Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
accesswire.com/617738/Concrete-Expert-Arrives-on-Site-to-Complete-Final-Phase-of-Construction-on-Aukam-Processing-Plant
Concrete Expert Arrives on Site to Complete Final Phase of Construction on Aukam Processing Plant
Friday, November 20, 2020 12:28 PM
Share this article now
Topic:
Company Update
TORONTO, ON / ACCESSWIRE / November 20, 2020 / Gratomic Inc. ("GRAT" or the "Company") (TSXV:GRAT)(OTC Pink:CBULF)(FRANKFURT:CB81)(WKN:A143MR) is pleased to announce the arrival of Fanie Barnard to its Aukam Graphite project in Namibia. Mr Barnard has been appointed to complete onsite construction and oversee the concrete work on the Aukam Graphite processing plant which is expected to be completed by the end of this month.
Mr Barnard has steel and concrete experience on previous projects with many high-profile companies including Glencore and Anglo American. He has been tasked to supervise rebar and baseplate installations and the pouring of concrete foundations. Fanie Barnard is leading the final phase of foundation construction for the Rotary Drier, Filter Press, Cyclone, Material Hopper, Material Thickener Tank and Product Thickener Tank.
Gratomic would also like to report that a local company, Pro Edge Steel, in Keetmanshoop is responsible for designing and supplying various structural base plates and steel frames. Pro Edge has delivered the first order of steel structures to the Aukam Processing site and we expect further delivery of the steel frames in short order.
Excavation work for the multiple foundations on site was completed in late October. In total, Company employees excavated approximately 414 tonnes of material. This work will accommodate the multiple tanks and final pieces of equipment for the Company's custom designed Graphite Processing Plant with a design capacity of 20,000 tpa. The Processing Plant has been designed on a modular basis with an over-engineered front and back end to accommodate easy future expansion through the inclusion of added columns and mixing tanks.
With excavation work completed on Aukam, the team has begun installing concrete forms and rebar in preparation for the final construction phase. The structural base plates and hold-down bolts are being carefully positioned into the concrete foundations during the pouring process. Once the concrete has been properly cured, the equipment structures and support frames will be assembled and installed onto the new foundations.
Fanie Barnard, and Gratomic's Aukam team have begun work on the installation of rebar and pouring of concrete on all required foundations. The rotary dryer foundation is the first equipment foundation being poured on the expansion of the Company's Graphite Processing Plant. The custom built rotary dryer consists of 6 steel frames, a dryer inlet frame, inlet support frame, main support frame, outlet frame, drive frame and motor-gearbox frame.
The mounting frames and rotary dryer will be installed and mounted once the concrete foundation has cured. The drive motor assembly and final hookups to the unit will then be completed, tested and calibrated upon plant commissioning. At 39 feet long and a drying capacity of 5 tonnes per hour, the rotary dryer will play a key role in the final processing phase of generating high quality graphite concentrate from Aukam.
The Company would like to provide an additional update on the progress made by the local masonry crew from Aus (see press release November 9th, 2020). The crew has now completed the construction work on the base frame of the water filtration and deionization unit.
Workers have completed the excavation work on the processing plant's settling reservoir. The excavation has been completely lined with a black plastic liner to prevent seepage of water. Concrete pouring of the foundation started this morning and has subsequently been completed. Workers will now start pulling up the six tier overflow settling reservoir walls which will be plastered with a chemical and water tight seal to further minimize seepage. When completed the reservoir will be filled with water and left to cure for 21 days allowing the cement to cure.
Gratomic would also like to provide an update on the graphite flotation circuit. Company workers recently disassembled and removed the components from the pilot processing facility. This equipment was utilized to generate the data sets required to engineer the 20,000 tonne per year processing facility at Aukam. The new mixing tanks and vertical flotation columns were manufactured by Pro Edge Steel and will be installed on the existing sump that was utilized for the pilot facility. The sump was originally designed to a size that will allow it to fully contain all the water from the new six commercial sized columns with a minimum free board of 4 feet, if all of them were to fail at the same time. This is another great example of the Company's capability to plan ahead for future development and make sure it is doing its part to sustain the environment in which it is working.
