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6 Small Cap Companies That Will Benefit from Canadian Liberal Government’s New Focus on Electric Vehicle #EV #Batteries and Vehicles $GRAT.ca $HPQ.ca $LMR.ca $NAM.ca $SX.ca $TN.ca

Posted by AGORACOM-JC at 2:11 PM on Friday, September 25th, 2020

The Liberal Government announced new measures towards climate, clean energy and transport in yesterday’s throne speech. This will no doubt help accelerate the transition toward electric mobility while ensuring a cleaner, healthier economy.  Here are 6 small cap companies that stand to benefit from these initiatives (in alphabetical order).

Gratomic Inc. (GRAT :TSXV) is gearing up to bring its high grade, environmentally sustainable graphite to the North American EV market. In a race that started in 2012, Gratomic is the only one of several graphite companies that has successfully brought its asset through to the final construction phase.

The Company is now ready to introduce its graphite to battery producers for use in advanced anode technology. Being of such naturally high purity, Gratomic’s vein graphite is ideal for use in this application, requiring simpler, less expensive and more efficient processing methods, resulting in a final product with naturally lower contents of deleterious elements.

In addition to its high purity levels, the Company’s Aukam graphite is a much cleaner alternative to this market’s current supply options as a sustainably sourced resource as per the Company’s September 3rd Press Release. The Company intends to establish a new benchmark for recording and guaranteeing the product’s carbon footprint, based on latest generation blockchain technology.

Gratomic is preparing the high grade Aukam Graphite mine for commercial production. The company anticipates commencement of production in Q4 of 2020 while producing 20,000 tonnes of high purity vein graphite annually to support a burgeoning market.

Hub On AGORACOM

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HPQ Silicon Resources (HPQ:TSXV) is a Canadian producer of Silicon Solutions that is building a line of specialty silicon products needed for electric batteries. More than just lip service, HPQ has already announced NDA’s with 2 undisclosed companies in the space and has hinted at other NDA’s that are so tight they could not even be announced.

Over the past 5 years, HPQ has teamed up with 2 world renowned technology partners, including PyroGenesis Canada (PYR:TSXV)  to manufacture high purity silicon cleaner, cheaper and better than anyone in the world – because you can’t dig it out of the ground like other battery metals such as graphite, cobalt and nickel. Now HPQ is on the verge of sending samples of its industry leading silicon to NDA and other potential partners as early as December. 

However, despite providing shareholders with a great return during this period, HPQ’s silicon plan was still met by skepticism amongst investors who found it easier to understand traditional battery metal stories ….  This all changed on September 23rd 2020, when this headline emerged from Tesla’s “Battery Day” 

“Tesla To Revolutionize Use Of Silicon In Batteries: Slash Costs, Increases Range” 

HPQ-Silicon Resources –  Hub On AGORACOM  

PyroGenesis Canada – Hub On AGORACOM

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Lomiko Metals (LMR: TSXV) discovered high-grade graphite at La Loutre property in Quebec and is working toward a Pre Economic Assessment to increase current resource to 10m/t of 10% Cg.

“Initial indications are that La Loutre Graphite Property is high-quality and high-grade and thus worthy of development.” stated A. Paul Gill, CEO. “The only operating graphite mine in North America which is the Imerys Graphite & Carbon at Lac-des-Îles, is 30 miles northwest of La Loutre and has operated for 30 years.

Lomiko is in an ideal position to participate in the Electrical Vehicle market with the potential to become a North American supplier of graphite materials.

Hub On AGORACOM

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New Age Metals Inc. (NAM: TSXV) is a green metals company focused on PGM and Lithium. The company’s Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium.  Manitoba is THE untapped frontier for ‘Hard Rock’ Lithium.

The Company’s philosophy is to be a project generator with the objective of optioning its Lithium projects with major and junior mining companies through to production.

Hub On AGORACOM

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St-Georges Eco-Mining (SX:CSE) is developing new technologies to solve some of the most common environmental problems in the mining industry.  The company is focused on value-adding the recovery of battery-grade nickel, ferronickel for alloying in the stainless steel industry and recovery of valuable elements such as cobalt. St-Georges is working on processing nickel and minimizing tailings with solutions to energy challenges.

The company is also working on lithium extraction technologies with non-conventional resources, such as clays, and working on ways to concentrate and reduce the environmental impact while unlocking the valuable content of the material.

More than just lip service, the Company’s lithium extraction technology has already delivered its first License agreement with Iconic Minerals in exchange for:

  •  $100,000 cash
  • 5,000,000 shares in 3 stages
  • A perpetual net revenue interest royalty (NRI) of 5% on all minerals produced on sites licensed with SX technologies in the state of Nevada

Hub On AGORACOM

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Tartisan Nickel (TN:CSE) – 95 Million Pounds Of Contained Nickel

Nickel is the new gold, a critical element for the growing electric vehicle market, Tartisan just announced a re-estimation of the Mineral Resource Estimate at the Kenbridge Nickel-Copper-Cobalt Project. Kenbridge holds mineral resources of 7.5 Mt of 0.58% Ni and 0.32% Cu for a total of 95 Mlb of contained nickel.  Class 1 nickel sulphide deposits are emerging as a key supplier of Nickel to the growing electric vehicle market.

CEO Mr. Mark Appleby stated, “The Updated Mineral Resource Estimate was necessary to determine if Kenbridge mineralization is potentially extractable under current metal prices and exchange rates. This is a major milestone achieved by the Company as the market conditions for Class 1 nickel sulphide deposits improve. The differences between the previous P&E Mineral Resource Estimate (2008) and the current P&E Updated Mineral Resource Estimate are attributed to changes in metal prices and recalculation of NSR values.

