Gratomic and Graphex Announce Positive Lithium Ion Battery Application Results for Aukam Vein Graphite

Jun 08, 2023

TORONTO, ON / ACCESSWIRE / June 8, 2023 / Gratomic Inc. ("Gratomic", "GRAT," or the "Company") (TSXV:GRAT, Financial)(OTCQX:CBULF, Financial)(FSE:CB82) and Graphex Technologies LLC, the U.S. subsidiary of Graphex Group Limited (NYSE American: GRFX) (HKSE: 6128) (see press release dated January 25, 2023) announce that they have jointly submitted samples of vein graphite concentrate from the Aukam Project in Namibia for characterization at an independent laboratory. The aim is to determine whether the graphite is suitable for lithiumion (Li-ion) battery anode applications. These test results are critical to establish if Gratomic and Graphex could enter into the next phase of their collaboration. This phase would have the objective to incorporate Aukam Vein Graphite in Lithium Ion Battery Applications that utilize Graphex's competitive technology and expertise in mid-tier processing of graphite for anode materials.

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