#graphite « AGORACOM Small-cap Investor Relations Blog

Posts Tagged ‘#graphite’

Gratomic $GRAT.ca Signs Agreement to Acquire Remaining 37% Interest in Aukam Property $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca $NMI.ca #TODAQ

Posted by AGORACOM at 2:55 PM on Thursday, November 19th, 2020

November 19, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(OTC PINK:CBULF)(FSE:CB81)(WKN:A143MR) is pleased to report that it has entered into a definitive agreement (the “Agreement”) with Next Graphite, Inc. (“NextG”), for the acquisition of NextG’s 37% interest (the “Interest”) in Gazania 242 Pty Ltd. (the “Acquisition”), the Namibian company which holds the licenses on the Aukam property (“Aukam”). The Agreement was dated November 12, 2020 and executed on November 16, 2020. The parties negotiated an amendment to the Agreement dated November 16, 2020 which was executed on November 19, 2020. Upon completion of the acquisition, Gratomic will hold 100% of the rights and interests in the Aukam Mining License (ML215) and exploration License (EPL 3895).

Arno Brand, President and CEO commented, “It has been a pleasure working with Cliff Bream and his team at Next Graphite over the years and I look forward to continuing a strategic business relationship and building a strong future for Aukam together.”

In consideration for the Interest, Gratomic will, upon closing of the Acquisition (the “Closing“), issue 18,986,188 common shares (the “Escrowed Shares“), valued at $0.14 per share, and 2,272,727 common shares (the “Additional Shares” and collectively with the Escrowed Shares, the “Consideration Shares“)) in the capital of Gratomic (the “Common Shares“). Additionally, Gratomic has agreed to honour its previous contractual condition to provide NextG with US$500,000 from the first US$1,000,000 of net revenue generated from sales of graphite from the Aukam property pursuant to the issuance of the Additional Shares and the agreement to pay US$250,000 (the “Revenue Amount“). In the event the Revenue Amount is not paid in full by the 12-month anniversary of the Closing (the “Due Date“), then any outstanding Revenue Amount will be settled by the issuance to NextG of that number of common shares (the “Settlement Shares“) as is arrived at by dividing the then outstanding Revenue Amount by the closing price of the Common Shares on the first trading day following the Due Date, less the maximum discount allowed by the rules of the TSX Venture Exchange (“TSXV“).

The Consideration Shares will be issued to third parties and NextG shareholders (the “NG Recipients“), as directed by NextG, upon condition that no such issuance will result in any such recipient holding more than 9.9% of the Common Shares of Gratomic post issuance. The Escrowed Shares will be subject to an 18-month escrow subject to a release of 1/3 of the original balance every 6 months, pro rata, and the Additional Shares will be subject to an 12-month escrow and shall be released from escrow, pro rata, on the Due Date.

Gratomic has also granted the NG Recipients a right to participate in any future financings of Gratomic at the same price as any other participants on a pro rata basis to its percentage holding in Gratomic (calculated on the basis of the number of Consideration Shares remaining in Escrow) at the time of any such fundraise (calculated on a non-dilutive basis).

The Acquisition (including the issuance of the Consideration Shares and Additional Shares, if any) is subject to the fulfillment of certain conditions precedent as are customary for transactions of this size including the approval of the TSXV.

Cliff Bream, President and CEO of Next Graphite said, “we feel that combining the interests in Aukam will optimize the potential of Aukam and allow the shareholders of NextG to participate in the success of Gratomic. Many of us in the two companies have worked together for years, and we have great confidence that Gratomic will be successful with the Aukam project”.

About Gratomic Inc.

Established in 2014, Gratomic is an advanced materials company focused on low-cost mine to market commercialization of carbon-neutral, Eco-friendly, high purity vein graphite and is set to become a key player in EV and Renewable Resource supply chains. Gratomic Inc. is a leader among peers, anticipating full operational capabilities in late 2020 and aiming to transition to an open pit operation as early as the end of 2021.

Gratomic is in the process of solidifying its development plans for micronization and spheronization of its clean Aukam graphite. This significant milestone is a small, additional step in the Company’s existing Eco-friendly processing cycle and will allow its naturally high purity graphite to meet ideal North American battery grade standards for use in Li-ion battery anodes.

The Company promises to deliver mine-to-market traceability and guaranteed quality control. This will be accomplished by providing documented tracking on all graphite generated at its flagship Aukam Graphite Project. The tracking will begin at Aukam and will be verified at every stage during transport.

Two off-take purchase agreements are currently held for lump-vein graphite sourced from Gratomic’s Aukam Graphite Project in Namibia, Africa. Fulfillment of the contracts is slated to begin in 2021. The agreements exist with TODAQ and Phu Sumika.

