Gratomic Inc V.GRAT

Alternate Symbol(s): CBULF

Metals & Mining Graphite

Gratomic Inc. is a Canada-based exploration and development stage company with projects in Namibia, Brazil, and Canada. It supplies graphite and is engaged in the electric vehicle battery supply chain through the development of its flagship Aukam graphite mine and ongoing exploration at the Capim Grosso property. The Aukam property includes a mining license (ML) 215 (5,002 hectares (ha), in respect of base and rare metals, industrial minerals, and precious metals), and an exclusive prospecting license (EPL) 8746 (49,693 ha, in respect of base and rare metals, industrial minerals, and precious metals). The Aukam property is located in the district of Bethanie, Karas region of southern Namibia. The Capim Grosso Graphite project is situated in the center-east portion of the Bahia State, 280 km from the port of Salvador, the state capital, and 166 km from Feira de Santana and covers over 6,312 ha. It also owns a 100% interest in the Buckingham properties located in the Province of Quebec.

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Gratomic Inc > Elon Musk says Tesla open to buying a mining company

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Comment by TheeRookon May 12, 2022 2:57pm

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Post# 34678896

RE:RE:RE:RE:Elon Musk says Tesla open to buying a mining company

New battery tech will replace graphite with Silicon anodes.

Looks like more the merrier.

With its first electric vehicle now outselling the quintessential 911 sports car, the German automaker is responding by upping its bet on EVs, in part via a hefty investment in lithium-silicon battery developer Group14 Technologies.

Porsche injected $100 million into Group14 as part of a larger $400 million Series C funding round. Other investors that chipped in include Canadian pension fund OMERS, Decarbonization Partners, private equity firm Riverstone, Vsquared Ventures and Moore Strategic Ventures.

Group14’s key technology is a silicon-carbon powder that can either replace or augment graphite anodes. Graphite is used in most of today’s lithium-ion batteries, and it’s a sensible anode because it’s stable and can store a reasonable amount of energy.