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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

Comment by Lynx9on Feb 03, 2022 2:34pm
248 Views
Post# 34394291

RE:RE:Recent hires by NGC

RE:RE:Recent hires by NGC

I do believe that Nambia is, or will be, as part of there corporate growth is to put Nambia back into production. So it would make sense to find capable leadership, labours are a dime a dozen and easly hired behind qualified leadership/management. Sort of like putting the cart before the horse.

The Lac des Iles graphite mine, 180 km northwest of Montreal, has been in production for more than 20 years. It will produce up to 15,000 tonnes per year over the next three years, and there are opportunities to expand annual production. The mine and mill come with an established market and customer base.

In Namibia, the company will own the Okanjande graphite deposit and the idle Okorusu fluorspar mill, which Imerys refitted to treat graphite-bearing ore. The plant was put on care and maintenance in 2018.

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