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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

Post by Gorilladome47on Dec 06, 2024 6:05pm
84 Views
Post# 36350400

What China’s critical mineral ban means for the US...

What China’s critical mineral ban means for the US...https://www.technologyreview.com/2024/12/06/1108020/what-chinas-critical-mineral-ban-means-for-the-us/


"
Any tightened restrictions on graphite could have a pronounced economic impact on US battery and EV makers, in part because there are so few other sources for it. China controls about 80% of graphite output from mines and processes around 70% of the material, according to the International Energy Agency

It would be very significant for batteries,” says Seaver Wang, co-director of the climate and energy team at the Breakthrough Institute, where his research is focused on minerals and manufacturing supply chains. “By weight, you need way more graphite per terawatt hour than nickel, cobalt, or lithium. And the US has essentially no operating production.”


"Should the nation decide to enact even stricter trade restrictions, Combs says China could opt to inflict greater economic pain on the US through a variety of means. These could include further restricting or fully banning graphite, as well other crucial battery materials like lithium; cutting off supplies of tungsten, which is used heavily in the aerospace, military, and nuclear power sectors; and halting the sale of copper, which is used in power transmission linessolar panels, wind turbines, EVs, and many other products. "
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