Graphene Manufacturing Group Ltd (TSE:GMG) has released an update.
Graphene Manufacturing Group Ltd. has announced a strategic restructure aiming to slash operational costs by AU$4.5 million annually, with efforts focused on merging teams and improving plant operations, while driving forward its key objectives such as next-generation battery development and revenue growth from energy-saving products. The company is also preparing for expansion by engaging with potential strategic investors and seeking government grants, as it progresses towards commercialization and enhances its market presence in the U.S. through the OTCQX listing.
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