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 > 1student

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Post by youknowwhaton May 04, 2024 1:37pm

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1student

My friend, should such a 25% tariff be introduced as soon as you are suggesting it is to be introduced, the cost of both synthetic and natural graphite material and the cost of graphite comprising battery component materials being imported from China is likely about to be increased by 25%

It is my understanding the 25% tariff was set to expire on December 31 2023 and was extended until May 31 2024. The decision we await is whether the tariff is removed left as is or increased.

I suspect it will be left as is because of the upcoming US election. President Biden can not look soft on China.

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