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.

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Northern Graphite Corp

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Post by ecolo101on Feb 09, 2024 8:52am

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Up to 8X demand growth. It will happen!

Global analysts estimate that by 2030, it will take 5 to 6 million metric tons of graphite per year to fill lithium battery demands. This is roughly four times the 1.3 million metric tons mined globally, according to the U.S. Geological Survey's Mineral Commodities Summaries 2023.

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