Corporate Presentation Gratomic Gratomic Could one day be one of the mines that supplies the exclusive electric battery maker market because they mine vein graphite which is clean and is needed. Tesla combines nickel and graphite together for their batteries which charge the cars. A Quote from Elon can be found here "
Elon musk on Nickel Graphite "
Not saying Tesla will work with Gratomic but there could be other car company manufacturers that use graphite in their EV batteries such as competing factions nikola or volkswagen as examples the mining market is in a bull market right now soley because of this.
Warren Buffet recently invested into energy companies probobobly because he knows over time more and more tesla and other EV cars will dominate marketplace they will need to charge their cars from electricity and batteries will be needed for this.
Warren Buffett’s Berkshire buys Dominion Energy natural gas assets in $10 billion deal Not advising anyone to buy or sell Gratomic just place it on your watch list and research what they are doing in africa.
https://gratomic.ca/gratomic-aims-to-become-a-cleaner-source-of-graphite-for-north-american-consumers/
Gratomic Aims to Become a Cleaner Source of Graphite for North American Consumers
by Gratomic | Sep 3, 2020 | News
Gratomic Aims to Become a Cleaner Source of Graphite for North American Consumers
Thursday, September 3, 2020
TORONTO, ON /September 3, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT) (OTC: CBULF) (FRANKFURT:CB81) (WKN:A143MR) aims to become a cleaner graphite source for North American consumers and is pleased to announce the Company’s objective to process graphite in a clean and environmentally responsible manner.
As the battery manufacturing industry becomes increasingly competitive, many electric vehicle battery manufacturers are currently forced towards choosing lesser environmentally friendly graphite options. In many cases, the mining and processing methods used can be unsafe and some have the potential to cause major pollution in neighbouring cities and towns. Alternatively, many electric vehicle battery manufacturers are turning to synthetic graphite sources, often created in labs from petroleum and biogas by-products, among other carbon sources. These methods can also potentially produce undesirable emissions during the processing phase.
Arno Brand: President and CEO commented:
As the world is becoming more drawn towards Cleaner metals, Gratomic is taking on a leadership position by aiming to produce higher quality Cg with a lower carbon footprint. We have a clear objective as a company, to maximize engineering efforts and to minimize environmental impact. We intend to create a new commodity class that includes, as part of the product specifications, the environmental footprint imposed by producing that tonne of material in an effort to provide buyers with full disclosure on the product’s impact.
In its design efforts, the Gratomic team has taken every possible step to minimize environmental impact and lower the carbon footprint of Gratomic graphite. The Company has designed new and innovative graphite processing procedures that will produce higher quality graphite while minimizing environmental impacts and lowering the carbon footprint created during the processing phase. Calculations conducted internally by our team of industry experts reveals that the production of one tonne of graphite at a percentage of approximately 98% Cg will create a very low carbon footprint of 0.8Kg of carbon emissions, or 16,000 kg per annum.
We believe accomplishing this objective is a positive environmental step forward and a true example of Gratomic’s vision, innovation, and leadership in the graphite mining industry. Our graphite processing design also encompasses a unique water recycling and filtration system that is expected to recover up to 95% of the water used during the processing phase.
The graphite intended for processing at the Company’s Aukam Graphite Project is in a naturally weathered state and contains little deleterious elements mitigating any lasting negative environmental impacts. This information has been verified through numerous analytical results from testing programs. Pilot testing has validated that the majority of the reject material contained minor amounts of clay silica and iron with smaller traces of calcium. The rejects material when analysed did not contain any sulfur or heavy metals which generally pose the greatest environmental threat.
The Company utilizes all resources so efficiently and effectively that waste is extremely limited. Gratomic is highly focused on recycling and has found a use for the residual material that resides in its tailing ponds. This slurry by-product to be extracted from the tailing ponds is intended to be recycled into bricks. It would be combined with concrete and compressed, and the residual graphite contained in the slurry, when incorporated into the bricks, should result in stronger, longer lasting product, particularly in hot climates.