The Company wishes to advise that C.B Burger engineering has completed manufacturing the Material Hopper and Graphite Concentrate Chipper. The material hopper and chipper were designed by the company's engineering team alongside the manufacturing team from South Africa, C.B Burger Engineering. We would like to thank our Chief on-site geologist, Corne Coetser, for his agility in taking on this part of the processing plant and organizing the execution and build of these vital pieces of equipment.
The company designed the Material Hopper to hold up to 80 tonnes of graphite material and to act as a buffer to keep the processing plant running for up to 1 and a half days without flow disruption during maintenance. The Hopper will be fed continuously by the already constructed crushing and screening circuit of the processing plant. The material hopper was designed to feed directly into the rod mill with a horizontal screw conveyor using a VSD (variable speed drive) to control the material fed into the rod mill.
The custom designed Graphite Concentrate Chipper which will be fed by the filter press, is made from stainless steel to prevent any contamination of the Company's final product. The chipper has a capacity to handle up to 2.7 tonnes per hour of graphite concentrate that will feed directly into a supply hopper for the rotary dryer. With these last two equipment components completed and en-route to site, Gratomic is pleased to advise that all components for the Aukam custom built processing plant are now manufactured and assembly will be completed over the upcoming weeks.
"With multiple skilled crews now working on-site, we could not be more proud of the progress being made on our custom designed processing plant. We would also like to thank our very supportive shareholders and investors, who have given Gratomic the opportunity to bring the Aukam graphite deposit back to life." says President and CEO, Arno Brand.
"The custom built plant, carefully designed to optimize the processing of the unique material we expect to obtain from the Aukam deposit, is one of the Company's best competitive advantages," says COO & Head of Graphite Marketing and Sales, Armando Farhate.
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 abrand@gratomic.ca or 416 561-4095
Subscribe to the link below to receive news and updates
https://gratomic.ca/contact/
"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."
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.
FORWARD LOOKING STATEMENTS:
This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com.
SOURCE: Gratomic Inc.
https://investingnews.com/news/emerging-tech-investing/gratomic-signs-agreement-to-acquire-remaining-37-interest-in-aukam-property/
Gratomic Signs Agreement to Acquire Remaining 37% Interest in Aukam Property
Investing News Network - November 19th, 2020
gratomic logo
Gratomic Inc. is pleased to report that it has entered into a definitive agreement with Next Graphite, Inc. for the acquisition of NextG’s 37% interest in Gazania 242 Pty Ltd. the Namibian company which holds the licenses on the Aukam property . 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 …
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 abrand@gratomic.ca or 416 561-4095
Subscribe to the link below to receive news and updates
https://gratomic.ca/contact/
“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.”
FORWARD-LOOKING STATEMENTS:
This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com.
https://www.accesswire.com/611084/Gratomic-Inc-Mobilizes-Drill-Fleet-to-Further-Delineate-Graphite-Mineralization
Gratomic Inc. Mobilizes Drill Fleet to Further Delineate Graphite Mineralization
https://gratomic.ca/gratomic-one-step-closer-to-completion-of-aukam-processing-plant/
News out for gratomic
https://seekingalpha.com/instablog/344872-jay-currie/5500026-grat-green-graphite-in-namibia
Summary
Electric Vehicles are only as Green as their batteries.
Natural Graphite has the potential to have a much smaller environmental impact.
Gratomic Graphite is reducing CO2 footprint from mine to processing plant.
Another possible green day today?
https://investingnews.com/company-profiles/gratomic-tsxv:grat/
Gratomic (TSXV:GRAT) is a resource exploration and development company focused on bringing the high-grade Aukam graphite project back into production. The Aukam property, which is located near the port of Luderitz in southern Namibia, hosts five underground adits that were mined between 1940 and 1974.
During past production at Aukam, five surface stockpiles were created at the time, with 73 composite samples taken from the lower three stockpiles assaying an average of 42 percent carbon as graphite (Cg). The stockpiles are ready to be processed and Gratomic intends to put them towards the initial feedstock for the first two years of production.
