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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 Jan 10, 2025 7:04pm
92 Views
Post# 36398918

Article re Antimony non-Chinese supply....

Article re Antimony non-Chinese supply....

https://www.mining.com/web/us-antimony-looks-to-ramp-up-antimony-smelting-facility/

US Antimony looks to ramp up antimony smelting facility



"Antimony, a strategic minor metal used in flame-retardants, batteries and munitions, was added to China’s export restriction list in August, as it aimed to shore up the material in the name of national security.

 

Last year, China accounted for 48% of global mined output of antimony, according to the US Geological Survey (USGS).

 

Gary Evans, the co-chief executive officer of United States Antimony, said that its smelting facility at Thompson Falls was only running at 50% of its capacity due to a lack of supply.

 

“We’re working on changing that, and it’ll probably happen over the next 30 to 60 days. Those additional supplies will probably come from foreign sources – we’re talking to 12 different countries,” Evans said at the H.C. Wainwright 26th Annual Global Investment Conference.

 

The company has also leased a flotation facility in Philipsburg, Montana, that would help refine sub-par antimony and “bring it up to the levels it needs to be to make munitions-grade antimony,” Evans added."

Sounds like they are on it...talking to 12 non-chinese countries...disruption takes some time, but looks like they are going in the right direction for US supply.  

...and isnt this a prime example of when you rely on your enemies for vital supply chains...critical anything really, covid masks?  ventilators?  anything of value...don't rely on CHINA! 


 

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