Skip to main content
← All Experts

Craig Nicol

CEO & Managing Director | Graphene Manufacturing Group | Advanced Materials Commercialization

"Leading the commercialization of graphene-based energy solutions including lubricants, coatings, and aluminium-ion battery technology"

Mining Executive

Biography

Craig Nicol serves as the CEO and Managing Director of Graphene Manufacturing Group (GMG), an Australian-based advanced materials company focused on producing graphene and developing graphene-enhanced products for the energy, industrial, and automotive sectors. Under Nicol's leadership, GMG has positioned itself as one of the few publicly traded companies successfully commercializing graphene applications at scale, moving beyond raw material production into proprietary finished products with global patent protection.

Nicol has overseen the development and commercialization of several key graphene-based products, most notably THERMAL-XR®, a graphene-based coating for heat transfer enhancement, and G® LUBRICANT, a graphene engine oil additive that has demonstrated fuel efficiency improvements in extensive testing spanning over four years. The G® LUBRICANT product has secured patent grants in the United States and patent allowances in China and Europe, positioning GMG to access major global markets in the multi-trillion dollar liquid fuels industry. Nicol has emphasized the product's transformative potential for energy efficiency and emissions reduction in the global liquid fuels sector.

A significant component of Nicol's strategic vision for GMG is the company's graphene aluminium-ion battery (G+AI Battery) program, conducted in partnership with the University of Queensland. This next-generation battery technology has undergone testing at the Battery Innovation Center in the United States, with Nicol providing regular updates on performance milestones, technology readiness levels, and patent filings related to novel battery chemistry and components. The development of a chloride-free, non-corrosive hybrid electrolyte has been highlighted as a key innovation enabling stable, rapid charging over hundreds of cycles.

Nicol has been a frequent participant in mining and resource investment media, including appearances on the Korelin Economics Report, where he engages directly with retail and institutional investors on GMG's progress, production scale-up with the Gen 2 graphene unit, and corporate strategy initiatives including potential U.S. listings. His transparent communication style and willingness to address investor questions directly have made him a recognizable figure among investors following advanced materials and battery technology companies in the resource sector.

Videos (7)

6-Minute Fast Charging Without Wear: Graphene Battery Breakthrough

6-Minute Fast Charging Without Wear: Graphene Battery Breakthrough

guest Sep 17, 2026
  • Top takeaway Nicol argues the near-500 six-minute-charge test result with no performance loss is a step change in battery technology and that it puts GMG into the next level of battery developers, with a commercial product close.
  • He attributes the fast-charge durability to a non-lithium electrolyte plus graphene's ability to move and spread heat, which he frames as the core of GMG's business.
  • He says the battery is simple in construction, being aluminium foil on both sides and a cathode GMG developed itself, and that GMG makes the materials from mined raw materials through full assembly in-house.
  • On replication, he says the cell will be built under a patent and, once granted, licensable, which is why he expects GMG to license the process and supply materials to other cell makers.
  • He says GMG is starting to speed up the final pre-commercial phase, sending samples to a handful of large companies that have been patient for years, and expects more announcements to shareholders.

Independent testing showed GMG's graphene cells held up through nearly 500 six-minute charges with no performance loss, versus fast-charging rivals that degrade quickly. The CEO credits a non-lithium electrolyte and graphene's heat-spreading ability, claiming ions move roughly a thousand times faster than in a standard lithium cell. The guest concedes others will eventually be able to replicate the cell, but argues in-house graphene production is the harder barrier. Samples go out to waiting commercial buyers, with the CEO calling this the last phase before pre-commercial scale-up. The model is licensing technology into idle plants: the CEO says global battery capacity runs three times demand, leaving two-thirds empty.

Graphene Manufacturing Group - Launching G FLUID⁠™, Battery Development Update, Scaling G® LUBRICANT

Graphene Manufacturing Group - Launching G FLUID⁠™, Battery Development Update, Scaling G® LUBRICANT

