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Bullboard - Stock Discussion Forum Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a mineral resource exploration, development, and production company. It is engaged in the acquisition, exploration, development and production of graphite and other battery mineral properties. It is focused on producing natural graphite and upgrading it into high value products critical to the green economy, including anode material for lithium-ion batteries/EVs... see more

TSXV:NGC - Post Discussion

Northern Graphite Corp > OEC.WORLD. latest trends September 2023
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Post by youknowwhat on Nov 03, 2023 4:44pm

OEC.WORLD. latest trends September 2023

OVERVIEW In September 2023 China's Natural graphite in powder or flakes exports accounted up to $17M and imports accounted up to $1.18M, resulting in a positive trade balance of $15.8M. Between September 2022 and September 2023 the exports of China's   Natural graphite in powder or flakes have decreased by $-15.2M (-47.2%) from $32.1M to $17M, while imports decreased by $-9.19M (-88.6%) from $10.4M to $1.18M.

DESTINATIONS In September 2023, Natural graphite in powder or flakes were exported mostly to South Korea ($5.69M), Japan ($3.68M), United States ($3.42M), India ($1.03M), and Germany ($827k), and were imported mostly from Madagascar ($427k), Norway ($191k), Japan ($182k), United States ($134k), and Vietnam ($92k).

GROWTH In September 2023, the decrease in Natural graphite in powder or flakes's year-by-year exports was explained primarily by a decrease in exports to Iran ($-530k or -78%), Japan ($-362k or -5.12%), and Turkey ($-320k or -89.8%). In September 2023, the decrease in Natural graphite in powder or flakes's year-by-year imports was explained primarily by a decrease in imports from United Kingdom ($-76k or -57.7%), United States($-53.5k or -93.1%), and Canada ($-33.3k or -99.8%)

Comment by 1student on Nov 04, 2023 3:11am
Good information youknowwhat. So, for NGC specifically, what does all of that matter when the company had been stockpiling graphite material and hadn't processed any graphite ore for several months before September 2023. The processing plant was placed in care and maintenance mode months ago and who knows if the company actually mined any graphite during the previous many months. Since NGC ...more  
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