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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, The 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, The 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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Gratomic and TODAQ announce supply chain partnership to track commercial graphene from source to end consumer on the TODA protocol

Posted By Graphene Council, The Graphene Council, Monday, February 4, 2019
Updated: Thursday, January 31, 2019
Gratomic Inc. and TODAQ Holdings are pleased to announce that they have entered into a memorandum of understanding describing the terms of a supply chain partnership to put Gratomic's supply chain and products on the TODA Protocol.

"The market for tires requires products that deliver fuel efficiency, safe handling, and extended wear.  Integrating Gratomic's operations and products onto the TODA-as-a-service ("TaaS") platform with TODAQ as a partner allows us to deliver the desired product efficiently and effectively into the customers hands, with the peace of mind of knowing what they own has been monitored from the raw material source through to the finished product,"said Gratomic's Chairman and co-CEO Sheldon Inwentash.

The project will focus on providing incontrovertible proof of provenance in respect of Gratomic's graphite supply and consequent synthesis of commercial nano engineered graphene products throughout the global graphene marketplace down to the end consumer. 

"We're pleased to add Gratomic as our mining partner alongside our other pharmaceutical and energy supply chain projects. TODAQ is looking forward to adding efficiency and security with scale to Gratomic's operations, providing a brand multiplier that adds confidence to products carrying liberated nano engineered graphene from Gratomic's dedicated graphite source, and of course addressing the potential for forgeries and fakes that can become a constant source of leakage," said Sung Soo Park, TODAQ Managing Director in Seoul.

The project will be rolled out in stages over 2019 as Gratomic brings its end products to market starting with first proof of concepts and staging to commercial delivery of its fuel efficient tire in collaboration with its development partner, Perpetuus Carbon Technologies.  

"Our Graphite mine in Namibia delivers some of the highest quality exceptionally friable graphite for ease of commercial processing. A methodology for monitoring which graphite source is processed into a specific product is a game changer," said Arno Brand, Gratomic's co-CEO.

It is expected that the complete project will span multiple continents with peer-to-peer cross-border settlement of transactions in less than a minute, and aim to efficiently demonstrate results that can commercially scale up looking into 2020. Later phases will also aim to include value-added trade finance services on the TaaS platform.

"The TODA Protocol ensures individual ownership of your own data and TODAQ is here to enable secure and efficient international trade and commoditize the settlement of value. The beauty of this project is that once a customer buys graphene ultra-efficient tires, they own that digital asset and embedded proof of the tire, without requiring any other intermediary including the mine, processor, manufacturing company, retail source or even TODAQ," said TODAQ CEO, Hassan Khan.

Tags:  Graphene  Gratomic  TODAQ Holdings 

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Gratomic to Launch New Graphene Ultra Efficient Tires

Posted By Graphene Council, The Graphene Council, Thursday, January 24, 2019
Updated: Thursday, January 24, 2019

Gratomic Inc. a vertically integrated graphite to graphenes, advanced materials company is pleased to announce the development of Gratomic's new Graphene Ultra Fuel Efficient Tires (GUET) with certification and terrain testing targeted for completion in Q3, 2019.

"Purely from a demand perspective, we have been pulled into a market which represents a very large opportunity for Gratomic. Simply put, our customers want what we have; high quality graphene. Not only are Hybrid Graphene enhanced tires fuel efficient, but they can also demonstrate better handling and longer life" commented Gratomic's Chairman and Co-CEO Sheldon Inwentash. "The GUET tire market represents a very large vertical for Gratomic which the Company will be vigorously pursuing in 2019, and beyond."

Gratomic recognizes the automotive tire market is large and is expected to grow to 2.5 billion tires by 2022. Gratomic looks to penetrate and disrupt the traditional means of tire production by providing graphene enabled GUET tires. To date, the global tire market has recognized that employing graphenes within tire treads, walls and the inner linings can make tires lighter, provide better grip and reduce rolling resistance to an extent that is not possible with existing tire compounds. On average, this would require 20 to 25 grams of graphene per tire. However, for the Industry, specification consistency and scaleability of supply have been limiting factors and to date have been the biggest constraints in commercializing Graphene.

Attributed to the right combination of geology at the mine and our processing partner, Gratomic strongly believes it can satisfy the supply demand of quality graphenes required for what the Company believes is the growing market demand for a new age economy tire. Gratomic is confident in its ability to deliver consistent quality and quantities of Graphenes to end users.

Gratomic has been able to achieve this through a unique collaboration agreement with its development partner Perpetuus Carbon Technologies who currently supplies substantial quantities of surface modified graphenes on a monthly basis to the tire industry through its Patented Plasma Process.

Ian Walters Director - Perpetuus Carbon Technologies Limited stated:

"Perpetuus' investigative analysis and characterization has concluded that the Graphenes derived from the Gratomic mine are highly friable, more so than any other graphite tested for purpose by the Perpetuus Labs. The liberated graphenes when functionalized have demonstrated excellent processability. Initial application in a host of end uses has demonstrated excellent suitability for a range of products. Most noteworthy are the excellent results generated when the Hybrid Graphenes are included in elastomers for tire construction. Perpetuus looks forward to working with Gratomic to launch probably the first range of Graphene enabled ultra fuel efficient tires."

Employing its dedicated facility for the patented Perpetuus plasma method Gratomic post plasma processing produces graphenes (less than 10 layers) of a high purity (CK 99.10%) derived from its Graphite Mine in Namibia.

Tags:  Automotive tyres  Graphene  Gratomic  Perpetuus  Tires 

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