Northern Graphite Corp V.NGC

Alternate Symbol(s): NGPHF

Metals & Mining Graphite

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

Northern Graphite Corp > New player

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Post by MaterialsManon Jan 10, 2024 10:25pm

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Post# 35820698

New player

According to news yesterday, GRFX is planning to do a spinoff of their U.S. based processing facility through a SPAC.
The plan is to make their products independent of China in order to allow EV MFGs to get the rebates.
According to the article, they will need a U.S. approved supplier of graphite feed.
Is NFG up to the task? Here's their big opportunity.
Graphex was up10% on the news.

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