Based on this potential path to production, Gratomic Inc. believes it is on schedule to bring the Aukam project into production in Q4 of 2020. In anticipation of this milestone, Gratomic has been working to explore the Aukam project and improve its understanding of the graphite mineralization in the area. The company is led by a team of graphite experts and executives with lengthy experience working in Namibia, including CEO & President Arno Brand who has 12 years of experience working on major construction and mining projects in Africa.
Remember folks
Lithium , Everyone talking about Nickel , Cobalt , Magnesse howeever the constant is graphite!!!!
Check out gratomic if you have not yet !
NEWS RELEASE SOURCE
Gratomic Battery Update
Tuesday, September 22, 2020 8:00 AM
Share this article now
Topic:
Company Update
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 abrand@gratomic.ca 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."
Nice article about Gratomic !
https://seekingalpha.com/instablog/344872-jay-currie/5500026-grat-green-graphite-in-namibia
Tesla uses nickel graphite
vein graphite is also a clean source of graphite
who knows what can happen one thing for sure EV cars are not going away other makers will also compete with tesla in the future
News release
Gratomic Aims to Become a Cleaner Source of Graphite for North American Consumers.
Good news guys equipment has arrived...
Early Arrival of Equipment from China Slated for Aukam Processing Plant Completion
News Release
Gratomic News out $GRAT / TSX / OTC
Gratomic Announces Engineering Update for Final Layout of its Aukam Graphite Mine Processing Facility
Gratomic Twitter
Electric Vehicle uses nickel graphite I think Gratomic has a good chance to create a supply deal once they finish buildout and start processing the graphite and have material to sell. They use vein graphite which is a healthier alternative to dirty china graphite.
Article on graphite
Follow gratomic here ->>>>> [url]https://twitter.com/GratomicInc
[/url][tag]insert-text-here[/tag]
https://www.bloomberg.com/news/articles/2020-07-22/musk-promises-giant-contract-for-efficiently-mined-nickel
Nickel-coated graphite is manufactured by encapsulating graphite particles with nickel, using a proprietary process developed by Novamet. This process produces a coating of high purity nickel and, most importantly, consistently achieves excellent coverage of the graphite substrate.
I think $GRAT could generate many revenue stream once they have extracted and have the product available for sale.
Watch and see and have faith, some time is needed but tesla is not going away. Neither is their use for graphite as prime material for tesla batteries.
Gratominc $GRAT on a roll today
Graphite is used in tesla batteries
waiting for gratomic to fully complete their processing facility 10% buildout left and then they can start processing the graphite good times coming soon in my opinion.
Another place that Gratomic has started to utilize, is a new YouTube page. Here’s a couple informative videos.
Tesla seriously needs clean sources of graphite maybe gratomic can be the ones that deliver this to them in the future?
Gratomic is mining vein graphite which is more environmentally friendly.
China has dirty graphite which is often accompanied by slave labour.
Dirty Chinese Graphite
Tesla has nickel graphtie batteries
tsla graphite nickel
Gratomic is almost completed it's processing facility and will be good to go
sorry posted it 3 times i have a new account didn't realize
Hey guys
Check Out Gratomic $TSLA needs batteries #Graphite
$Grat (#TSX) / $CBULF (#OTC) #cse #stocks
Gratomic Promo Video
#Mining #Metals #Gold #Silver
Should start seeing something here in the next couple months. Notice for granting Mining License has been received by Gratomic, new management, workers should be able to go back to the mine on May 4th when Namibia eases the lockdown restrictions. Wouldn't be surprised if this ticker hits 20 cents by August.
Jumpstart3
Mining license approval should be soon allowing this company to finally generate revenue.
CBULF one for 5 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
I assume most of the GRAT believer do not even know about GPNE, which owns 37% of the Aukam mine in Namibia. And when GRAT moves, this GPNE stock will fly too imo. it´s a bargain at 0.028 at the moment..