Hub On AGORACOM

Gratomic $GRAT.ca Battery Update $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 8:18 AM on Tuesday, September 22nd, 2020
  • Gratomic is ready to introduce its graphite to battery producers for use in advanced anode technology.
  • Aukam graphite is a much cleaner alternative to this market’s current supply options as a sustainably sourced resource

TORONTO, ON / ACCESSWIRE / September 22, 2020 / In light of Tesla’s battery week Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(OTC PINK:CBULF)(FRANKFURT:CB81) (WKN:A143MR) is gearing up to bring its high grade, environmentally sustainable graphite to the North American EV market.

In a race that started in 2012, Gratomic is the only one of several graphite companies that has successfully brought its asset through to the final construction phase.

The Company is now ready to introduce its graphite to battery producers for use in advanced anode technology. Being of such naturally high purity, Gratomic’s vein graphite is ideal for use in this application, requiring simpler, less expensive and more efficient processing methods, resulting in a final product with naturally lower contents of deleterious elements.

In addition to its high purity levels, the Company’s Aukam graphite is a much cleaner alternative to this market’s current supply options as a sustainably sourced resource as per the Company’s September 3rd Press Release. The Company intends to establish a new benchmark for recording and guaranteeing the product’s carbon footprint, based on latest generation blockchain technology.

“Gratomic has entered into discussions with several carbon-to-battery experts with the intent to provide a tailored product for the battery market.” says CEO and President, Arno Brand.

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 recommendations 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.

Risk Factors

No mineral resources, let alone mineral reserves demonstrating economic viability and technical feasibility, have been delineated on the Aukam Property. The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with the processing plant.

The Company advises that it has not based its production decision on even the existence of mineral resources let alone on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.

Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.

Failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability.

Steve Gray, P. Geo. and a Director of the Company has reviewed and approved the scientific and technical information in this press release and is the Company’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Gratomic Inc.

Gratomic is an advanced materials company focused on mine to market commercialization of graphite products and components for a range of mass market products. The Company currently holds two off-take purchase agreements for graphite product sourced from the Aukam facility. One agreement is with TODAQ and the other is with Phu Sumika. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at [email protected] or 416 561-4095

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

Gratomic $GRAT.ca Aims to Become a Cleaner Source of Graphite for North American Consumers $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 8:17 AM on Thursday, September 3rd, 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 analyzed 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.
Risk Factors

No mineral resources, let alone mineral reserves demonstrating economic viability and technical feasibility, have been delineated on the Aukam Property. The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with the processing plant.

The Company advises that it has not based its production decision on even the existence of mineral resources let alone on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.
Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.

Failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability
Steve Gray, P. Geo. and a Director of the Company has reviewed and approved the scientific and technical information in this press release and is the Company’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Gratomic Inc.

Gratomic is an advanced materials company focused on mine to market commercialization of graphite products and components for a range of mass market products. The Company currently holds two off-take purchase agreements for graphite product sourced from the Aukam facility. One agreement is with TODAQ and the other is with Phu Sumika. The Company is listed on the TSX Venture Exchange under the symbol GRAT.
For more information: visit the website at www.gratomic.ca or contact:
Arno Brand at [email protected] or 416 561-4095
“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

Gratomic $GRAT.ca Early Arrival of Equipment from China Slated for Aukam Processing Plant Completion $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 8:16 AM on Wednesday, August 26th, 2020
Grat square logo image   light

TORONTO, ON / ACCESSWIRE / August 26, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(OTC PINK:CBULF)(FRANKFURT:CB81) (WKN:A143MR) wishes to announce that its anticipated custom equipment order from China has been safely received ahead of schedule and is currently on site at the Walvis Bay Port in Namibia. This equipment is required for the completion of its Aukam Graphite Mine processing plant construction.

The various components including thickener tanks, cyclone, filter press and chipper, rotary dryer and various additional pieces required for facility completion will be inspected, loaded, and shipped to the Aukam property via trucking service upon clearing customs.

The early arrival has no impact on the Company’s prior construction schedule as preparations are currently meeting Gratomic’s previously scheduled timelines.

About Gratomic Inc.

Gratomic is a materials company focused on mine to market commercialization of graphite products and components for a range of mass market products. The Company currently holds two off-take purchase agreements for graphite product sourced from the Aukam facility. One agreement is with TODAQ and the other is with Phu Sumika. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at [email protected] or 416 561-4095

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

Gratomic $GRAT.ca Announces Engineering Update for Final Layout of its Aukam Graphite Mine Processing Facility $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 2:41 PM on Tuesday, August 25th, 2020
Grat square logo image   light
  • Aukam Graphite processing plant is on schedule for commissioning in October of 2020

TORONTO, ON / ACCESSWIRE / August 25, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(OTC PINK:CBULF)(FRANKFURT:CB81)(WKN:A143MR) is pleased to announce an engineering update on the final layout and general assembly for its Aukam Graphite Mine processing plant, which is currently under construction and scheduled for commissioning in October of 2020.

General Assembly and final layout have been completed and work has commenced on site preparations required to accommodate the Company’s additional processing equipment, which is currently en route from China including thickener tanks, cyclone, rotary dryer, filter press, and various additional components.

The staff has safely returned to the Aukam site and are currently conducting excavation work in preparation for the pouring of the concrete foundations. Foundational steelwork has been installed to allow for the pouring of concrete. To date, approximately 100 tonnes of excavation groundwork has been completed to accommodate the construction of these foundations. Gratomic has identified two contractors that will complete the steelwork and installation for the platforms, catwalks, and additional necessary components.

Gratomic’s custom engineered and self-constructed facility was designed to encompass the highest degree of efficiency and effectiveness possible. Upon commissioning, this plant is intended to exceed production capabilities demonstrated by many of its competitors by generating minimal environmental impact.

About Gratomic Inc.

