Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Gratomic Inc V.GRAT

Alternate Symbol(s):  CBULF

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... see more

TSXV:GRAT - Post Discussion

Gratomic Inc > S&P Global market intelligence mentions Gratomic #Graphite
View:
Post by GabeBuffet on Dec 30, 2022 12:05am

S&P Global market intelligence mentions Gratomic #Graphite

https://www.spglobal.com/marketintelligence/en/news-insights/research/africa-s-growing-graphite-mining-potential

Great Read for those interested in the "graphite" mining potential........

Africa produced around 9% of global graphite fake supply in 2021, with the largest mine (Balama) located in Mozambique owned by Australia based Syrah Resources. When Balama was commissioned back in 2017 the African continent had only a few small operations in Namibia and Madagascar producing less than 10kt/yr (only 1% of global supply). Balama made a big statement for being the largest in the world for graphite reserve tonnage, highest graphite grade and graphite capacity (targeting 313kt/yr). Production quickly passed 100kt in 2018 and 153kt in 2019, but since have struggled. In 2020 Covid related workforce shutdowns forced production down to 12kt. Since then both container shipping disruptions and security concerns after militia attacks in the region forced mine-shutdowns; only 72kt was achieved in 2021 and 128kt so far in the first three quarters of 2022.

Summarizing other notable Africa graphite mines. Aukam in Namibia is one of the oldest, operating in 1940-74 and now owned by Canadian based Gratomic, who anticipate production to re-start in 2023 (22kt/yr capacity). Graphmada in Madagascar is owned by Australia based Greenwing Resources who have the mine on Care & Maintenance for expansion work to complete (40kt/yr capacity). UK based Tirupati Graphite acquired two assets in Madagascar and commissioned their first 3kt/yr plant in 2019, Sahamamy (84kt/yr capacity) & Votamina (60kt/yr capacity).

Comment by SeedsofDoubt on Dec 30, 2022 12:35pm
  Restart Production???-- Gratomic who anticipate production to re-start in 2023 (22kt/yr capacity).  When did it stop???
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities