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An Up & Coming Winner in the Graphite Market

Posted By Graphene Council, Wednesday, April 1, 2020
Graphite is one of the most robust emerging resource markets in recent times. There is ample opportunity to get in with one Click to enlargejunior mining Company, which has persevered in making profound headway towards production on its Graphite asset in Namibia.

Gratomic Inc. is an advanced mining and exploration Company, focused on mine-to-market commercialization of graphite and graphite products. GRAT is distinct among its peers – it is an organization rapidly evolving from a junior to a fully commercialized mining Company. This is an important distinction in a market that has seen countless others try and fail. Gratomic has worked hard to move towards commercializing its assets in order to maximize shareholder value, which will allow for future growth.

GRAT’s flagship property, the Aukam Graphite Mine, is located in the mining-friendly jurisdiction of Namibia and is the only historical commercial graphite mine in the country. The property hosts a very unique high-grade vein-graphite which is easily processed into graphite concentrates of 97% + Cg without the aid of chemical or acid treatment, exhibiting the raw organic purity.

Gratomic was recently awarded a letter of preparedness by the Namibian Ministry of Mines and Energy to grant the Company its mining license (ML215). Where most companies would only start mine construction at this point in time, Gratomic has been able to complete 90% of construction of the Aukam Processing plant to date. This has been fully facilitated through equity financing without the accumulation of debt vehicles, which is a rare feat in this industry.

Gratomic is entering into a new phase of existence and is working to scale-up its operations to fulfill the first off-take and purchase orders with its key partners. Its graphite concentrate contains no sulphides, demonstrating the high quality and purity of the raw mineral. Gratomic is ready to capitalize on the market, which should be rewarding given that graphite sells anywhere from $1,500 - $3,000 per tonne, depending on purity and flake size distribution.

Leadership Highlights:

This dynamic Company has strategically structured a leadership team and Board of Directors that will add value and allow the Company to capitalize on the strengths of each individual. Just recently, Arno Brand has taken on the full role of President and CEO. With a decade of experience in the mining, financing and commodity brokering combined with his first-hand expertise and knowledge of Namibia, Brand is the ideal CEO candidate for Gratomic.

Gratomic has experienced several additional changes including the departure of Jackson Inwentash and Gerry Feldmand from the Board of Directors. The two new directors are Walter Luke and Alex Helmel. Walter Luke has a background in compliance regulations, telecommunications, and project management. Alex Helmel is an independent management consultant working with early stage venture companies. Each new Director brings experience and expertise, which will be beneficial to the team at Gratomic.

Finally, Mr. Ian Flint has officially rejoined the Gratomic team as the Mining and Processing Engineer. He had previously been an advisor to the Board, but the team is thrilled to have him on board and filling both roles. His knowledge and expertise in this industry is a valuable asset to have.

The Aukam Graphite Mine:

Located close to the Namibian port of Luderitz Bay, the Aukam property covers a historical vein graphite mine that consists of five adits and an open pit. The Company has conducted preliminary work over the last five years to better understand the quality and distribution of the graphite mineralization buried within. The team has come away with the understanding, through recent drilling initiatives, that there is significant potential to expand the mineralization beyond the old workings.

The Company has traced graphite occurrences over a 15 km strike length at surface and anticipates an aggressive drilling campaign, using its own drills, to unlock the potential resource that resides within.

For an in-depth look at what the project has to offer, the Company has offered a 2016 technical report on the Aukam Graphite deposit here. The Company is currently putting together an updated technical report including the operating costs of running the mine and processing plant.

In October 2019; Gratomic reported that it had completed the crushing and grinding circuit at the Aukam mine, with a capacity of up to 50 metric tonnes per hour. During the buildout, the Company also installed and set up the mine’s rougher, cleaner and scavenger flotation columns. The cumulative capacity of the columns combined with the rougher mixing tank and slurry line is initially 2.7 tonnes per hour.

Gratomic Inc. has put 178 tonnes of product through the existing pilot plant, which systematically increased the mineral’s grade to the commercially desirable 95% - 98% Cg (Carbon in Graphite) level. The team indicated that it could upgrade this material even further through air classification to over 99% Cg. Once the build-out is complete, the Company anticipates achieving production of 20,000 tonnes per annum.