Gratomic is a materials company focused on mine to market commercialization of graphite products and components for a range of mass market products. The Company currently holds two off-take purchase agreements for graphite product sourced from the Aukam facility. One agreement is with TODAQ and the other is with Phu Sumika. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at [email protected] or 416 561-4095

Gratomic $GRAT.ca: The Evolution of The Aukam Graphite Mine $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 2:15 PM on Wednesday, July 29th, 2020
Grat square logo image   light

Gratomic Inc. designed and constructed a pilot processing facility in order to assess the requirements needed for the design and construction of its commercial processing facility at the Aukam Graphite Mine in Namibia, Africa. To date, the commercial facility is 90% completed, with finalization slated for the Fall of 2020.

Gratomic $GRAT.ca Appoints Armando Farhate as Chief Operations Officer and Head of Graphite Marketing and Sales $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 10:49 AM on Wednesday, July 15th, 2020
Grat square logo image   light
  • Mr. Farhate will oversee all operations for the Aukam Graphite Mine
  • Prior experience in the planning, engineering, project management, marketing and sales areas of the graphite mining industry

TORONTO, ON / ACCESSWIRE / July 15, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(FRANKFURT:CB81)(WKN:A143MR) officially welcomes Armando Farhate aboard as Chief Operations Officer and Head of Graphite Marketing and Sales. Mr. Farhate was previously appointed as Head of the Advisory Board. Due to his extensive and successful experience in the graphite mining industry, Gratomic is thrilled to have him onboard in his new role with the Company.

Mr. Farhate will oversee all operations for the Aukam Graphite Mine in Namibia, Africa. This includes the completion of the final 10% of construction required to take the processing plant into the full commissioning phase. He will also be responsible for the management of graphite product sales and marketing, leading to the procurement of purchase contracts and the vertical integration required for the creation and sale of end-user products. Mr. Farhate’s appointment as Chief Operations Officer is subject to TSX Venture Exchange approval

Mr. Farhate’s prior experience in the planning, engineering, project management, marketing and sales areas of the graphite mining industry make him the ideal candidate to fill this role. In past projects, he was responsible for quality management, environmental management, and implementing strategic and tactical planning. In addition to operations and graphite marketing and sales, Mr. Farhate will oversee the quality management of the Aukam Graphite Mine and he will coordinate important decisions regarding processing.

Some notable accomplishments in Mr. Farhate’s experience include Natural Graphite Operations/Product Director with Imreys Graphite and Carbon and COO at National de Graphite Ltda. Some of Mr. Farhate’s responsibilities at Imreys included acting as Operations Director, directly responsible for the mining and processing units in Lac-Des-Îles, QC, and Terrebonne, QC, Canada, with 60 employees and annual sales revenue of $ 18 MM CDN. Farhate obtained 15% of OEE improvement and reduction to zero of lost time accidents. He carried out technical visits and operational due-diligences in projects of new industrial units in several countries, including a project that resulted in a joint venture in Namibia, with assets of US$ 40MM and Imreys holding a 51% share of the joint venture.

While at Imreys, Farhate was also responsible for ensuring that the product offering was adequate to the needs of the target markets, which included the preparation and development of business cases aimed at launching new product lines and new production processes; the definition of sales price policies, and the development of Marketing and Sales plans for new industrial units. He was in charge of the long-term strategy for Natural Graphite, including the definition of new production locations and sourcing strategies.

During his time at National de Grafite Ltda., Armando Farhate was responsible for the direct management of Geology, Mine Planning, Mining, Processing, Industrial Engineering, R&D, Quality System, Environment, and Sales & Marketing. He performed high level contacts with federal and state regulatory public organizations in Brazil, as well as with municipalities and state congressmen, regarding mining permitting and environment licensing processes.

Mr. Farhate coordinated new mine opening processes, including the obtaining of mining permissions and environment licenses. He coordinated, together with specialized consultants, mineral assets evaluation processes and implemented control tools generating integrated information about output, efficiency, cost and inventory levels of three different plants and more than 20 product lines, optimizing production planning and order fulfillment and obtaining OEE improvements up to $1.25 MM/yr. CDN at the three industrial units held by NDG.

He led new product and process development, including the negotiation of partnerships with public and private universities in Brazil and abroad with emphasis on the obtaining of graphite oxide and graphene from natural crystalline graphite, and on the development of process technology for lithium-ion battery anode. He conducted, in partnership with HR and Controlling, a restructuring process on administrative and supporting areas, including upper management, with saving of $300,000/yr CDN.

Mr. Farhate’s experience and expertise will undoubtedly be of great value to the Company.

About Gratomic Inc.

Gratomic is a materials company focused on mine to market commercialization of graphite products and components for a range of mass market products. The Company currently holds two off-take purchase agreements for graphite product sourced from the Aukam facility. One agreement is with TODAQ and the other is with Phu Sumika. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at [email protected] or 416 561-4095

Gratomic $GRAT.ca Announces Shipment of Final Equipment to Complete Aukam Processing Plant $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 10:29 AM on Tuesday, July 14th, 2020
Grat square logo image   light

TORONTO, ON / ACCESSWIRE / July 14, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(FRANKFURT:CB81)(WKN:A143MR) is pleased to announce that the shipment of the final pieces of equipment has commenced – a custom drying, size classification and dewatering assembly – required for the Aukam processing plant which, once installed, will complete the mechanical system required to bring the plant into the commissioning phase.

