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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 1studenton Feb 16, 2024 1:58pm
61 Views
Post# 35884653

RE:Congrats to NOU

RE:Congrats to NOUyouknowwhat,

You reiterated "The offtake agreements will run for six to seven years, and they represent about 85 per cent of Nouveau Monde's planned commercial production, which it is aiming to begin in 2027"

That requisite Hydro Quebec electricity transmission and distribution network infrastructure build specifically supporting the Matawine graphite mine project must be fully funded and the go order must be given by Premier Legault to have said supporting infrastructure built.
Without said infrastructure in place the Matawine graphite mine operational costs would make the entire project economically unfeasible and the wheels would be made to fall off the Nouveau Monde Graphite enterprise.


Also, much is contingent upon the necessary driving of demand for specifically North American manufactured SPCG "BAM" and CAM battery material components surpassing projected expectations of supply leading up to 2027.
More importantly, it's highly contingent on the longer term sustaining of the very U.S. "IRA" provisions making possible Federal U.S. Government funded programs supporting the continued forging of the North American battery materials and battery cells development and manufacturing supply chain.
It would go without saying that the global battery-electric vehicles manufacturing industry and all the investment dollars placed toward aggressively supporting said industry thus far would be in grave peril, i.e. should a newly elected U.S. Government administration choose to peal back and seek to gut the integrally important provisions presently allowed by the U.S. "IRA".
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