Gratomic Investor Video
by gratomic | Dec 14, 2018 | News
https://gratomic.ca/gratomic-investor-video/
The last pr was vanilla IMO...we sorta knew that 1 was working and 2 more machines would be put together using the PP money...
lets hope all those road tests yield some more excitement...Sheldon is hoping to sell 10 million tires...
no interest in GRAT or GPNE. YET :)
Gratomic plans to commercialize graphene-enhanced tires in 2018
https://www.graphene-info.com/gratomic-plans-commercialize-graphene-enhanced-tires-2018
Gratomic, formerly called CKR Carbon Corporation, recently announced that it is expecting to commercialize graphene-enhanced tires in 2018 as a result of its advanced R&D program to include plasma-generated graphene in tires to increase their strength and reduce their.
Gratomic’s graphene material is reportedly being tested in pre-production trials by 5 major tire manufacturers in Asia and Europe with a consolidated demand in excess of 5000 tonnes of graphene annually.
Gratomic, an advanced materials company focused on mine-to-market commercialization of graphite products (most notably various high-value graphene-based components), is collaborating with Perpetuus Advanced Materials, a European manufacturer of graphene to use graphite from its Aukam project to manufacture graphene products for commercialization on an industrial scale.
Perpetuus eportedly developed and is commercializing a plasma-based reactor process for producing industrial scale, cost-effective, surface engineered Advanced Materials, commencing with graphene. Test results of tires using plasma processed graphite-derived graphene show:
Higher grip braking reduced by 2 meters at 50 kph, which is a significant safety feature;
Improved rolling resistance, which means longer free wheel & increased fuel economy. This is particularly important to fleet managers whose bottom line is highly dependent on fuel economy;
Comparison of graphene tires to a premium brand tire showed that the graphene tires outlasted the premium non-graphene tires by approximately 5,000 kilometers in real world road conditions; and,
Cost-effective as compared to carbon black.
Graphene is used as a substitute to carbon black, one of the 4 components of tires: rubber, nylon, steel and carbon black. Carbon black is mainly used as a reinforcing filler in rubber products. Graphene is said to have a greater surface to volume ratio, which makes it more suitable as a filler in tires that carbon black.
The dispersion of graphene from Perpetuus’ plasma technology was explained to allow to increase the functional role of graphene as a superior substitute for carbon black. Elastomer blends are prepared for realizing the maximum surface area along with empathetic matrix selective functionalization – facilitating the efficient mixing of graphene stacks into the tires elastomeric targeted matrix. Dispersion routes include high shear mixing melt intercalation & in situ polymerisation.
Gratomic Chairman Sheldon Iventash new video interview 26. April 2018 speaking about the graphene of GPNE Aukam mine in Namibia, a 200 billion dollar market (tires) waiting
Followers
|
14
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
138
|
Created
|
05/31/18
|
Type
|
Free
|
Moderators |
Established in 2014, Gratomic is focused on introducing carbon-neutral, eco-friendly, high purity vein graphite to the global Electric Vehicle and Energy Storage supply chains. Gratomic is anticipating full operational capabilities in 2021.
Gratomic is in the process of solidifying its plans for the micronization, spheronization, and coating of its Aukam vein graphite. This significant milestone is a small, additional step in the Company's proposed eco-friendly processing cycle and is intended to allow it to meet ideal battery grade standards for use in Li-ion battery anodes. The Company's recent collaboration agreement with Forge Nano has advanced developments on its graphite finalization phase.
Forge Nano is a global leader in surface engineering and precision nano-coating technology, using Atomic Layer Deposition. Forge Nano's proprietary technology and manufacturing processes make angstrom-thick coatings fast, affordable and commercially viable for a wide range of materials, applications and industries. Forge Nano's suite of ALD and PALD products and services covers the full spectrum from lab-scale tools to commercial-scale manufacturing systems.
GRAT plans 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 anticipated to begin in 2021. The agreements exist with TODAQ and Phu Sumika.
TODAQ is an innovative deeptech company that can containerize assets, transactions & markets, and will partner with Gratomic on its mine-to-market commodity tracking and trading. Containerized assets are verifiably unique, keep an immutable record of who has owned them, have embedded smart logic, can be transferred P2P, and are interoperable with any system. Asset owners enjoy stronger ownership control, value retention when trading, and ability to prove authenticity in seconds.
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, on the OTCQX under the symbol CBULF and on the Frankfurt Exchange under the symbol CB82.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |