rio is interested in from GMG. The news also states that due to “significant customer feedback” GMG will re-prioritize its energies to developing pouch cell batteries.
This news ties in with a number of questions you all have sent in. I isolated the battery specific questions and more general questions on potential funding from a range of governments.
Please keep sending me your questions for Craig. My email address is Fleck@kereport.com.
Click here to visit the GMG website and read over the recent news.
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