Gratomic wishes to emphasize that no Preliminary Economic Analysis (“PEA”), Preliminary Feasibility Study or Feasibility Study has been completed to support any level of production. In fact, no mineral resources, let alone mineral reserves demonstrating economic viability and technical feasibility, have been delineated on the Aukam Property.
The Company recently appointed Dr. Ian Flint to complete a preliminary economic assessment (PEA) on the Aukam Processing plant. The study, its recommendations, and their subsequent implementation, will provide conclusions and recommendation at a PEA level of comfort relating to the scale up of the existing processing plant to a commercial scale processing facility that will provide the desired concentrate grades and production rates. A preliminary economic assessment is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized.
Gratomic wishes to emphasize that the supply of graphite pursuant to any off-take or supply agreement referred to in this Press Release is conditional on Gratomic being able to bring the Aukam project into a production phase, and for any graphite being produced to meet certain technical and mineralization requirements. Gratomic continues to move its business towards production and as part of its business plan, expects to obtain a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report to help it ascertain the economics of the Aukam project.
The Aukam Graphite Project is located in southern Namibia close to the port city of Luderitz. The property hosts five underground adits which were mined periodically between 1940 and 1974. Five surface stockpiles from the historical mining occurred on the property and 73 composite samples were taken from the lower three stockpiles, assayed and averaged 42% Carbon as graphite (Cg).
The Aukam property covers a historical vein graphite mine that consists of five adits and an open pit. Associated with the old workings are five surface stockpiles that still contain significant graphitic material. Recent work by the Company over the past two years has led to a better understanding of the quality and distribution of the graphite mineralization at Aukam. In particular, exploration has demonstrated significant potential for expansion of the mineralization outside the old workings.
This exploration has led to the awarding of Mining Licence (ML 215) by the Ministry of Mines and Energy in Namibia. The Licence covers Base and Rare Metals, Industrial Minerals and Precious Metals. The Licence area falls within the proximity of the Aukam Processing Plant and the Graphite bearing shear zone for a total of 5002 hectares (5002 ha). Securing the mining licence is a critical step towards moving the Aukam Mine into commercial production.
1416
Aukam Graphite Project Square kilometres
Three graphite stockpiles, lumps, fines and coarse fines, resulting from bulk sampling and screening programs undertaken by Gratomic are stored at Aukam and ready to be processed. Assays of samples of the coarse fines ranged between 9.83% and 15.52%CG, and averaged 13.06%Cg. Samples of fines ranged between 8.06% and 53.03% Cg and averaged 17.92% Cg and samples of lumps ranged between 16.90% and 61.06%Cg and averaged 46.92%Cg.
PROPERTY
The Aukam Graphite Project is located in southern Namibia close to the port city of Luderitz. The property is comprised of Exclusive Prospecting Licenses (EPL) 3895, (EPL) 6710, (EPL) 7512 and (EPL) 7513 that cover an area of 141,600 hectares (1416 square kilometers) in the Karas region of southern Namibia. There is year-round road access to the Aukam project from paved Highway B4 that runs between Luderitz and Keetmanshoop via district gravel roads south from the Highway. The infrastructure in the area is good with nearby power from the national grid, water from underground aquifers and a rail link to Luderitz and Keetmanshoop adjacent to Highway B4 approximately 70 km north of the project.
The property hosts five underground adits which were mined periodically between 1940 and 1974.
HISTORICAL MINING
In addition to the underground workings on the property, there are five surface stockpiles that remain from the historical mine-site. These stockpiles still contain significant graphite and assays of samples taken during detailed sampling on a 10m x 10m grid ranged between 3.98 and 57.07% Cg (carbon as graphite) and averaged 20.04% Cg.
INFRASTRUCTURE
Luderitz Harbour – 500m cargo & container quay
Paved Highway
Rail Line
1.5 hr from Atlantic Ocean Shoreline
Karas Region
TECHNICAL REPORT
Click Here to Download our Aukam Graphite Deposit 2016 Technical Report
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Aukam Graphite
Third party characterization and testing of the Aukam graphite shows that it is a premium quality crystalline vein graphite comparable in quality to other premium graphite sources available throughout the world.
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