TODAQ is an innovative tech company and will partner with Gratomic on its mine-to-market commodity tracking.

Phu Sumika is a large global graphite supplier to battery and lubrication companies. Gratomic Inc. 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

Subscribe to the link below to receive news and updates
https://gratomic.ca/contact/

Tags: #Commercialization, #Construction, #Disruptive, #graphite, #GRAT, #Gratink, #Gratomic, #Namibia
Posted in All Recent Posts, Gratomic | Comments Off on Gratomic $GRAT.ca Signs Agreement to Acquire Remaining 37% Interest in Aukam Property $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca $NMI.ca #TODAQ

Lomiko $LMR.ca Forms Technical, Safety, and Sustainability Committee and Charter to Oversee La Loutre Assessment $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 9:04 AM on Tuesday, November 17th, 2020

Vancouver, B.C., Nov. 17, 2020 (GLOBE NEWSWIRE) — Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) is focused on the exploration and development of flake graphite in Quebec for the new green economy. Lomiko is pleased to announce the Board of Directors has formed a Technical, Safety, and Sustainability Committee (“LTSSC”), reporting to the Board of Directors. At the time of formation, the LTSCC is comprised of A. Paul Gill, CEO, and two Independent Directors, Gabriel Erdelyi and Julius Galik.

LTSSC Committee Responsibilities

The LTSSC will oversee the assessment of the La Loutre Flake Graphite Property, and liaise with service providers, technical staff and stakeholders to put forward a series of crucial technical documents including, but not limited to, a Scope of Work (SOW), Graphite Characterization and Metallurgy, Response for Proposal (RFP) on a Preliminary Economic Assessment, and, if required, pre-feasibility, bulk samples, pilot plant, feasibility and construction plans. The Committee will govern the hiring of technical staff, liaise with extra-company agencies and representatives, and provide a conduit to the Board of Directors to make crucial decisions on the project.

Further additions to the Committee and the Lomiko team are anticipated and will be announced when confirmed.

Lomiko’s Near Term Goals

Graphite demand is expected to increase exponentially for the mined natural graphite material, as more is used in the production of spherical graphite for graphite in the anode portion of Electric Vehicle Lithium-ion batteries.

Lomiko completed a $ 750,000 financing October 23, 2020 and plans to work on its near-term goals:

1) Complete 100% Acquisition of the Property, currently 80% owned by Lomiko Metals.

2) Complete metallurgy and graphite characterization to confirm li-ion anode grade material.

3) Complete a Technical Report to confirm that the extent of the mineralization equals or surpasses the nearby Imerys Mine, owned by an international mining conglomerate.

A “technical report” means a report prepared and filed in accordance with this Instrument and Form 43-101F1 Technical Report, and includes, in summary form, all material scientific and technical information in respect of the subject property as of the effective date of the technical report;

4) Complete Preliminary Economic Assessment (PEA)

A PEA means a study, other than a pre-feasibility or feasibility study, that includes an economic analysis of the potential viability of mineral resources.

For more information on Lomiko Metals, Promethieus, review the website at www.lomiko.com, and www.promethieus.com, contact A. Paul Gill at 604-729-5312 or email: [email protected].

On Behalf of the Board

“A. Paul Gill”

Director, Chief Executive Officer

Tags: #Battery, #Carbon, #Demand, #Electric, #Evolution, #graphite, #Green, #High-Grade, graphite, LaLoutre
Posted in All Recent Posts, Lomiko Metals | Comments Off on Lomiko $LMR.ca Forms Technical, Safety, and Sustainability Committee and Charter to Oversee La Loutre Assessment $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Gratomic $GRAT.ca Updates Masonry and Concrete Work Progress at Aukam Mine $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 2:31 PM on Monday, November 9th, 2020

TORONTO, ON / ACCESSWIRE / November 9, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(OTC Pink:CBULF)(FRANKFURT:CB81)(WKN:A143MR) is pleased to announce that local concrete and brick crews have recently arrived on-site at Aukam. The local contractors have been employed to construct the foundations for the custom designed and constructed water filtration deionization unit, settling reservoir, and product thickener tanks, along with various smaller non-structural components of the processing plant build-out.

Gratomic is very pleased to include local, independent builders in the construction of its Aukam Graphite Project. This collaborative effort will allow the Company to adhere to its strict timelines, while simultaneously providing opportunities to local businesses and community members. The workers have been commissioned from the nearby town of Aus to complete construction work on various foundations and tanks.

Upon arrival on site, the crews promptly began pouring concrete and commencing the brick work required on the foundational platform designed to house the custom water filtration & deionization unit. The crew has since completed this project, which will accommodate ten separate water storage tanks with a cumulative capacity of 100,000 liters. The construction crews have since moved onto the build-out of the settling reservoir tanks, from there they will continue onto constructing the walls for the product thickener tank.

