Green Critical Minerals targets revenue from thermal management tech by H1 FY26

The company aims to commercialise its range of VHD graphite products through some of the world’s most widely used e-commerce platforms for electronics and thermal management solutions. Pic: Getty Images.
- GCM continues to validate graphite thermal management tech
- New global distribution strategy to boost sales channels and market segments
- Company on track for first revenue in the first half of 2026
Special Report: Green Critical Minerals has first revenue in sight for its Very High Density (VHD) graphite tech for thermal mnagement across a range of sectors.
The tech has applications from global electronics, semiconductor and microchip manufacturers, to data centre operators and thermal solution providers.
It can be used in any industry where thermal management is vital, with sample testing being expanded to customers in aerospace, automotive, electronics, medical and industrial sectors through machining and distribution partners in North America and Europe.
Green Critical Minerals (ASX:GCM) is advancing commercialisation of the tech and its product distribution strategy, with several new sales channels in development, including online retailers and machine shop networks, along with existing collaboration deals such as with Australia’s leading data centre provider GreenSquareDC2.
The company has successfully transitioned from pilot-scale production to full-scale manufacturing following commissioning of Module 1 of the VHD production plant.
The company has now begun initial production runs of saleable VHD graphite blocks at the facility, with inventory to be built up in support of upcoming customer sampling programs and prototype heat sink development.
Discussions are ongoing with leading data centre operators in North America, Europe and Asia, focused on the evaluation and integration of VHD graphite into advanced computing infrastructure, including isomoulded graphite heat sink profiles.
Global distribution will drive revenue
The company plans to establish a US-domiciled entity to support product registration and direct engagement with North American customers and is partnering with Asian market entry specialist O’Connor Corporate Advisory, targeting companies such as Samsung, SK and LG.
With all of this underway, GCM says it remains on track to achieve first revenue in the first half of calendar year 2026.
“We’re making rapid progress in transforming our VHD technology into a commercial reality,” MD Clinton Booth said.
“The strong interest we’re receiving from data centre operators, online distributors, and global electronics, semiconductor and microchip companies highlights the growing interest and demand for high-performance thermal management solutions.
“With Module 1 now fully commissioned and producing saleable graphite blocks, we’ve entered an exciting new phase—shifting our focus from development to production and commercial rollout.
“Initial production is underway, multiple sales channels are advancing and momentum continues to build.
“We are laying solid foundations to achieve our first revenue in the first half of 2026 and to firmly establish GCM as a key player in the global supply chain for next-generation thermal management technologies.”
This article was developed in collaboration with Green Critical Minerals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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