Gratomic Secures 15-Year Renewal of Namibian Aukam Mining Licence

Gratomic Inc ( (TSE:GRAT) ) has provided an update.

Gratomic Inc. has secured a 15-year renewal of its Namibian Mining Licence ML215, extending its rights to operate at the Aukam Graphite Mine through March 2040, and completed successful electrical and mechanical performance testing of its processing plant in late 2025. With the renewed licence in place, the company is preparing to remobilize its operational team to site and advance plans for a feasibility-level study on scaling the Aukam plant to commercial capacity, while cautioning that no mineral resources or reserves have yet been delineated and that any future graphite supply remains contingent on demonstrating economic and technical viability, leaving material operational and financial risks for stakeholders.

Spark’s Take on TSE:GRAT Stock

According to Spark, TipRanks’ AI Analyst, TSE:GRAT is a Underperform.

Gratomic Inc’s overall stock score reflects significant financial and operational challenges. The inability to generate revenue and reliance on external financing present risks to its financial stability. Technical indicators point to an oversold condition, but the bearish trend remains strong. The negative valuation metrics further emphasize the company’s current struggles. Strategic improvements are necessary to enhance financial health and investor confidence.

To see Spark’s full report on TSE:GRAT stock, click here.

More about Gratomic Inc

Gratomic Inc. is a multinational graphite-focused company with projects in Namibia, Brazil, and Canada. Its strategy centers on developing the Aukam Graphite Mine in Namibia to become a supplier to the electric vehicle battery supply chain, where high-quality vein graphite from Aukam has already demonstrated suitability as an anode material in testing.

Technical Sentiment Signal: Sell

Current Market Cap: C$6.01M

Learn more about GRAT stock on TipRanks’ Stock Analysis page.