Northern Graphite, whose Lac de Isles and Okanjande mines and facilities are fully permitted, is engaged with governments and automakers as it sets up to be the next generation carbon materials company for the energy transition. It has a sustainable, integrated, mine-to-market-to-battery solution that will be available as U.S. credits on EV batteries produced by the United States and their trading partners come into force through the end of the decade under the U.S. Inflation Reduction Act.
"This news out of China means that, even more than before, we are extremely well positioned to service demand for graphite from battery makers in North America. We have everything in place. As the only producer of graphite in North America, Northern Graphite is clearly in the driver's seat with a tremendous competitive advantage," said Mr. Jacquemin.