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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Post by youknowwhaton Jul 18, 2024 9:04am

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Post# 36138036

Westwater News

Westwater contracts with Fiat Chrysler Automobiles ("FCA"), a leading manufacturer of electric vehicles and part of Stellantis, to supply natural graphite anode material.
With this binding Off-Take Agreement and the previously announced agreement with SK ON, Westwater has now secured off-take agreements for 100% of its Kellyton Phase 1 capacity.
With over $120 million into its Kellyton plant, and with these two off-take agreements in place, Westwater is proceeding to secure debt financing to complete construction.