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.

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Northern Graphite Corp

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Post by Gorilladome47on Dec 05, 2024 4:25pm

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Post# 36348014

"Without graphite, there will be no EV industry"

just reiterating,

"Graphite is an important input for the electric vehicle (EV) industry. Gasoline and diesel vehicles do not require any graphite—but EVs require an average of 136 pounds of graphite. The EV industry is important for the U.S. economy. In June 2024, domestic automotive manufacturing jobs reached a 34-year high. The Inflation Reduction Act helped mobilize $114 billion in private sector investments in the EV ecosystem, which is expected to generate 99,600 jobs. Without graphite, there will be no EV industry."

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