guest Aug 26, 2026
  • Top takeaway Argues G-Lubricant is the most under-appreciated product, claiming it `invents a new category` rather than competing; cites ~15% fuel savings from customers (vs. typical ~3% friction removal), says there are no real competitors, OEMs are now testing, and the big oil companies have started reaching out.
  • Presents G-Fluid as fully market-ready with a near-term path through existing Thermal XR and G-Lubricant distributors; expects significant bulk sales before end of 2026, and frames the value proposition as additive on both metal-to-air and fluid-to-metal heat-transfer sides of a cooling loop.
  • On the battery, stresses that cycle-life testing is the final frontier before commercial release and that GMG is stress-testing zero-to-100% cycling in 6 minutes (versus typical 20-80% tests); reframes the product as a `lightning graphene cell` brand and pitches the full brand-plus-license-plus-materials solution to fill idle global battery-plant capacity.
  • Frames G-Fluid as a `two-for-one` product - heat-transfer gain plus antibacterial (Legionella-killing) effect at 0.01% graphene - and sizes the addressable global coolant market at $16B today, growing to ~$30B on data-center demand.
  • On G-Lubricant commercialization, warns that big-oil product launches take 3-5 years and that GMG is working around incumbents via OEMs, early adopters, and regional distributors; says partnerships are largely NDA-bound because countries and companies are seeking a competitive edge.

GMG launched G FLUID, a graphene water-based coolant additive claiming roughly 20% better heat transfer and antibacterial benefits for data centers and industrial cooling. The patent-pending G FLUID rollout rides GMG existing distributor channels, and the CEO flags bulk sales before year-end as realistic given early demand. The battery division is rebranding as a lightning graphene cell, still on track to ship test cells this year while leaning on Rio Tinto and BIC for scale partnerships. G LUBRICANT shows 15 percent fuel-savings claims with no named competitors, more than 100 product trials underway, and oil majors and OEMs approaching GMG directly. Cycle life testing at zero to 100 percent full charge in six minutes is the last gating step before GMG ships sample cells to potential customers.

Solving the Data Center Cooling Problem: Graphene Manufacturing Group

Solving the Data Center Cooling Problem: Graphene Manufacturing Group

guest Jul 6, 2026
  • Top takeaway His central argument is that US manufacturing is GMG's key long-term outcome: he describes the company as an Australian North American one with a board split 50/50 by nationality, and says it eventually aims to have at least a majority of production in North America.
  • On timing, he expects the EPA decision within about a year and then site selection, county rules, property and build-out, calling these not terribly long tasks but clearly sequenced; he notes Canada is already approved and could be built first once production technology is scaled.
  • His cost thesis is that natural gas is GMG's largest cost and that cheap North American gas should translate into a structural overall lower cost to serve, which he links to producing close to customers.
  • He sizes the demand case on American data centers at roughly 30% to 40% of the world's total, expects that share to grow with large companies building more capacity, and says locally made product avoids the 15% tariff on Australian imports.
  • On execution he leans on channel partners and trials: he cites New Calgon as effectively the largest distributor of liquids for air conditioning equipment in North America and says more than 100 customer trials are underway, while arguing there is no real temptation for competitors to enter because the product is simple to make but took 10 years to develop and is supported by patents and service levels.

The pitch is manufacturing location, not chemistry: energy-saving graphene coatings already work, so growth depends on where they get made. Guest Craig Nicol says cheap North American natural gas plus a 15% import tariff makes local production structurally cheaper than shipping from Australia. Data centers are the first commercial target, with roughly 30% to 40% of the world's data centers in America per Nichol. HVAC liquids distributor Nu-Calgon opens a North American channel, and the company counts more than 100 customer trials worldwide. The gating item is regulatory: US EPA nanomaterial approval plus site selection, which Nichol frames as roughly a 12-month path.

Graphene Manufacturing Group is Scaling Production and Signing Global Deals

Graphene Manufacturing Group is Scaling Production and Signing Global Deals

guest Jun 25, 2026
  • Top takeaway He argues GMG has moved from technology development into a scaling phase, with graphene quality worked out over 10 years, more than 20 salespeople hired, and the focus now on signing distributors and OEM partners.
  • He claims the graphene aluminum-ion battery the team has developed for four years has doubled energy density to lead-acid levels with a six-minute full charge, which he argues has no market precedent and could replace lead-acid batteries and enable applications outside lithium-ion.
  • He argues a US manufacturing footprint is important because American natural gas, GMG's main production cost, is about 10 times cheaper than uncontracted Australian gas, with plants intended in both the US and Canada.
  • He expects the Gen 2 production technology, with 20 times the output per hour of the previous version, to be running by the end of June 2026, and hopes the aluminum-ion battery enters production in 2027.
  • He presents GMG as a patent-protected graphene technology platform with two segments: energy-saving products (heat-transfer coating for heat exchangers and a lubricant) and energy storage (a lithium-ion battery additive and the aluminum-ion battery).