The custom drier system departed the Port of Shenzen China on the 13th of July 2020, and is being shipped to Walvis Bay, Namibia with an estimated arrival to occur in September. Once the three containers of equipment arrive at Walvis Bay, the equipment will be prepared and then trucked to the Aukam site.

https://www.accesswire.com/users/newswire/images/597439/GratomicImg107142020.png
Photo of equipment being loaded into containers at the factory in China

Manhattan Engineering, out of Johannesburg, was engaged to complete the structural and civil engineering designs to complete the platforms and foundations required to install the final pieces of equipment at the Aukam site and submitted the final drawings on the 8th of July 2020. During the shipping period, the Company will complete the requisite onsite preparations including installation of concrete foundations, conveyor screw installations, and upgrades of onsite electrical facilities to ensure quick installation and subsequent commissioning of the processing facility. As per the Company’s news releases dated May 21, 2020 and May 25, 2020 confirming the Company’s commitment to the delivery of the first three purchase orders totalling 1,800 tonnes to TODAQ commencing in November 2020, the pending arrival and subsequent installation of the final pieces of the mill assembly confirms the Company’s commitment to meet this schedule.

“We are very excited to see the last pieces of equipment on their way as this will allow Gratomic’s Aukam Property to move into the commissioning phase before year’s end. I am also very confident and look forward to the steps ahead with TODAQ. I believe achieving these exciting milestones will further strengthen and build our business relations together as partners.” ~ President and CEO, Arno Brand.

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 appointed Dr. Ian Flint to complete a PEA on the Aukam processing plant.

The Company will deliver TODAQ’s Product to an onsite warehouse beginning in November 2020, to fill the first three purchase orders totalling 1800 tonnes. The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with the processing plant, nor the Company’s ability to fulfil its obligations to deliver the 1800 tonnes of graphite as required by the purchaser orders.

Gratomic wishes to emphasize that the supply of graphite pursuant to any off-take or supply agreement referred to in this news 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.

Risk Factors

No mineral resources, let alone mineral reserves demonstrating economic viability and technical feasibility, have been delineated on the Aukam Property. The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with the processing plant.

The Company advises that it has not based its production decision on even the existence of mineral resources let alone on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.

Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.

Failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability.

About Gratomic Inc.

Gratomic is a materials company focused on mine to market commercialization of graphite products and components for a range of mass market products. The Company currently holds two off-take purchase agreements for graphite product sourced from the Aukam facility. One agreement is with TODAQ and the other is with Phu Sumika. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at [email protected] or 416 561-4095

Graphite Miners News For The Month Of May 2020 SPONSOR: Gratomic $GRAT.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 8:39 AM on Friday, May 29th, 2020
Grat square logo image   light

Gratomic Inc. is an advanced, vertically integrated Licenced Mining and Exploration Company focused on mine to market commercialization of graphite and graphite products for a range of mass-market applications.  The Company currently holds two off-take agreements, one with TodaQ and one with Phu Sumika.  The first purchase order is anticipated to be filled in the fall of 2020 with high-purity vein graphite extracted from the Company’s Aukam Graphite Mine in Namibia. CliChina Graphite flake-195 spot prices were slightly higher in May. For More Info Click Here

Graphite market news – Graphite supply needs to increase nearly 500 percent by 2050.

Graphite company news – Bass Metals identified mineralization of at least 4.5km in strike. Magnis

Energy NY Battery Plant funding is close to closing. Nouveau Monde receives $5.2m funding.

Welcome to the May edition of the graphite miners news. May saw graphite prices rise slightly and not a lot of news.

A reminder of a 2016 Elon Musk quote:

Our cells should be called Nickel-Graphite, because primarily the cathode is nickel and the anode side is graphite with silicon oxide.

Graphite price news

During May China graphite flake-195 EXW spot prices were up 0.71%, and are up 10.26% over the past year. Note that 94-97% is considered best suited for use in batteries; it is then upgraded to 99.9% purity to make “spherical” graphite used in Li-ion batteries.

Graphite price chart – Large flake graphite price is ~USD 830/t

Source: Northern Graphite

In my January 30, 2018 Trend Investing Interview with Benchmark Minerals Simon Moores said about graphite:

Spherical graphite anode plants, predominately based in China, were traditionally 5-10,000 tpa but now we are tacking four megafactories are looking to produce 60,000 to 100,000 tpa from 2020 onwards.

The impact of the proposed megafactories on raw material demand (graphite in red)

Source: Benchmark Mineral Intelligence

Graphite market news

On April 27, The Korea Times reported:

LG Chem bets big on carbon nanotubes. LG Chem will invest 65 billion won ($53 million) by the first quarter of 2021 to expand production of carbon nanotubes, which are known to be among the strongest, lightest and most conductive fibers, at its plant in Korea. With the investment, the company said it will expand the annual production capacity to 1,700 tons from the current 500 tons. “By using carbon nanotubes as anode-conductive additives, we will be able to reduce the use of conductive materials by about 30 percent and increase the capacity of lithium-ion batteries,” the company said.

On May 13, Graphite Investing News reported:

Graphite supply needs to increase nearly 500 percent by 2050. The energy revolution and the push for lower carbon emissions are unstoppable trends that will continue to unfold in the coming decades. Demand for energy storage is expected to be so high that production of key battery metals such as graphite will need to ramp up to unprecedented levels. According to a new World Bank report, just to meet the increasing demand from this segment, graphite output will need to jump by nearly 500 percent by 2050.

On May 14, Fastmarkets reported:

Fine flake prices fall while market for larger sizes tightens. Prices in the +194 market and parts of the +894 market have risen, with consumers that need to secure material being prepared to accept higher offers.

Graphite miner news

Graphite producers

I have not covered the following graphite producers as they are not typically accessible to most Western investors. They include – Aoyu Graphite Group, BTR New Energy Materials, Qingdao Black Dragon, National de Grafite, Shanshan Technology, and LuiMao Graphite.

Note: Imerys Graphite and Carbon (OTC:IMYSF) and AMG Advanced Metallurgical Group NV [NA:AMG] [GR:ADG] (OTCPK:AMVMF) are also “diversified producers”, producing graphite. SGL Carbon (OTCPK:SGLFF) [ETR:SGL] is a synthetic graphite producer.

Syrah Resources Limited [ASX:SYR][GR:3S7]( OTCPK:SYAAF)(OTC:SRHYY)

Syrah Resources Limited owns the Balama graphite mine in Mozambique.

On May 4, Syrah Resources Limited announced:

Battery Anode Material Project [USA] – Restart of Operations. Syrah Resources Limited is pleased to announce restart of operations at the Battery Anode Material (“BAM”) plant in Vidalia (Louisiana, USA)……Currently 100% of all anode precursor material into the lithium ion battery supply chain is manufactured in China. Ex-China AAM producers in Korea and Japan are therefore wholly reliant on China for supply of natural graphite anode precursor material. This in-turn means ex-China battery cell manufacturers in Japan, Korea, the USA and Europe are therefore reliant on China for their anode supply chains. Syrah aims to provide an alternate and complementary supply of anode material to existing China supply to meet growing demand…..Production of qualification samples of AAM is planned during H2 2020.

Source: May 4, 2020 BAM Project

You can view the latest investor presentation here, and the Chairman’s May 2020 AGM address here.

Bass Metals [ASX:BSM] [GR:R2F] (OTC:BSSMF)

On May 18 Bass Metals announced: “exploration update”.

Highlights:

  • “Bass recently completed an initial surface exploration program which identified mineralization of at least 4.5km in strike between the Mahela and Loharano large flake graphite deposits (the “Mineralized Trend”)(ASX announcement 29th April 2020) and identified several high priority targets……
  • 14 of the 15 holes drilled to date have recorded regolith hosted, large flake graphite mineralization present.
  • The Project is a near-mine mineralization zone located a short 2km haul to well-established large flake graphite mining and processing infrastructure (Graphmada).
  • The Company plans for the results of this drilling, and follow up diamond drilling, to support materially expanding Graphmada’s Mineral Resource.”

Ceylon Graphite [TSXV:CYL] [GR:CCY] (OTC:CYLYF)

Ceylon Graphite has ‘Vein graphite’ production out of one mine in Sri Lanka with 121 square kilometers of tenements.

No news for the month.

Mineral Commodities Ltd. (“MRC”) [ASX:MRC]

Skaland Graphite is 90% owned by MRC. Skaland is the highest grade flake graphite operation in the world and largest producing mine in Europe; with immediate European graphite production of up to 10,000 tonnes per annum with regulatory approval to increase to 16,000. MRC owns 90%.

On April 30, Mineral Commodities Ltd. announced: “Quarterly activities report-March 2020.” Highlights include:

  • “Tormin – Key environmental approval received at Tormin for expanded mining rights and downstream processing.
  • Tormin – Prospecting Rights for Northern Beaches and Inland Strand granted and registered.
  • Tormin – Resource drilling underway with up to 62% THM intersected at Inland Strandline along with new Eastern Strandline discovery.
  • Skaland Graphite – Maiden JORC resource of Indicated and Inferred 1.78 million tonnes at 22% TGC announced.
  • Munglinup DFS completed, demonstrating robust outcomes that enable MRC to move to 90% ownership: Post-tax – Net Present Value (“NPV7”) US$111M [AU$160M]. Post-tax project – IRR 30%. Capex – US$61M (AU$88M). Opex – US$491/tonne [FOB] (AU$720/tonne).
  • Munglinup/Skaland downstream purification testwork progressing well with results due for release in Q2 2020.
  • NPBT 2019 full year results – Revenue of US$61.8M up 12%, EBITDA US$16.5M up 12%, NPBT US$11.9M up 14% and NPAT US$7.8M down 11%.”

On May 19, Mineral Commodities Ltd. announced:

Tormin Northern Beach delivers high grade maiden resource…High-grade resource of 2.5 Million tonnes at 23.5% Total Heavy Minerals (“THM”).

Graphite developers

Magnis Energy Technologies Ltd. [ASX:MNS] (OTC:URNXF) (formerly Magnis Resources)

Magnis is an Australian based company that has rapidly moved into battery technology and is planning to become one of the world’s largest manufacturers of lithium-ion battery cells. Magnis has a world class graphite deposit in Tanzania known as the Nachu Graphite Project.

On May 15, Magnis Energy Technologies Ltd. announced: “NY Battery Plant – major milestones completed.” Highlights include:

  • “Detailed engineering and facility pre-work completed on the New York Battery Plant.
  • Reports commissioned at the request of three prospective investors have been finalised for their due diligence process.
  • Potential financiers have provided Non-Binding term sheets and a LOI, but COVID-19 pandemic is delaying funding closure.
  • Sale of a portion of the nickel foam purchased as part of the plant acquisition, nets iM3NY over AUD$500,000.”

On May 21, Magnis Energy Technologies Ltd. announced: “Evaluation of Nachu Graphite by major prospective customers.” Highlights include:

  • “Samples of Nachu high purity graphite provided to South Korean and Japanese LIB battery anode suppliers.
  • Ongoing metallurgical work to optimise production of uncoated spherical graphite at >99.95% TGC purity using low cost mechanical process.
  • Two-step process with Flake graphite concentrate produced initially at 99.8%TGC purity with subsequent spheronisation achieving >99.95% TGC purity.”

Eagle Graphite [TSXV:EGA] (OTC:APMFF)

The Black Crystal Project is located in the Slocan Valley area of British Columbia, Canada, 35km West of the city of Nelson, and 70km North of the border to the USA. The quarry and plant areas are the project’s two main centers of activity.

No news for the month.

Battery Minerals [ASX:BAT] [GR:0FS]

Battery Minerals core commodity targets are graphite, zinc/lead and copper. BAT is maintaining a focus on its two graphite development assets Montepuez and Balama which are located in Mozambique.

No news for the month.

You can view the latest investor presentation here.

