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Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company 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/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles, Okanjande and Bissett Creek. Its products include Flake Graphite Products and Porocarb Products. The Lac des Iles (LDI) mine is the only flake graphite producer in North America. The LDI mine is located approximately two kilometers south of Lac-des-Iles, Quebec, 110 kilometers (km) northeast of Ottawa and 180 km northwest of Montreal. The Okanjande mining is located in Namibia, one of Africa's finest mining jurisdictions. It holds a 100% interest in the Bissett Creek Project, which is located around 15 km from the Trans-Canada Highway between the towns of Deep River and Mattawa, Ontario.


TSXV:NGC - Post by User

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Post by scissors14on Nov 12, 2012 8:58pm
315 Views
Post# 20591086

Chinese government freezes flake graphite output i

Chinese government freezes flake graphite output i

Chinese government freezes flake graphite output in Qingdao

09 November 2012

Bureau seeks to eradicate pollution from one of China’s largest graphite regions

A formal notice preventing the approval of any additional graphite processing plants in the towns of Pingdu and Laixi in Shandong province, northeast China, has been issued by the Municipal Environmental Protection Bureau for Qingdao, IM has learned.

The two towns, which are among China’s largest flake graphite-producing regions, have been ordered not to allow any further graphite plants to be established in the area as part of an environmental damage rectification programme, China’s People’s Daily has reported.

The order is the first significant restriction on the flake graphite industry in China, and will mean that there can be no future increase in high-value processed graphite output from the region.

Shandong province, which contains the coastal city of Qingdao, is home to a number of the country’s most significant graphite companies, including Qingdao Haida Graphite Co. Ltd and Qingdao Xinghe Graphite Co. Ltd.

China prioritises environment over industry

An official announcement was made on 30 October, outlining the Bureau’s “Special Rectification Programme for Environmental Pollution of Graphite Industry,” citing water pollution in Pingtang River as the reason for the order. It states that any new graphite factories that have already been approved must be checked against the requirements of the new regulation to ensure that their methods of production are of acceptable environmental quality. Factories whose methods do not receive environmental acceptance from the Bureau will be forced to cease operations,and will need to apply for acceptance within a limited time in order to resume production. Any facilities that fail to be approved will not be able to apply again, and will be shut down by local government. The order also stipulates that any companies deemed responsible for environmental pollution will be forced to rectifythe damage or face being closed down.

Additionally, the graphite separation and processing companies must establish waste water handling facilities and above-ground waste water discharge outlets, as well as implementing measures to prevent any leakage of waste.

Impact may be limited

The region’s local environmental department will begin inspecting facilities from 30 November 30th. Following an initial round of checks, Qingdao Environmental Protection Bureau will conduct facility inspections at random.

IM has learned, however, that the new regulation may have a limited impact as many of the local graphite mines in Shandong are nearing the end of their producing lives.

A number of factories said that they only use graphite from the Heilongjiang province to the north of Shandong, where they co-operate with local producers. These companies may therefore be able to transfer their operations to Heilongjiang in the event of their Shandong facilities being closed down by the local authorities.

https://www.indmin.com/Print.aspx?ArticleId=3115712 10/11/2012

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