Northern Graphite Corp V.NGC

NGC MORNING BRIEF Sunday edition

[youknowwhat]

BMI Flake Graphite, FOB China, -100 Mesh, 94-95% - V,M

$485.00 May 31, 2024
$688.00 May 31 2023

Source: Dow Jones Market Data

In one year a drop of 29.5% in graphite prices. While this is -100 mesh it indicates Chinese pricing. This price along with China DUMPING anode material into the North American market at $4000.00 a ton leads to the following:

Conclusion, North American graphite mines need US government financing and the US government needs North American graphite mines.

Without the North American graphite mines the US EV revolution is FINISHED. 
 

So Mr United States the rubber has hit the road.

[1student]

youknowwhat, China is going to do what China needs to do. The same simply can't be said about the Canadian Government. Alas, this Canadian\Ukrainian Deputy Prime Minister and Federal Finance Minister is too busy finding and sending Tens of Billions of "The Peoples of Canada" monies over to her Oligarch friends over in Ukraine (don't forget the "10% for the big guy" eh