Mason Graphite [TSXV:LLG] [GR:M01] ( OTCQX:MGPHF)

Mason Graphite is a Canadian graphite mining and processing company focused on the development of the Lac Guéret project located in northeastern Quebec, where the graphite grade is believed by management to be among the highest in the world.

No news for the month.

You can view the latest investor presentation here.

Triton Minerals [ASX:TON][GR:1TG]

Triton Minerals Ltd. engages in the acquisition, exploration and development of areas that are highly prospective for gold, graphite and other minerals. The company was founded on March 28, 2006 and is headquartered in West Perth, Australia. Triton has three large graphite projects in Mozambique, not far from Syrah Resources Balama project.

No significant news for the month.

You can view the latest investor presentation here and an excellent video here.

NextSource Materials Inc. [TSX:NEXT] [GR:1JW] (OTCQB:NSRCF)

NextSource Materials Inc. is a mine development company based in Toronto, Canada, that’s developing its 100%-owned, Feasibility-Stage Molo Graphite Project in Madagascar. The Company also has the Green Giant Vanadium Project on the same property.

No news for the month.

Investors can view the latest company presentation here. You can watch the company’s Senior Vice President Brent Nykoliation video interview here.

Northern Graphite [TSXV:NGC][GR:ONG] (OTCQX:NGPHF)

Northern’s principal asset is the Bissett Creek graphite project located 100km east of North Bay, Ontario, Canada and close to major roads and infrastructure. The Company has completed an NI 43-101 Bankable final Feasibility Study and received its major environmental permit.

No news for the month.

You can view the latest investor presentation here.

Talga Resources [ASX:TLG] [GR:TGX] (OTCPK:TLGRF)

Talga Resources Ltd. is a technology minerals company enabling stronger, lighter and more functional materials for the multi-billion dollar global coatings, battery, construction and carbon composites markets using graphene and graphite. Talga 100% owned graphite deposits are in Sweden, proprietary process test facility is in Germany.

On April 30, Talga Resources announced: “Quarterly activities review for the period ending 31 March 2020.” Highlights include:

Commercial & Product Development

  • “MOU agreement signed with Mitsui for joint project development.
  • Successful 60 tonne pilot graphite concentrate program supports anode market development.
  • Talga in Bentley Motors electric drive project (subsequent to the period).
  • 33,000 tonne ship trials push graphene-coating demand.”

Mineral Project Development & Exploration

  • “Environmental approval received for Vittangi Stage 1 Mining Operation, Sweden.”

Corporate & Investor Relations

  • “COVID-19 operational update and cost reduction measures.
  • Cash balance of A$6.6 million as at 31 March 2020.”

You can view the latest investor presentation here.

SRG Mining Inc. [TSXV:SRG] [GR:18Y] [Formerly SRG Graphite Inc.]

SRG is focused on developing the Lola graphite deposit, which is located in the Republic of Guinea, West Africa. The Lola Graphite occurrence has a prospective surface outline of 3.22 km2 of continuous graphitic gneiss, one of the largest graphitic surface areas in the world. SRG owns 100% of the Lola Graphite Project.

On May 8, SRG Mining Inc. announced: “SRG Mining Inc. announces grant of Stock Options.”

You can view the latest investor presentation here.

Leading Edge Materials [TSXV:LEM] (OTCQB:LEMIF)

Leading Edge Materials Corp. is a Canadian company focused on becoming a sustainable supplier of a range of critical materials. Leading Edge Materials’ flagship asset is the Woxna Graphite production facility in central Sweden. The company also owns the Bergby lithium project, the Norra Karr REE project, and the Kontio cobalt project all located in Scandinavia.

No significant news for the month.

Investors can view the latest company presentation here.

Nouveau Monde Graphite [TSXV:NOU] (OTCQX:NMGRF)

Nouveau Monde Graphite own the Matawinie graphite project, located in the municipality of Saint-Michel-des-Saints, approximately 150 km north of Montreal, Canada.

On April 29, Nouveau Monde Graphite announced: “Nouveau Monde receives over $5.2m in financial support.” Highlights include:

  • “$3,000,000 non-refundable financial assistance from Transition énergétique Québec’s Technoclimat program.
  • $1,994,405 in funding closed with Investissement Québec through two loan offers.
  • 5% increase to Sustainable Development Technology Canada’s $4,250,000 initial grant representing an additional $212,500.”

You can view the latest investor presentation here.

Volt Resources [ASX:VRC] [GR:R8L]

Volt Resources Ltd. is a graphite exploration company. The Company is focused on the exploration and development of its existing wholly owned Bunyu Graphite Project in Tanzania and the identification of further assets globally which have the potential to add value to shareholders.

No news for the month.

You can view the latest investor presentation here.

Renascor Resources [ASX:RNU]

Renascor Resources Ltd. is an Australian exploration company, which focuses on the discovery and development of economically viable deposits containing uranium, gold, copper, and associated minerals. Its projects include graphite, copper, precious metals, and uranium.

On April 30, Renascor Resources announced: “Quarterly report 31 March 2020.” Highlights include:

  • “Renascor’s development of its 100%-owned Siviour Graphite Project continues, with focus on battery-grade, Purified Spherical Graphite for use in lithium-ion batteries. Work undertaken during the recently completed quarter included. Discussions with potential offtake partners in Northeast Asia and Europe, which have revealed strong interest in Renascor’s plans to develop a Purified Spherical Graphite Advanced Manufacturing operation within Australia. An advanced study on a vertically integrated Purified Spherical Graphite operation. Additional production trials to produce qualifying Purified Spherical Graphite samples from Siviour graphite concentrates. Continued mineral processing tests aimed at optimising production parameters for producing graphite concentrates and Purified Spherical Graphite.
  • Letter of Support received for the provision of finance from Export Finance Australia, the official Export Credit Agency of the Australian Government.
  • Renascor has taken steps to manage the impact of COVID-19, with work programs being designed to ensure that they can continue with minor disruptions due to travel restrictions and shipping delays.
  • Cash position of approximately $2.1m as of 31 March 2020, which does not include a further $137,000 in placement proceeds due from Renascor Directors following Shareholder approval at 11 March 2020 Shareholder meeting.”

