Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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,... see more

TSXV:NGC - Post Discussion

Northern Graphite Corp > wonder where the graphite will come from?
View:
Post by GripnRip on Jan 10, 2024 1:17pm

wonder where the graphite will come from?

Batteries by 2026? Won't be coming from a new mine

Construction of massive battery plant south of Montreal to begin soon

 
 
Construction on massivebattery plant begins
 
 
 
 
Updated 
Published 

Around 8,000 trees will be cut down in the coming weeks to make room for the future Northvolt battery plant in Quebec.

Construction of the massive $7 billion plant in St-Basile Le Grand and McMasterville(opens in a new tab) is expected to start in the coming days after being announced in October.

 

Quebec committed $2.9 billion and Canada chipped in with up to $1.34 billion.

Northvolt has committed to replanting 2.5 trees for every one they cut down to build the plant.

"What Northvolt is doing is better than what we see in many cities where they plant one-to-one, and here we'll plant 2.5-to-one," said Maxime Bourdeau of the Centre de Revitalization du Bois Urbain.

Access roads will be built so trucks can carry wood and other excavation material in the spring.

The company has been under fire because it was granted permission to bypass the environmental review process (BAPE) during construction.

"We have avoided the most sensitive parts of the site, we have minimized our impact on the site, and we plan on minimizing the residual impact we have," said Norvolt spokesperson Laurent Therrien.

The site of the future Northvolt site that will manufacture batteries for electric vehicles.

Northvolt claims to make the greenest electric car batteries in the world, but its components will include metals like lithium, nickel, manganese, graphite and cobalt.

Their unsafe extraction in third-world countries has led to major criticisms against the electric car industry.

"The policy of Northvolt is to work with suppliers that can prove they don't have social or environmental impacts," said Therrien. "This is part of our lifecycle assessment."

 

The fast-track nature of the project, coupled with limited input from the local population, continues to rattle some in the St-Basile-le-Grand and McMasterville(opens in a new tab) communities.

"Everything was done behind our backs," said opponent Francois Cousineau. "Information barely trickled down to us."

Northvolt said it doesn't want to waste any time and hopes to have the structure built as early as the summer, with the first batteries being rolled out by 2026.

Comment by 1student on Jan 10, 2024 3:14pm
As we clearly understand it to be the case, Northern Graphite Corporation does not have the technical capability and requisite experience nor the intellectual property and supported technologies with which to go about developing and producing commercially viable SPCG anode materials or any kind of graphite anode battery material for that matter. You should all note that NeoGraf Solutions LLC does ...more  
Comment by youknowwhat on Jan 10, 2024 3:38pm
As we clearly understand it to be the case   Who is we?  
Comment by 1student on Jan 10, 2024 3:50pm
youknowwhat, You would rather focus on the "who is we question" instead of the very substance of what is being asserted? If you have proof which diminishes what I am asserting, please do provide such proof youknowwhat. To reiterate, It is clearly understood to be the case that Northern Graphite Corporation does not have the technical capability and requisite experience nor the ...more  
Comment by youknowwhat on Jan 11, 2024 7:16am
As we clearly understand it to be the case So I assume that "we" above should be replaced with "I" unless of course you are getting together with a non producing graphite wanna be company and between yourself and their management you are using we. Not a big deal but it certainly shows who you are.  There will be a day when you will actually be made to look the ...more  
Comment by 1student on Jan 11, 2024 10:46am
To reiterate, It is clearly understood to be the case that Northern Graphite Corporation does not have the technical capability and requisite experience nor the intellectual property and supported technologies with which to go about developing and producing commercially viable SPCG anode materials or any kind of graphite anode battery material for that matter. You should all ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities