Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FRA: CB82), a multinational company with projects in Namibia, Brazil and Canada, has provided an updated on the operational readiness of its on its Aukam Processing Plant in Namibia. The company announced that two management leaders —Armando Farhate, COO and head of graphite marketing and sales, and Karl Trudeau, head of operations, Namibia — will be overseeing the finalization process of the plant’s operational readiness (“OR) plan. The two executives will arrive in Namibia next week. Operational readiness is defined as the capability to efficiently deploy, operate and maintain required systems and procedures to the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events. The company has reviewed the existing OR plan and made a few adjustments to accommodate requirements needed for the precise completion of the plant’s commissioning and OR plan launch. The company has announced that the entire front end of the plant has been commissioned and is now operational ready, and work the remaining plant components is ongoing in preparation to reach the ultimate product in bag (“PIB”) goal.
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About Gratomic Inc.
Gratomic is a multinational company with projects in Namibia, Brazil and Canada. The company is focused on becoming a leading global graphite supplier and aims to secure a strong position in the electric vehicle battery supply chain. With the continued development of its flagship Aukam project and further exploration on the company’s Capim Grosso property, Gratomic sets itself apart by seeking out unique top-quality assets around the world. True to its roots, the company will continue to explore graphite opportunities displaying potential for development. The company ranked third place in the top-10 preforming mining stocks on the 2022 TSX Venture 50(TM). Large quantities of high-quality vein graphite have been shipped for testing to confirm its viability as an anode material. Gratomic is confident that the test results will provide a unique competitive advantage in its desired target markets. The company will continue to update the public on the status of these tests and will provide results as soon as they become available. In addition, the company has formed a collaboration agreement with Forge Nano. Featuring a patented ALD coating, this cooperation with Forge Nano is a key element to support Gratomic’s strategies toward the value-added phases of production of graphite for anode applications, namely micronization, spheronization and coating, making Gratomic graphite a preferred choice for use in lithium-ion batteries. For more information about the company, visit www.Gratomic.ca.
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