Completion of the water filtration and deionization system will allow the Company to achieve its objective of a 95% water recycling rate during the graphite processing phase. The Company is very pleased to have completed the build-out on this aspect of the processing plant and is dedicated to preserving and protecting natural resources, securing them for future generations.

“We are ecstatic to have completed this phase of construction so quickly and look forward to seeing the rapid progress made by the talented professionals we have brought in to assist with the completion of the Aukam Processing Plant project.” says President and CEO, Arno Brand.

About Gratomic Inc.

TODAQ is an innovative tech company and will partner with Gratomic on its mine-to-market commodity tracking.

Phu Sumika is a large global graphite supplier to battery and lubrication companies.

Gratomic Inc. 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

Subscribe to the link below to receive news and updates
https://gratomic.ca/contact/

Tags: #Commercialization, #Construction, #Disruptive, #graphite, #GRAT, #Gratink, #Gratomic, #Namibia
Posted in All Recent Posts, Gratomic | Comments Off on Gratomic $GRAT.ca Updates Masonry and Concrete Work Progress at Aukam Mine $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

The Hummer EV, the Harley-Davidson E-Bike and Higher Ed. SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 4:50 PM on Wednesday, November 4th, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko has an option for 100% of the high-grade La Loutre graphite Property, Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

Electrification, online learning, alternative credentials and low-cost degrees at scale.

October was a big month for us electric mobility nerds. First came the Hummer EV reveal, and next came the announcement of a Harley-Davidson electric bike.

What about this $112,595 1,000-horsepower electric vehicle, this still unknown price or specifications e-bike, has anything to do with colleges and universities? The answer to this question depends on how you think about the future of higher ed.

For cars and trucks, the destination of the future is clear, if not the timing. Eventually, at some point, batteries will replace internal combustion. Electric cars are not only emissions-free, they contain exponentially fewer moving parts than traditional vehicles. The electric car or truck of the future will be simpler to produce and will have few parts to break down. This simplicity and reliability will eventually drive down the total costs of ownership.

How long the transition to electric vehicles takes will depend on how long it takes for battery technology to improve. While coming down in price quickly, batteries large enough to power a car for any reasonable range are still hugely expensive. Beyond range anxiety, charging times remain significantly longer than filling up a gas tank, and the charging infrastructure is nowhere near as built out as gas stations.

The Hummer EV is straight out of the Tesla playbook for vehicle electrification. Start with a high-priced luxury model and then use those revenues to drive down the production costs for less expensive models. Nobody needs a $112,000 electric truck. I highly doubt that almost any Hummer EV buyers will drive the thing off-road. The Hummer EV is a status symbol, pure and simple. We may think that this thing is ridiculously over-the-top, but if it helps get us to the transition to affordable electric vehicles, we are happy that GM is going for it.

In higher ed, neither the future destination nor timing is as clear as it is with cars and trucks. There are no direct analogs for internal combustion engines or batteries across the postsecondary ecosystem.

However, we can make some broad projections about the dominant trends shaping the future of higher education. As with the need to move away from internal combustion due to the necessity to decarbonize in the face of a climate emergency, higher ed faces its own reckoning in the form of demographic shifts and diminished public funding. The environment that almost every college and university must navigate will only get more challenging in the years to come. The declining number of high school graduates in the Northeast and Midwest, combined with dwindling state support levels, will force schools to evolve their business models.

Just as GM is not doing away with gas-powered cars, colleges and universities will not abandon their core residential degree programs. These residential degree programs, however, will be increasingly joined and supplemented by online programs. Schools have no choice but to go after new markets for students, especially at the master’s level. The full-time master’s student will still exist but in ever-diminishing proportions. The future of graduate school belongs to the adult working professional, and that means online programs.

The question is, will most schools stop at online learning? I don’t think so. We are likely to see an industrywide shift to both alternative online credentials (certificates) and lower-cost online degrees at scale. If online education is like vehicle batteries, alternative credentials and low-cost scaled degrees are like autonomous driving. The future of mobility is not only electric but also self-driving (and perhaps ride sharing).

Today, autonomous vehicles are still controversial. Nobody knows when the self-driving future will arrive, and automakers are pursuing different strategies to develop these technologies. Alternative online credentials and low-cost degrees at scale are similarly controversial within higher ed. Some schools are going all out in creating that future. Others are hanging back. Like auto companies, colleges and universities that wait too long to develop the capabilities for certificates/scaled degrees might find themselves on the wrong side of the future.

What about the electric bicycle from Harley-Davidson? I think that lesson here is about a willingness to experiment. Harley might find that e-bikes serve as a gateway drug to electric motorcycles. Who knows. A technology-forward electric bike will make the Harley brand relevant to a segment of consumers that doesn’t think much about motorcycles.

Too often, colleges and universities are afraid to experiment in adjacent sectors (motorcycles to e-bikes) out of fear of damaging their brands. Many more colleges and universities could be following the lead of Georgia Tech or Boston University or Illinois by offering affordable online degrees at scale. We don’t know if these scaled online programs can be delivered with high quality or if offering them reduces the demand for existing residential programs.

The only way to figure this out, however, is to experiment. If a company as traditional as Harley-Davidson can try something new with an e-bike, shouldn’t we be willing to do the same?

SOURCE: https://www.insidehighered.com/blogs/learning-innovation/hummer-ev-harley-davidson-e-bike-and-higher-ed

Tags: #Battery, #Carbon, #Demand, #Electric, #Evolution, #graphite, #Green, #High-Grade
Posted in All Recent Posts, Lomiko Metals | Comments Off on The Hummer EV, the Harley-Davidson E-Bike and Higher Ed. SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Gratomic $GRAT.ca Begins Its Ascent into the EV Battery Market Supply Chain $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 12:23 PM on Wednesday, October 28th, 2020

TORONTO, ON / ACCESSWIRE / October 28, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT) (OTC Pink:CBULF) (FRANKFURT:CB81) (WKN:A143MR) announces that it is in the process of submitting 243 Kg of high purity graphite concentrate obtained from its pilot testing program for characterization for use as anode material in Lithium Ion battery cells. The graphite will initially be put through an Air Classification process in Toronto, Ontario and from there will be sent to Dorfner Anzaplan in Germany to undergo spherical micronization and classification. This verification process should establish Gratomic as a leader among its peers in proving that its graphite will be suitable for the anode material supply chain for North American battery manufacturers like Tesla, Panasonic, and others.

High grade Aukam graphite is taken to 99.9% purity through a non-invasive and carbon neutral process. Upon verification of quality and purity, the graphite will then be put through the spherical micronization process where it is ‘polished’ and ‘rounded,’ taking it from a flake to potato shape. Next the graphite will be put through a coating process, which strengthens the mineral improving surface area and increasing cycle times of the particles leading to improved conductivity. From there, it will be acceptable for use in Lithium Ion battery applications.

Being only a few short weeks away from completion of its processing plant (see Press Release dated October 15, 2020), Gratomic is providing a leg up on the competition in this rapidly expanding sector with its Eco-friendly and clean graphite options. Follow the link provided to view progress on final construction of the Aukam Graphite processing facility, which will include an on-site Air Classification unit in the near future https://gratomic.ca/aukam-2020/?et_fb=1&PageSpeed=off

President and CEO, Arno Brand, along with COO and Head of Graphite Marketing and Sales, Armando Farhate, have collaborated on next steps for Gratomic Inc. and its clean Aukam graphite. The pair have conducted extensive research into battery manufacturing requirements for graphite and are laying the groundwork for the Company’s transition into this sought-after market. The pair will continue with Gratomic’s current outreach program to North American EV battery manufacturers.

Experts agree that graphite anodes will remain in use for the foreseeable future, as breakthrough alternative versions of battery anodes are still years away from commercial production. In the meantime, Gratomic intends to provide the EV Market and Renewable Energy Sectors with clean, Eco-friendly graphite with a near neutral carbon footprint.

The Graphite concentrate is scheduled to leave Namibia for Toronto on October 30th after a slight delay related to COVID – 19 restrictions implemented by the Government of Namibia.

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 Dorfner Anzaplan

The Company is currently preparing to initiate a development process in partnership with German specialist Dorfner Anzaplan, in order to identify the ideal process route for micronization and spheronization of its high purity graphite sourced from its Aukam Graphite Project in Namibia. Gratomic aims to meet stringent specifications from potential battery manufacturing strategic partners and clientele.

“ANZAPLAN offers advanced graphite evaluation services for high value applications including strongly growing markets such as anode materials in lithium ion batteries and expandable graphite. Starting with the initial characterization of the graphite ore through development of a beneficiation process to obtain a high-quality flake graphite concentrate, shaping and purification into battery grade spherical graphite, characterization of electrochemical performance and testing of Li ion cells”(Anzaplan. “Graphite.” ANZAPLAN, ANZAPLAN, 2020, www.anzaplan.com/minerals/graphite).

“ANZAPLAN’s facilities offer process design and engineering for flake graphite for a wide range of downstream products including purified spherical graphite with a cost and time efficient spheroidization equipment developed in cooperation with a renown German equipment manufacturer NETZSCH” (Anzaplan. “Graphite.” ANZAPLAN, ANZAPLAN, 2020, www.anzaplan.com/minerals/graphite/).

Established in 1985, ANZAPLAN is the leading company for engineering and consulting services for metals and mineral projects. They provide various services utilized by mining companies to de-risk projects, provide insights, aid in product development, and assist with planning requirements. The Company even presented at the 2020 Lithium-Ion Battery Materials & Rare-Earth Elements Supply Chain Seminar this past February.

About Gratomic Inc.

Two off-take purchase agreements are currently held for lump-vein graphite sourced from Gratomic’s Aukam Graphite Project in Namibia, Africa. Fulfillment of the contracts is slated to begin in late 2020. The agreements exist with TODAQ and Phu Sumika.

TODAQ is an innovative tech company and will partner with Gratomic on its mine-to-market commodity tracking.

Phu Sumika is a large global graphite supplier to battery and lubrication companies.

Gratomic Inc. 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

Tags: #Commercialization, #Construction, #Disruptive, #graphite, #GRAT, #Gratink, #Gratomic, #Namibia
Posted in All Recent Posts, Gratomic | Comments Off on Gratomic $GRAT.ca Begins Its Ascent into the EV Battery Market Supply Chain $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Lomiko $LMR.ca Talks Up Biden’s Critical Mineral Plans $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 9:29 AM on Monday, October 26th, 2020

Lomiko Metals Inc. is focused on the exploration and development of graphite for the new green economy. Lomiko has been monitoring emerging legislation aimed at reducing dependence on Chinese supply of graphite, lithium and other electric vehicle battery materials. One hundred per cent of graphite is currently imported to the United States as there are no domestic graphite mines able to produce material for graphite anodes used in electric vehicles. Please also refer to news releases dated Sept. 9, 2020, and Oct. 7, 2020, related to changing government policies regarding critical minerals.

U.S. Election Bonus for Critical Minerals Mining

In a boon for the critical minerals mining industry, former vice-president and current presidential frontrunner Joe Biden’s campaign has privately told U.S. miners it would support boosting domestic production of metals used to make electric vehicles, solar panels and other products crucial to his climate plan, according to three sources familiar with the matter.

Mr. Biden, who served as Barack Obama’s vice-president and is well regarded in conservation circles, has been expected to continue in that vein. The U.S. Democratic presidential candidate also supports bipartisan efforts to foster a domestic supply chain for graphite, lithium, copper, rare earths, nickel and other strategic materials that the United States imports from China and other countries, the sources said. Mr. Biden is also well regarded by the Canadian government on issues of mining and green energy which has a Canada-U.S. supply strategy agreement.

On Sept. 28, 2020, Canadian ministers discussed opportunities to drive Canada’s natural resources advantage by building on Canada’s strong environmental, social and governance performance record to attract investment, generate new value chains and create job opportunities across Canada, including for indigenous businesses and communities. Ministers agreed that an inclusive approach that builds capacity and ensures diversity is a key ingredient to Canada’s successful economic recovery.

Co-chaired by Seamus O’Regan, Canada’s Minister of Natural Resources, and Ranj Pillai, Deputy Premier and Minister of Energy, Mines and Resources for Yukon, they agreed to work together to build an all-Canadian critical minerals and battery value chain across sectors and pursue engagement with Lomiko’s partners in the United States and beyond.

“Canada’s economy is in a strong position to recover and excel post-COVID because of our natural resource potential. All communities across Canada should play a part, whether it is contributing critical minerals to the supply chain, advancing innovative energy development, or adding jobs and capacity to our remote and northern communities,” said Mr. Pillai.

Lomiko’s opportunity in the supply chain

With the completion of a $750,000 financing on Oct. 23, 2020, Lomiko plans to work on its near-term goals as follows:

Complete 100-per-cent acquisition of the property, currently 80 per cent owned by Lomiko Metals;
Complete metallurgy and graphite characterization to confirm lithium-ion anode-grade material;
Complete a technical report to confirm the extent of the mineralization equals or surpasses the nearby Imerys mine, owned by an international mining conglomerate;
Complete preliminary economic assessment (PEA).

Tags: #Battery, #Carbon, #Demand, #Electric, #Evolution, #graphite, #Green, #High-Grade, #Imerys
Posted in All Recent Posts, Lomiko Metals | Comments Off on Lomiko $LMR.ca Talks Up Biden’s Critical Mineral Plans $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Gratomic Inc. $GRAT.ca Mobilizes Drill Fleet to Further Delineate Graphite Mineralization $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 1:51 PM on Monday, October 19th, 2020

Mobilizing all three of its 100% owned drills to execute a strategic diamond drill program targeting areas proximal to known graphite mineralization

TORONTO, ON / ACCESSWIRE / October 19, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(OTC Pink:CBULF)(FRANKFURT:CB81)(WKN:A143MR) is pleased to provide a graphite mineralization update for its Flagship Aukam Graphite Project in Namibia, Africa.