GMG's US EPA approval lets it sell its graphene coating in America now, with a US manufacturing application expected to take about a year. Its Gen 2 Australian plant (20 times more output per hour) is commissioning, and a new three-year lease clears space to scale. The graphene aluminum-ion battery now fully charges in 6 minutes with doubled energy density — matching a lead-acid (car starter) battery. Building in America follows from costs: US natural gas, GMG's main input, is roughly 10 times cheaper than uncontracted Australian gas. CEO Craig Nicol casts GMG as a patented platform now scaling sales through distributors and OEMs (original equipment manufacturers) worldwide.

Graphene Manufacturing Group - EPA Updates, & Battery, SUPER G®, THERMAL-XR®, G® Lubricant Questions

Graphene Manufacturing Group - EPA Updates, & Battery, SUPER G®, THERMAL-XR®, G® Lubricant Questions

guest Jun 17, 2026
  • Top takeaway His core argument is that EPA approval is a paperwork and risk-analysis exercise rather than a technical barrier — he compares the graphene material's risk profile to normal black paint and argues that once one approval is secured, follow-on approvals become much easier.
  • He says he is withholding results he calls 'too good' — G® Lubricant fleet feedback and the 20,000-hour salt-spray test on THERMAL-XR® still running at an external lab in St. Louis — until enough data points exist to publish credible case studies.
  • On G® Lubricant distribution he describes running several channels at once: online trial sales, country-wide distributors, automotive component resellers, OEMs, engine oil companies and large fleets, on the view that disruptive products need flexible routes to market.
  • On the battery, he says the cell is cathode-constrained, that energy density gains come from small cathode formulation changes, and that he will not release figures until a third party validates them; cells are being scaled and sent to end customers for testing for the first time in four years.
  • He argues revenue and positive cash flow take priority over new product work — engineers get new projects only after sales are out the door — and that a G Fluid graphene water product will be announced shortly.

US EPA approval is the gate: G® Lubricant sign-off is expected by end of June 2027, with no US production before then. Production will be sited near low-cost natural gas, the guest says, because energy feedstock cost drives graphene manufacturing economics. Battery cells are only now reaching end customers for testing, four years into development, with substantial revenue still ahead. The guest claims a zero-to-100% charge in six minutes; rivals' faster claims often cover only 30% to 80%. Trial data stays unpublished until enough fleet and coating results accumulate; proof, not product, is the bottleneck.

GMG - THERMAL-XR Global Commercial Expansion, Scaling Graphene Production, Key Executive Addition

GMG - THERMAL-XR Global Commercial Expansion, Scaling Graphene Production, Key Executive Addition

guest May 20, 2026

GMG secures major commercial deals for THERMAL-XR in Australian luxury towers and global oil & gas distribution via Curran International partnership. Company advances automated Gen2 production facility construction with long-term scaling plans for Gen2.1 to meet growing graphene product demand. Strategic executive hire from Rio Tinto as Chief Production Growth Officer signals operational readiness for global production expansion and scaling.

GMG - Battery Innovations & Performance Milestones, G® LUBRICANT US Patent, Your Questions Answered

GMG - Battery Innovations & Performance Milestones, G® LUBRICANT US Patent, Your Questions Answered

guest Apr 21, 2026

GMG achieves record-breaking battery energy density, claiming the world's fastest-charging battery with a new 3.2V aluminum-ion design. The company secures a key U.S. patent for its G® LUBRICANT, advancing towards EPA approval and commercialization. Strategic partnerships with Rio Tinto and Tickford Racing provide crucial industrial validation for GMG's graphene products.

Showing 1–7 of 7 videos

Key Quotes

"This is great progress to secure the valuable graphene lubricant patent for engine oil use in the major markets of Europe, China and the USA."

— Announcement of G® LUBRICANT patent grants in U.S. and China

"G® Lubricant has taken over 4 years of advanced product testing and is transformational for energy efficiency and emissions reduction for the liquid fuels industry – it is the culmination of decades of lubricants, engines, energy efficiency and graphene expertise."

— GMG press release on G® LUBRICANT engine performance testing results

Key Works

Announcement of key patent milestones securing GMG's graphene lubricant intellectual property across major global markets

Release of comprehensive engine performance testing data demonstrating fuel efficiency and emissions reduction capabilities of G® LUBRICANT

Investor Q&A session covering GMG's full product pipeline, graphene market trends, production scale-up, and commercialization milestones

Specializations

GrapheneBattery TechnologyAdvanced MaterialsEnergy EfficiencyAluminium-Ion BatteriesIndustrial LubricantsThermal Coatings

Disclaimer: Craig Nicol has NOT endorsed this platform and is not affiliated with Pixys in any way.