Corporate Development

G6 Energy Engages Tru Group for Technical Diligence on a South Korean Midstream Technology Provider

G6 Energy Corp
Public and Investor Relations
March 12, 2023
Published
3 Min
Reading

FOR IMMEDIATE RELEASE

In a strategic move, G6 engages Tru Group to evaluate a potential partnership with a leading South Korean battery materials supplier.

  • Collaboration explored with South Korean battery material developer
  • Advantages South Korea’s position as largest battery ecosystem outside of China
  • Tru Group engaged for technical analysis and due diligence
  • Engagement complements Anzaplan's ongoing work 
  • Tru Group's multi-disciplinary expertise employed for comprehensive evaluation

  

Toronto, Canada March 12th 2023 G6 Energy Corp ("G6") has initiated a strategic move towards the Asian battery market by engaging the globally recognized TRU Group Inc. This step is part of G6's strategic development aimed at exploring potential collaborations with leading battery material developers and suppliers. The current focus is a renowned South Korean firm with a track record of commercialization success in the largest battery production and technology ecosystem outside of China.

G6 is tapping into TRU Group's rich expertise in engineering technology, advanced manufacturing operations, and industrial analysis for this venture. TRU Group will conduct an in-depth technical analysis, provide diligence support, and visit the South Korean supplier's existing operations. Their clientele includes some of America's largest industrial multi-nationals.

The engagement with TRU Group aligns with the ongoing work by Anzaplan, an international consultancy specializing in high-value specialty mineral and metals projects. By employing the combined expertise of TRU Group and Anzaplan, G6 ensures a holistic evaluation of its strategic options in the burgeoning battery materials supply chain.

The South Korean battery material developer holds promise for G6, with its established reputation and success in the battery material sector. A potential partnership could open doors to advanced technology, intellectual property rights, and a broad community of skilled technologists. Furthermore, it may serve as an entry point into the promising Korean battery supply chain, thereby expanding G6's global footprint in the battery materials market.


About G6 Energy Corp


G6 Energy Corp is a Toronto-based battery material developer and supplier leading the global shift toward sustainable energy. The company focuses on the production of materials critical to the rapidly expanding lithium-ion battery market, with a distinctive mine-to-battery strategy. G6 wholly owns a natural graphite mine, the Kearney Mine, strategically located in a tier-1 jurisdiction less than 300km from Toronto, Ontario. This mine, one of the world's largest confirmed graphite deposits, provides a reliable and secure non-China source of graphite. 

Capitalizing on this asset, G6 plans a rapid restart and staged expansion, positioning itself as the fastest path to production graphite mine in North America. In line with its mine-to-battery strategy, G6 is actively exploring midstream processing options for its materials, strengthening its commitment to sustainability and green energy. By owning and controlling the entire process from mining to battery manufacturing, G6 aims to deliver unrivaled reliability, quality, and sustainability in the battery materials market.

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