Gratomic Inc. is currently mobilizing all three of its 100% owned drills to execute a strategic diamond drill program targeting areas proximal to known graphite mineralization previously defined by mining, diamond drilling, and surface sampling. The drill program will also incorporate exploratory drilling, testing known structures along strike and optimized targets indicated by recent Geophysical Surveys.

Two phases of diamond drilling will be executed. The first of which will involve tightly spaced infill drilling in ML215 (Figure 1), targeting areas below and along visible strike from the main underground workings within, and around, the graphite bearing shear zone. Delineation drilling in EPL3895 & EPL6710 of known structures and new targets optimized by geophysical surveys will also be tested. Strategic planning of the drilling program is expected to assist with calculating a NI 43-101 mineral resource at Aukam in support of the completion of a Preliminary Economic Assessment (PEA).

Figure 1: Gratomic Inc. Mining and Exploration Licenses

2020 Diamond Drilling

Diamond drilling executed on Mining License ML215 will first test the strongest EM conductor C1 on Grid 1 (Fig 2 & 3). Drill holes will initially be spaced 40 metres apart testing each of the five conductors delineating the extent of the graphite mineralization proximal to past mining activities. Two holes per drill set up will initially be completed targeting 20 metres below the overburden, with the second hole drilled steeper to intersect 40 metres below the first hole. Subsequent infill drilling, based on delineation results, are to be drilled on 20 metre centres between the 40 metre spaced holes both along strike and at depth (down dip).

Drilling planned in Grid 2 – EPL6710 will concentrate on conductors C1a & C1b (Fig 2 & 4) with delineation drilling spaced initially at 40 metre centres.

Figure 2: Geophysical Survey & 2020 Diamond Drill Areas

Figure 3: Grid 1 Geophysical Survey & Drilling Areas
HLEM response: Conductors C1 to C5 interpreted as graphitic mineralization with C1 the strongest EM anomaly.

Figure 4: Grid 2 Geophysical Survey & Drilling Areas
Analytical Signal (AS) response: C1 interpreted as graphitic mineralization.

Arno Brand, President and CEO of Gratomic Inc, states “Now that travel restrictions due to Covid-19 have softened enough to allow our Geologic Team to make their way to site, planned drilling, specifically infill drilling, will allow us to quickly outline areas at Aukam which we plan to bulk sample. Upon completion of our Graphite Processing Plant during Q4-2020 we expect to process both current stockpiles and the intended bulk sample material in Q1-2021.”

About Gratomic Inc.

Established in 2014, Gratomic is an advanced materials company focused on mine to market commercialization of carbon-neutral, high purity vein graphite. The Company is focused on producing low-cost, eco-friendly graphite and is set to become a key player in EV and Renewable Resource supply chains. Gratomic Inc. is a leader among its peers, promising to deliver mine-to-market traceability and guaranteed quality control. This will be accomplished by providing documented tracking of the nearly negligible carbon footprint on all graphite generated at its flagship Aukam Graphite Project. The tracking will begin at Aukam and will be verified at every stage during transport.

Two off-take purchase agreements are currently held for lump-vein graphite sourced from Gratomic’s Aukam Graphite Project in Namibia, Africa. Fulfillment of the contracts is slated to begin in late 2020. The agreements exist with TODAQ and Phu Sumika.

TODAQ is an innovative tech company and will partner with Gratomic on its mine-to-market commodity tracking.

Phu Sumika is a large global graphite supplier to battery and lubrication companies.

The Company anticipates full operational capabilities in late 2020 and aims to transition to an open pit mine as early as 2021.

Gratomic Inc. 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.”

Tags: #Commercialization, #Construction, #Disruptive, #graphite, #GRAT, #Gratink, #Gratomic, #Namibia, mining
Posted in All Recent Posts, Gratomic | Comments Off on Gratomic Inc. $GRAT.ca Mobilizes Drill Fleet to Further Delineate Graphite Mineralization $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Gratomic $GRAT.ca One Step Closer to Completion of Aukam Processing Plant $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 12:47 PM on Thursday, October 15th, 2020

TORONTO, ON / ACCESSWIRE / October 15, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(OTC Pink:CBULF)(FRANKFURT:CB81)(WKN:A143MR) is pleased to announce the arrival of its custom drying and dewatering equipment to its Aukam mine site, allowing the company to complete construction of its on-site graphite processing plant. The equipment was shipped from China and was recently received at Walvis Bay Port in Namibia.

“Covid-19 has certainly posed a challenge in getting our equipment on site. Our team’s hard work and dedication has prevailed against impossible odds and allowed us to get these vital pieces of equipment on site and stay on track with construction timelines. We are now ready to take Gratomic and its Aukam project forward to realize its full potential,” says Arno Brand, President & CEO.

