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

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Gratomic Inc > Gratomic and Graphex Announce Positive Lithium Ion Battery

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Post by GabeBuffet on Jun 08, 2023 8:15am

Gratomic and Graphex Announce Positive Lithium Ion Battery

Application Results for Aukam Vein Graphite

This comparison indicates the positive potential for processing Aukam Vein Graphite into battery-grade graphite. Accordingly, Gratomic and Graphex will proceed with due diligence discussions of their proposed joint venture to produce coated spherical graphite anode material for the electric vehicle (EV) battery market.

Arno Brand, Gratomic CEO, commented, "Gratomic looks forward to starting up its processing plant at the Aukam Vein Graphite mine this month to provide Graphex with the required product to advance our commercial relationship on the back of these positive test results. Consummating the partnership will signify an even greater achievement: diversifying supply chains in a very troubled graphite market."

"We are encouraged by these initial test results on the Aukam material," said John DeMaio, CEO of Graphex Technologies. "To further validate the material for use in Li-ion batteries, we will process several tons of concentrate from Aukam into battery anode material at our existing full-scale processing facilities for qualification by OEMs."

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