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About Gratomic Inc. (Symbol: CBULF)
Gratomic Inc. is a multinational mining company specializing in the exploration, development, and production of graphite, a critical mineral essential for the electric vehicle (EV) battery supply chain and other advanced industrial applications. With flagship operations centered on the Aukam graphite project in Namibia, Gratomic is strategically positioned to meet the growing global demand for high-purity graphite, a key component in lithium-ion battery anodes.
Core Business Areas
Gratomic’s primary focus lies in the extraction and processing of vein graphite, renowned for its high purity and unique properties. The company’s Aukam property is at the heart of its operations, where significant investments have been made to develop a state-of-the-art processing facility. This facility is designed to produce graphite concentrate that meets the stringent quality requirements for use in EV batteries and other high-tech applications.
In addition to its Namibian operations, Gratomic has exploration projects in Brazil and Canada, underscoring its commitment to securing a diversified and sustainable supply of graphite. The company is also exploring downstream opportunities, including the application of advanced technologies like atomic layer deposition (ALD) to coat graphite for battery-grade anode material.
Strategic Positioning in the EV Battery Supply Chain
Gratomic aims to establish itself as a key player in the EV battery supply chain by producing graphite that meets the specific flake size and purity requirements for anode materials. As the global transition to renewable energy accelerates, the demand for high-quality graphite is expected to rise, offering Gratomic a significant growth opportunity. The company’s partnerships, including collaborations with Forge Nano for ALD technology, further enhance its competitive edge in this rapidly evolving market.
Operational Challenges and Mitigation
Transitioning from exploration to production presents both opportunities and challenges for Gratomic. The company is actively addressing technical and operational hurdles, such as optimizing its processing plant at Aukam and securing the necessary funding to complete its final stages of development. Gratomic’s commitment to thorough feasibility studies and technical evaluations demonstrates its focus on minimizing risks and ensuring long-term operational success.
Competitive Landscape
Operating in the critical minerals sector, Gratomic faces competition from other graphite producers worldwide. However, its emphasis on high-purity vein graphite, combined with its strategic focus on the EV battery market, sets it apart. The company’s ability to leverage its unique resource base and advanced processing technologies positions it as a potential leader in the graphite industry.
Commitment to Sustainability and Ethical Practices
Gratomic is dedicated to sustainable and ethical mining practices. Its projects are designed to minimize environmental impact while maximizing resource efficiency. The company also prioritizes transparent communication with stakeholders and adherence to international mining standards, reinforcing its commitment to responsible resource development.
Future Outlook
As Gratomic continues to advance its Aukam project and explore additional opportunities in Brazil and Canada, it is well-positioned to capitalize on the growing demand for critical minerals. By focusing on high-purity graphite production and leveraging strategic partnerships, the company aims to secure a strong foothold in the EV battery supply chain and other high-growth markets.
Gratomic Inc (TSXV:GRAT) reports that while allowing certain mining claims at the Capim Grosso Property in Brazil to expire, significant remaining claims were wrongfully transferred to Bahia Graphite Ltda by former COO Armando Farhate. The transfer occurred when Farhate, who controlled the subsidiary Zumbi Mineração Ltda, resigned without returning control to Gratomic. The transfer was made in exchange for settling personal debts owed to Farhate and the former Country Manager.
Farhate wound up Zumbi without accounting for over US$1.9 million advanced by Gratomic for exploration. The company has retained legal counsel in Brazil and Canada to annul the transfer, recover the property, and seek damages. Upon recovery, Gratomic plans to sell the property while focusing on its Aukam Property in Namibia.
Gratomic has signed a non-binding Letter of Intent (LOI) with Tristream Capital for a $5.2 million CAD royalty financing.
The investment will be used to acquire a 5% Gross Sales Royalty (GSR) from sales of graphite at the Aukam Property, which will decrease to 1% after 5.5 years.
The agreement is subject to due diligence and a definitive agreement within 90 days.
Interest of 10% per year will be paid for the first six months. Gratomic will also be responsible for covering up to 30,000 GBP in due diligence expenses.
A finder's fee of 5% will be paid upon closing. The transaction awaits regulatory approval.
Currently, no mineral resources or reserves have been established, and the company plans to conduct a feasibility study on the Aukam Processing plant.
Gratomic Inc. has retained Mr. Ndelineekela Helao Shivolo as a government liaison consultant to strengthen its relationship with the Government of the Republic of Namibia for the Aukam Graphite Project. Shivolo, a seasoned geoscientist, brings over a decade of experience in mineral exploration, policy shaping, small-scale mining support, and strategic collaborations. Their expertise includes geology, mineral rights applications, business development, and project management. Shivolo holds multiple academic credentials and has been granted 1,000,000 options as part of the engagement.
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