Aukam staff will install the remaining equipment over the coming weeks, bringing the plant into its commissioning phase. The team will then begin testing and calibrating the new equipment to optimize its operations. Product sampling will be conducted in order to set processing parameters to conform to industry standard, quality control and quality assurance requirements. Graphite that is processed through the plant during this calibration phase will be cumulatively bagged and graded as part of the fulfilment for current purchase agreements and future sales.

The new equipment consists of one thickener tank, a cyclone, filter press, rotary dryer, and various slurry pumps and accessories.

The thickener tank, which will be assembled on site, boasts a standing height of 4 meters high by 6 meters wide and will be able to accommodate up to 64 tonnes of graphite per cycle.

Once assembled, the hydro cyclone will allow slurry to flow continuously between the Rod mill and the cyclone, size classifying the graphite between undersized and oversized material. Oversized material will be diverted back to the rod mill for increased resonance time. The undersized material will be sent to a separate holding tank that sends the material to the mixing tanks, and then the flotation columns.

The vertical flotation columns will have the capacity to treat up to 4 tonnes of graphite slurry per hour. From the columns, the processed graphite will settle into the thickener tank. Graphite will flow from the second tank into the filter press. This process is designed to remove as much water as possible for recycling before entering the chipper that will break up the caked mineral material.

Once positioned, the custom-built 39 foot rotary drier, with a drying capacity of up to 5 tonnes per hour, will remove any excessive moisture content from the graphite through evaporation before it is bagged and tagged for customers.

The entire system has been designed to accommodate graphite derived from Gratomic’s Aukam Graphite Project. It has been designed for expansion and the Company intends to add an air classification unit onto the existing plant in late 2020, or early 2021. Plant parameters will be set based on mineral grading and finished product requirements calculated during the calibration phase and will include end product requirements from our current and future customers.

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 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. The PEA requires that 4 drill holes be completed on the Property and the results be included in the PEA. Unfortunately, due to travel restrictions resulting from Covid-19, the Company has been unable to get a geologist on the Property to complete the drilling so that the PEA can be finalized. It is anticipated that a geologist will soon be able to arrive on the Property to complete the drilling. 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 as soon as drilling can be completed on the Property.

About Gratomic Inc.

Two off-take purchase agreements are currently held for lump-vein graphite sourced from Gratomic’s Aukam Graphite Project in Namibia, Africa. Fulfillment of the contracts is slated to begin in late 2020. The agreements exist with TODAQ and Phu Sumika.

TODAQ is an innovative tech company and will partner with Gratomic on its mine-to-market commodity tracking.

Phu Sumika is a large global graphite supplier to battery and lubrication companies.

The Company anticipates full operational capabilities in late 2020 and aims to transition to an open pit mine as early as 2021.

Gratomic Inc. 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

Tags: #Commercialization, #Construction, #Disruptive, #graphite, #GRAT, #Gratink, #Gratomic, #Namibia, mining
Posted in All Recent Posts, Gratomic | Comments Off on Gratomic $GRAT.ca One Step Closer to Completion of Aukam Processing Plant $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Trump Executive Order on Critical Metals Aimed at Reducing Chinese Dependence on Imported Graphite Perfect Timing for Lomiko $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 8:28 AM on Wednesday, October 7th, 2020

Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) is focused on the exploration and development of graphite for the new green economy. Lomiko has been monitoring actions by government in Canada and the USA that are focused on reducing dependence on Chinese supply of graphite, lithium and other electric vehicle battery materials. Canada and the USA have worked closely and confirmed supply agreements between the two countries.

This press release features multimedia. View the full release here:

https://www.businesswire.com/news/home/20201007005305/en/

Electric Vehicle Sales to Climb for 20 years (Graphic: Business Wire)

President Donald Trump recently signed an Executive Order entitled Executive Order on Addressing the Threat to the Domestic Supply Chain from Reliance on Critical Minerals from Foreign Adversaries, which is focused on creating North American suppliers of Battery Materials.

Excerpts from Executive Order:

“…the United States is 100 percent reliant on imports for graphite, which is used to make advanced batteries for cellphones, laptops, and hybrid and electric cars. China produces over 60 percent of the world’s graphite and almost all of the world’s production of high-purity graphite needed for rechargeable batteries.”

“(i) the United States develops secure critical minerals supply chains that do not depend on resources or processing from foreign adversaries;

(ii) the United States establishes, expands, and strengthens commercially viable critical minerals mining and minerals processing capabilities; and

(iii) the United States develops globally competitive, substantial, and resilient domestic commercial supply chain capabilities for critical minerals mining and processing.”