You can view the latest investor presentation here.

EcoGraf Limited [ASX:EGR]

On April 30, EcoGraf Limited announced: “March 2020 quarterly report. Australian Government Agency provides in-principle debt funding support for Kwinana battery recycling provides new global market opportunity.” Highlights include:

  • “Kwinana battery graphite manufacturing facility advances towards development. In-Principle debt funding support received from Export Finance Australia. Commercial and technical due diligence for debt and equity funding processes underway with prospective financiers. Sales and offtake arrangements under discussion with major battery and industrial groups in Asia and Europe. Feedstock supply agreement signed with leading German group TECHNOGRAFIT GmbH. Successful completion of feedstock optimisation program.
  • Epanko debt financing. US$60 million debt financing proposal submitted to the Government of Tanzania for the construction of the new Epanko Graphite Mine.
  • Successful EV battery recycling trial achieving. 99% carbon. Recycling results provide new opportunity for EcoGraf™ purification technology as market demand shifts to zero waste batteries and closed-loop manufacturing.
  • Investment continues in Europe to transition towards renewable energy for electric vehicles, supporting the shift to new responsibly produced raw material supplies.
  • Board and management implement cost reduction measures to preserve shareholder value in reaction to COVID-19 virus.
  • Company progressing several alternatives to provide additional funding for Kwinana and Epanko pre-development programs.”

On May 12, EcoGraf Limited announced:

High purity fines qualified with European customers. An additional Commercial advantage for Kwinana Facility. EcoGraf Limited is pleased to announce that it has received confirmation that the Company’s high purity graphite which is produced from low value graphite by-product fines utilising the EcoGraf. Process has been qualified by two leading European industrial customers as meeting their strict physical and chemical specifications. In the production of battery [spherical] graphite for the lithium-ion battery market up to 50% of the initial graphite feedstock reports as fines. The ability to further process this low value by-product and sell as a high value product adds significant further value to the processing economics for production of battery [spherical] graphite using the EcoGraf proprietary non-hydrofluoric purification process.

On May 21, EcoGraf Limited announced: “EcoGraf successfully completes share placement. Funds to be applied towards development of New Australian battery graphite business.” Highlights include:

  • “Share Placement oversubscribed, raising $1.6 million at 6.5 cents per share.
  • Strong support from existing shareholders and encouraging participation by new institutional investors.
  • Funds to be applied towards: Development of a state-of-the-art EcoGraf™ battery graphite facility in Kwinana, Western Australia, including: Finalising offtake arrangements with priority customers in Europe and Asia. Preparation of marketing and technical reports to support Government funding processes. Securing lender approvals for the proposed US$35 million debt financing. Pre-development technical programs and submission of Government development approvals. Completion of engineering, procurement, construction and operations planning arrangements. Securing Government approvals for the Epanko US$60 million debt financing proposal developed with KfW IPEX-Bank.
  • Opportunity for eligible existing shareholders to participate via a Share Purchase Plan at 6.5 cents per share to raise up to an additional $500,000.”

You can view the latest investor presentation here.

ZEN Graphene Solutions Ltd. [TSXV:ZEN] (OTCPK:ZENYF) (formerly Zenyatta Ventures)

ZEN Graphene Solutions Ltd. is a mineral development company based in Thunder Bay, Ontario. ZEN Graphene is currently developing the Albany Graphite Deposit (“Albany”), as well as developing graphene and graphene applications.

No significant news for the month.

Sovereign Metals [ASX:SVM] [GR:SVM]

Sovereign Metals Ltd. is an exploration company, which engages in the explorations of graphite, copper and gold resources. It operates through the Queensland, Australia and Malawi geographical segments. Sovereign Metals has world’s biggest graphite saprolith resource of 65m tonnes at 7.1% TGC at their Maligunde project in Malawi.

No significant news for the month.

You can view the latest investor presentation here.

New Energy Metals Corp. (OTCPK:NEMCF) [ASX:NXE] (formerly Mustang Resources)

New Energy Minerals are pioneering Vanadium and Graphite mining, exploration, and technology. With the unique Caula Project in Mozambique nearing production, they are set to supply the high quality resources critical to the rapidly expanding new energy market.

No news for the month.

You can view the latest investor presentation here.

Westwater Resources (WWR) (formerly Alabama Graphite)

Westwater Resources Inc. is developing an advanced battery graphite business in Alabama, holds dominant mineral rights positions in the Western United States and the Republic of Turkey for both lithium and uranium deposits, as well as licensed production facilities for uranium in Texas.

On April 30, Westwater Resources Inc. announced:

Westwater Resources prevails in key decision in the international arbitration against Turkey. Westwater Resources, Inc., an energy materials development company, announced that the tribunal appointed by the International Centre for Settlement of Investment Disputes [ICSID] has issued a procedural order that denies a request made by the Republic of Turkey to bifurcate the arbitration proceeding. As a result, a hearing on the merits is now scheduled for September 2021.

On May 14, Westwater Resources Inc. announced: “Westwater Resources reports first quarter 2020 results & Energy Materials business update.” Highlights include:

Battery Graphite Business Update:

  • “Our battery graphite business continues on track toward operation of a pilot plant, which we anticipate will make battery graphite in bulk quantities in the fourth quarter of 2020……

You can view the latest investor presentation here.

