RE:Debt free GRAPHITE MINEUptick is around the corner buddy, i'm guessing "NASDAQ"...TBD?
plus The house passed Joe Biden's $1.9 trillion stimulus package, we're waiting on the Senate to finalize the deal. Regardless The democrats are shifthing thier attentions towards EV, and green energy. Gratomic Inc is a safe haven....
The biggest piece of information (imo): TORONTO, ON / ACCESSWIRE / October 28, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT) (OTC Pink:CBULF) (FRANKFURT:CB81) (WKN:A143MR) announces that it is in the process of submitting 243 Kg of high purity graphite concentrate obtained from its pilot testing program for characterization for use as anode material in Lithium Ion battery cells. The graphite will initially be put through an Air Classification process in Toronto, Ontario and from there will be sent to Dorfner Anzaplan in Germany to undergo spherical micronization and classification. Key note: Spherical graphite is a crucial ingredient to the efficient operation of lithium ion batteries, its the key component of the anode.....
China is among the largest graphite producer in the world, producing around 700,000 metric tons of the metal. what people don't realize is that
China uses synthetic graphite for the most.
Battery is one of the few applications, where Natural and Synthetic graphite compete with each other. The battery manfucturers are shifting their focus towards natural graphite over synthetic graphite WHY? to bring down the production $cost but more importantly beacuse of environmental issues...
Cue in Gratomic Inc, low cost, processed from naturally sourced graphite material, aiming to become a cleaner graphite source.....self explanatory
To better understand things, here's an article whereby Volkswagen appoints watchdog to ensure ethical battery supply:
The German carmaker has entered a “strategic partnership” with RCS Global, an agency that specialises in supply chain analysis. The company calls itself “the proven leader in data-driven responsible sourcing of natural resources” and already has partnerships with companies including Sony and Nokia.
The focus of the partnership, according to VW, is on auditing its suppliers “for conformance with human rights, safe working conditions and environmental protection along the supply chain all the way back to the mines.”
VW and RCS have identified 134 “sub-suppliers” and 18 mines in the carmaker’s supply chain. The majority of these have reportedly already been audited. The expanded audit operation has also allowed VW to introduce due diligence measures for each type of raw material that VW sources.
Serious audit violations will lead to disqualification from VW’s supply chain. This would apply to small-scale mining operations where “child labour cannot be ruled out”, says VW.
Cheers,