In September, Congressmen Lance Gooden (R-TX) and Vicente Gonzalez (D-TX) recently introduced a bill that seeks to decrease the U.S.’s dependence on China for critical metals. The bill, dubbed the Reclaiming American Rare Earths (RARE) Act, aims to establish tax incentives for domestic production of rare earths.

The Congressmen statement sounds the alarm regarding critical metals production: “The United States is more dependent than ever on the importation of the resources that drive our economy, enable us to build advanced technology, and ensure our national security,” Gooden’s office said in a release. “Thirty-five of these rare earth minerals are designated by the Department of Interior as ‘critical’, and we source fourteen of them entirely from foreign suppliers. China is a leading supplier for twenty-two of the thirty-five. The RARE Act is specifically designed to change that.”

Earlier this year, Sen. Ted Cruz introduced similar legislation, dubbed the Onshoring Rare Earths Act of 2020, or ORE Act. Further, on December 18, 2019 Canada announced that it had joined the U.S.-led multilateral Energy Resource Governance Initiative (ERGI). ERGI aims to support secure and resilient supply chains for critical minerals by identifying options to diversify supply chains and facilitate trade and industry connections.

Canada, and especially Quebec, are perfectly situated to supply the U.S. with many of the critical minerals it is seeking to secure due to an extensive selection of mineral projects. Also, strong political and economic ties, a stable political, economic and regulatory environment and a robust metals and mining sector. Of the 35 critical metals identified by the U.S., Canada is a sizable supplier of 13 of such minerals including graphite, lithium and manganese to the U.S. and the second-largest supplier of niobium, tungsten and magnesium. Canada also supplies approximately one quarter of the U.S. uranium needs.

“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. It reported proven reserves of 5.2 M Tonnes at a grade of 7.42 % Cg in July 1988 before the start of production.” (Reference: Potentiel de la minéralisation en graphite au Québec, N’Golo Togola, MERN, page 31, Conférence Québec Mines, November 24 2016).

1) Complete 100% Acquisition of the Property, currently 80% owned by Lomiko Metals.

2) Complete metallurgy and graphite characterization to confirm li-ion anode grade material.

3) Complete a Technical Report to confirm the extent of the mineralization equals or surpasses the nearby Imerys Mine, owned by international mining conglomerate.

4) Complete Preliminary Economic Assessment (PEA)

A PEA means a study, other than a pre-feasibility or feasibility study, that includes an economic analysis of the potential viability of mineral resources.

For more information on Lomiko Metals, Promethieus, review the website at www.lomiko.com, and www.promethieus.com, contact A. Paul Gill at 604-729-5312 or email: [email protected].

On Behalf of the Board

“A. Paul Gill”

Director, Chief Executive Officer

We seek safe harbor.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), accept responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201007005305/en/

CONTACT

A. Paul Gill
604-729-5312
[email protected]

Tags: #Battery, #Carbon, #Demand, #Electric, #Evolution, #graphite, #Green, #High-Grade, #Imerys, #Material
Posted in All Recent Posts, Lomiko Metals | Comments Off on Trump Executive Order on Critical Metals Aimed at Reducing Chinese Dependence on Imported Graphite Perfect Timing for Lomiko $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

President Donald Trump Signs Executive Order On Critical Metals Supply SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 10:01 AM on Tuesday, October 6th, 2020

DONALD TRUMP SIGNS EXECUTIVE ORDER ON THE SUPPLY OF CRITICAL MINERALS Mr. Simon Moores, pictured above, has been covering critical elements for many years and has presented to the US Senate on Critical Metals Supply. There is no doubt that this group has played a major role in alerting the US government to supply issues. Read about the critical work of Benchmark Mineral Intelligence here.

Stocks to Watch:
Lomiko Metals Inc. $LMR Manganese X $MN Critical Elements $CRE Excerpts from Executive Order: “the United States is 100 percent reliant on imports for graphite, which is used to make advanced batteries for cellphones, laptops, and hybrid and electric cars. China produces over 60 percent of the world’s graphite and almost all of the world’s production of high-purity graphite needed for rechargeable batteries.” (i) the United States develops secure critical minerals supply chains that do not depend on resources or processing from foreign adversaries; (ii) the United States establishes, expands, and strengthens commercially viable critical minerals mining and minerals processing capabilities; and (iii) the United States develops globally competitive, substantial, and resilient domestic commercial supply chain capabilities for critical minerals mining and processing. Link to Full Executive Order CEO A. Paul Gill was recently interviewed by The TMX Group which owns the Toronto Stock Exchange. See below.

Tags: #Battery, #Carbon, #Demand, #Electric, #Evolution, #graphite, #Green, #High-Grade, #Imerys
Posted in All Recent Posts, Lomiko Metals | Comments Off on President Donald Trump Signs Executive Order On Critical Metals Supply SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posts Tagged ‘#graphite’

Categories