With concentrates averaging 98.6%, Gratomic’s CEO Arno Brand stated in an interview with Stockhouse Editorial, that upscaling the graphite past 99% purity would not be a challenge, given the quality of the material coming out of the Aukam mine. He added that it would only take a few added steps of upgrading to get it to that level.

Namibia at a glance:

CEO Brand stated that the country’s government is very mining friendly and very pro-investor. It only took a swift two years for the Company to go from junior explorer to sitting on the verge of being a full mining operation.

Gratomic is in an advantageous situation with the Namibian government, as the Company adheres to stringent environmental standards. The Aukam mine is one of the few graphite projects around and the only one to have historical production on its side.

Demand for Africa’s graphite supply is surging, and many nations are ramping up their production to meet the increased demand from China for a variety of applications, most notably battery material for electric vehicles, laptops and tablets. According to data compiled by Roskill, during the first half of 2019 natural graphite exports from Africa to China rose by more than 170%.

Summary:

Through the accomplishment of key milestones, Gratomic will become fully vertically integrated. Brand outlines below the five major steps necessary to attain this advantageous juncture.

1.Obtain mining license
2. Complete construction
3. Initiate full production
4. Fulfill orders
5. Branch out graphene business into added-value manufacturing

Accomplishing these milestones takes money, time and effort when attempting to build something of tangible value. Investors looking to capitalize on the graphite market should consider the Gratomic proposition for its long-game strategy, its unique operational jurisdiction, and the fact that this investment won’t be undervalued for long.

CEO Quote:

It has been a long road to get to where we are today, our hard work and efforts are shortly to be rewarded as we take the final steps to bring Aukam into Production – Arno Brand, President and CEO.

Tags:  Alex Helmel  Arno Brand  Graphene  Graphite  Gratomic 

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Gratomic Receives Notice to Grant Mining License

Posted By Graphene Council, Monday, March 30, 2020
Gratomic Inc.is pleased to announce, supplementary to its February 21, 2020 Press Release, that it has received a Notice from the Ministry of Mines and Energy of Namibia that the Minister is prepared to grant Mining License 215 (ML215) for its Aukam Graphite Property in Namibia. The License area falls within the proximity of the Aukam Processing Plant and the Graphite bearing shear zone for a total of 5002 hectares (5002 ha). Securing the mining license is a critical step towards moving the Aukam Mine into commercial production.

The Company has completed 8 months of pilot testing on historically mined product and conducted an internal study on the efficiency of the pilot processing facility on this material. Through rigorous testing and adjustments to the plant, Gratomic can now produce a concentrate of up to 98% Cg. Management has subsequently decided to build a 20 000 tonne per annum processing plant. To date, 90% of construction is complete. Upon completion of the remaining 10%, the Company will initially start processing material from historical workings left at the surface when the mine last operated in 1974.

The Company has recently appointed Dr. Ian Flint to complete a preliminary economic assessment on the Aukam Processing plant. The study, its recommendations, and their subsequent implementation, will ensure the scale up of the existing pilot plant to a commercial scale processing facility that will provide the desired concentrate grades and production rates.

With respect to site exploration, in the coming months diamond drilling will resume at Aukam Graphite. The drilling will be conducted utilizing Company owned drilling equipment, focusing on areas proximal to graphite mineralization, depicted by previous diamond drilling, underground excavation and surface outcrop sampling. The drill targeting will be systematic with the expectation of producing an NI 43-101 resource estimate.

Arno Brand, President and CEO of the Company stated that "the Company will be able to satisfy all of the conditions in the Notice and proceed to commercialization of its Aukam Graphite Mine. This marks a significant milestone for the Company."

Risk Factors

No mineral resources, let alone mineral reserves demonstrating economic viability and technical feasibility, have been delineated on the Aukam Property. The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with the processing plant.

The Company advises that it has not based its production decision on even the existence of mineral resources let alone on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.

Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.

