The KE Report

Graphene Manufacturing Group - Gen 2 Plant Update, Question On THERMAL-XR® Revenue, G® Lubricant, SUPER G®, Batteries

Mar 6, 2026
Craig Nicol, founder and CEO of Graphene Manufacturing Group, leads the company’s move to commercial-scale graphene and product commercialization. He outlines the Gen2 plant scaling to 10 tonnes, real-world testing with Tickford Racing, THERMAL‑XR’s path to EPA consent and data center cooling potential, progress on G® Lubricant and SUPER G® trials, and development of graphene aluminum‑ion batteries.
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INSIGHT

Focus On High Value Products Not Powder Sales

  • GMG is prioritizing finished products (Thermal-XR, G Lubricant, Super G, aluminum-ion battery) over selling raw graphene.
  • Craig Nicol says customers' demand for those products appears large enough that GMG will scale production to meet end-market needs rather than commodity sales.
INSIGHT

Salesforce Expansion Will Drive Production Planning

  • GMG is building a sales and operations plan tied to regional demand and pack sizes as its 15+ person global salesforce converts test orders.
  • Craig Nicol notes many orders are currently small test shipments that will validate larger commercial contracts.
ADVICE

Wait For Operational Data Before Cost Claims

  • GMG expects Gen 2 to materially reduce per-kilogram gas and labor costs while increasing electricity use, yielding world-class production costs.
  • Craig Nicol says final per-kilogram figures will be released once the plant is operational.
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