Other graphite juniors

Berkwood Resources [TSXV:BKR] [GR:BR2N] (OTC:CZSVF), BlackEarth Minerals [ASX:BEM], Black Rock Mining [ASX:BKT], DNI Metals [CSE:DNI] (OTCPK:DMNKF), Eagle Graphite [TSXV:EGA] [GR:NJGP] (OTC:APMFF), Elcora Advanced Materials Corp. [TSXV:ERA](OTCPK:ECORF), First Graphene [ASX:FGR] (OTC:FGPHF), Focus Graphite [TSXV:FMS][GR:FKC] (OTCQB:FCSMF), Graphite One Resources Inc. [TSXV:GPH] [GR:2JC] (OTCQB:GPHOF), Gratomic Inc. (TSXV:GRAT), Graphite Energy Corp. [CSE:GRE] [GR:GOA] (OTCPK:GRXXF), Lomiko Metals Inc. [TSXV:LMR] (OTCQB:LMRMF), NovoCarbon Corp. (formerly Great Lakes Graphite [TSXV:GLK] [GR:8GL] (OTC:GLKIF)), Walkabout Resources Ltd. [ASX:WKT].

Conclusion

May saw graphite prices rise slightly.

Highlights for the month were:

  • Fine flake prices fall while market for larger sizes tightens.
  • LG Chem bets big on carbon nanotubes.
  • Graphite supply needs to increase nearly 500 percent by 2050.
  • Bass Metals identified mineralization of at least 4.5km in strike between the Mahela and Loharano large flake graphite deposits, 2kms from their Graphmada mine.
  • Magnis Energy NY Battery Plant funding is close to closing.
  • Nouveau Monde receives over $5.2m in financial support.
  • EcoGraf Kwinana battery graphite manufacturing facility advances towards development.

Source: https://seekingalpha.com/article/4350566-graphite-miners-news-for-month-of-may-2020

Finalization of Gratomic TODAQ Off-take Agreement $GRAT.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 9:27 AM on Thursday, May 21st, 2020
Grat square logo image   light
  • Gratomic has formulated a concrete plan to complete the final 10% of mine construction and begin commission by October of 2020.

TORONTO, ON / ACCESSWIRE / May 21, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(FRANKFURT:CB81)(WKN:A143MR) is pleased to announce an update on the purchase agreement between the Company and TODAQ where Gratomic’s Aukam mined graphite will be utilized as a backstop to underpin the value of deployed TODA Notes (“TDN“). TODA Notes are a payment and loyalty asset which are backstopped by a mixed basket of digital economy commodities, land and monetary assets with graphite among the first underlying commodities, which will be supplied by Gratomic Inc.

The Companies are pleased to announce that they are planning to extend delivery schedules against TODAQ’s current Purchase Orders for Aukam graphite, to be supplied by Gratomic Inc., and that they are continuing to work together to execute on the existing off-take agreement.

Co-Founder and CEO of TODAQ, Mr. Hassan Khan, states that In spite of the upheaval in the markets this year, we’ve been pleased to see overall demand increase for digital assets backed by ‘digital economy’ commodities like graphite. We look forward to working alongside our partner Gratomic in moving this project forward to delivery.”

Gratomic is currently completing its financing, which is intended to bring the mine into commission.

The Company has formulated a concrete plan to complete the final 10% of mine construction and begin commission by October of 2020.

The Commissioning Phase will lead the company into full production capacity of 20,000 tonnes per annum.

“We are very pleased at the progress of our purchase agreement with TODAQ and the coming completion of our processing facility at Aukam. We anticipate a long and successful business relationship with our partners at TODAQ” ~ President and CEO, Arno Brand

The Company will deliver TODAQ’s Product to an onsite warehouse beginning in November 2020, to fill the first three purchase orders totalling 1800 tonnes. Concurrent with the first delivery, both companies will be working together to implement an interoperable, transparent supply chain tracking solution powered by TODA for graphite along its entire lifecycle. The end goal is to provide the manufacturing, commodity trading or securitization markets a graphite digital asset that is fractionable, self-recording and self-validating with respect to its authenticity and provenance, and can be transacted peer to peer.

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.

Presently the Company uses its existing pilot processing facility to produce certain amounts of graphite concentrate from accumulated surface graphite.

Risk Factors

No mineral resources, let alone mineral reserves demonstrating economic viability and technical feasibility, have been delineated on the Aukam Property. The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with the processing plant.

The Company advises that it has not based its production decision on even the existence of mineral resources let alone on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.

Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.

Failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability.

About TODAQ

TODAQ is a technology company headquartered in Toronto, with offices throughout the globe, creating a new digitally-driven economic ecosystem that is intended to serve everyone. To date, the company has effectively partnered with enterprises, financial institutions, and governments as our primary customers. TODAQ has created a new Web 3.0 ‘Adot Browser Agent’ with integrated digital asset services. The browser agent provides seamless access to a level playing field for anyone to directly create, own, and trade unique digital assets.

TODAQ has developed two new Web 3.0 protocols: a decentralized digital asset ownership management protocol; and a new internet application protocol. The first protocol is the TODA protocol, a distributed data architecture that allows for the creation, ownership management, and settlement of unique digital assets. Second is the Adot protocol, an internet application protocol that can use the existing internet transport and network layer (TCP/IP) to ensure mass interoperability of digital asset ownership and trade; analogous to what HTTP has done for two-way communication.

TDN is a digital asset designed to offer a global, long-term and stable economic utility that is seamless, borderless and can be used for a truly broad variety of economic and market use cases.

About Gratomic Inc.

Gratomic is an advanced materials company focused on mine to market commercialization of graphite products, most notably high value graphene-based components for a range of mass market products.

Gratomic holds a Joint Venture collaboration agreement with Perpetuus Carbon Technology, a leading European manufacturer of graphenes, to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:
Arno Brand at [email protected] or 416 561-4095