Northern Graphite Corp V.NGC

How about discussions with White House for $$$? NOW

[GripnRip]

Ottawa, Ontario, May 17, 2024: Northern Graphite (NGC:TSX-V, NGPHF:OTCQB, FRA:0NG, XSTU:0NG) (the “Company” or “Northern”) is pleased to provide comment on the Biden Administration ruling to place a 25 percent tariff on natural graphite from China, starting in 2026, as it seeks to protect North America’s nascent graphite industry.

“This is an important move by the Biden Administration and the United States Trade Representative to support the North American graphite industry,” said Northern Chief Executive Officer Hugues Jacquemin. “Of course, more needs to be done, and we look forward in coming weeks to discussions with the White House as an industry about what else can be done to ensure an independent domestic graphite supply chain.”

[1student]

Who in the flock of seagulls is this Hugues Jacquemin trying to fool with the statements made by way of today's company press release. The slated to be imposed during 2026 U.S. 25% tariff on natural flake graphite processed within and exported by China based companies is certainly not going to help Northern Graphite Corporation today. NGC needs relatively immense amounts of capital today, in