Toronto, ON. February 15, 2022, Gratomic Inc. (“Gratomic”, “GRAT,” or the “Company”) (TSXV:GRAT) (OTCQX:CBULF) (FSE:CB82) announces that it has signed a Memorandum of Understanding (“MOU”) with Millennium Metals LTD (“TM2”) and an undisclosed 3rd party (the “Buyer”), to supply graphite over 60 consecutive months, to begin upon commencement of commercial production at its Aukam Graphite Project in Namibia. Gratomic and TM2 forged a strategic partnership with the intention of being the first to industrialize graphite as a commodity (as mentioned in the press release dated June 30, 2021), and signed an indicative term sheet on February 8, 2022 (see press release here) in order to set the groundwork for this MOU.
TM2 is the world’s first spot market where direct investment in technology metals is possible. It is quickly becoming the one-stop-shop for electric vehicle (EV) battery manufacturers and OEMs. The metals and minerals available on the TM2 platform are essential to EV batteries, aerospace, semiconductors, and many additional high-tech industries. TM2’s innovative approach to commodities has created a global community within the electric vehicle space. Learn more about TM2 here.