Failure to commence production would have a material adverse impact on the Company's ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs would have a material adverse impact on the Company's cash flow and future profitability.

Steve Gray, P. Geo. has reviewed and approved the scientific and technical information in this press release and is the Company's "Qualified Person" as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Tags:  Arno Brand  Graphene  Graphite  Gratomic  Ian Flint  Steve Gray 

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Gratomic Announces Signing of a Definitive Graphite Concentrate Sales Agreement and Exclusive Marketing Agent for Continental Europe

Posted By Graphene Council, Tuesday, May 14, 2019

Gratomic announces the entering into of a definitive off take agreement for graphite concentrate to be produced from its Aukam Graphite mine in Namibia.

As part of the Graphite Concentrate sales Agreement (Sales Agreement), Gratomic has appointed Phu Sumika ("PSK") as its exclusive marketing agent, in continental Europe, for the sale of graphite concentrate to the refractory, lubricant and battery Markets.

Pursuant to the Sales Agreement, PSK will purchase up to 7,500 Dry Metric Tonnes annually, for a period of five years from the date commercial production commences at Aukam. The contract contemplates the sales of graphitic product ranging from 80% Carbon to 99.9% Carbon at prices ranging between US$500-US$2800 per Metric Tonne (depending on grade, moisture content and industry use).

Gratomic is satisfied with the high value range of product pricing for the selected markets. Gratomic has delivered PSK with samples grading 92%, 97%, 99% and 99.9% over the past 3 months for testing in a verity of end uses. The results now positively match buyer specifications and will qualify the sales agreement for deliveries going forward.

Aukam Production Update

Gratomic has recently consulted with a processing expert in Toronto and has been able to produce several batches of Battery Grade Graphite grading over 99.9% the Company is currently compiling a budget to integrate the suggestive plant adjustment onto its processing circuit within the next 3 months. This will allow the company to commence with the production and sale of battery grade Graphite targeted towards the rapidly growing battery industry mainly being dominated by the increase of demand for electric vehicles worldwide.

In addition Gratomic expects the delivery of the final components of its Aukam processing plant within the next 49 days, this will complete the construction of the first phase of our Processing facility and bring it up to a 3 metric tonne per hour Processing Capacity.

The company continues its focus on further developing and commercializing its Graphene Processing capacity in wales through its partnership with Perpetuus carbon technologies and anticipates soft launching its Gratomic fuel efficient tire in the summer. Gratomic has recently prepared an additional 2 tonnes of Graphite concentrate which it will be shipping to wales in the coming days for converting into high quality Graphenes targeted for the use and development of several high value Graphene applications.

Gratomic's CO-CEO Arno Brand stated, "The entering into of the sales agreement and exclusive marketing agreement with Phu Sumika is the culmination of several years of work, Gratomic is now well positioned and ready to monetize its operations through graphite sales. We thank our loyal shareholders for their support throughout  the years and their contributions in helping us in commercialize the Aukam Mine"

Tags:  Arno Brand  Battery  Graphene  Graphite  Gratomic 

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Gratomic Submits Mining License Application

Posted By Graphene Council, Monday, March 4, 2019

Gratomic Inc. today announced that it has submitted a full mining license application to the Namibian Ministry of Mines and Energy.

The company has submitted its application for Mining License 215 (M L215). The License area falls within the proximity of the Aukam Processing Plant and the Graphite bearing shear zone for a total of 5002 hectares (5002 ha). The mining license was the last step required for the company to go into full production. The license submission is timed strategically with the construction of Gratomic's onsite processing plant located at the Aukam Graphite Mine in Namibia and in conjunction with the recently announced long-term Graphene supply agreement with Vittoria Tires and Gratomic's partner Perpetuus Advanced Materials.

Gratomic’s CO-CEO Arno Brand stated, “This marks a significant milestone in the company’s  path to commercializing its Aukam Graphite mine, through this submission of our mining license we are now able to start producing graphite from our Aukam Graphite mine at full capacity”

Tags:  Arno Brand  Graphene  Graphite  Gratomic  Perpetuus Advanced Materials  Vittoria 

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