RE:RE:RE:RE:RE:RE:RE:RE:NGC Didn't Even Make The List Of CompaniesChina is going to make sure both synthetic and natural graphite and the multitudes of value add graphite comprised products which China produces are plentiful and lowest cost both for China'd needs and on behalf of the many customers serviced by China based graphite centric corporations.
This will ensure that should the U.S and Canada want to develop and bring into production any of the graphite bearing lands projects which are suggested as being nearest to shovel ready, the U.S and Canadian governments are going to have to demonstrably commit to heavily subsidizing such projects long term, along with various battery materials manufactureres and battery cells manufacturers and their respective automotive manufacturing joint venturing partners.
Yes. China is a problem for those countries who quite intentionally made China a problem MaterialsMan; and I certainly don't feel badly about what countries like the U.S. and Canada have chosen to do to themselves - self inflicted and permanent economic and geopolitical wounds doesn't even begin to describe it.
Sadly, Northern Graphite Corporation representatives are out there seemingly begging for investors and partners possessing half a billion in desperatly needed investment capital to be directed NGC's way, this after foolishly miscalulating and wasting previously existing opportunity and time with that China based company's subsidiary, Graphex Technologies U.S. LLC.
Indeed MaterialsMan. Syrah Resources Ltd or "SYR is lucky to have a sugar mama", along with everything else NGC obviously does not have now and likely won't have for another couple of years, if ever.
Syrah also has agreements with Tesla, a Ford Motor Co joint venture with South Korea's SK On as well as LG Energy Solution for future anode material supplies from the Louisiana plant. I won't mention the U.S DOE loan for the Vidalia process manufacturing facility.
After all, we all know Syrah Resources locked that DOE loan up, this whilst that China based company's subsidiary, Graphex Technologies U.S. LLC, wasn't able to get a return phone call from the U.S and/or Canadian federal governments.
NGC is clearly a cluster MaterialsMan.