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Bullboard - Stock Discussion Forum Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Metals & Mining Industrial Metals & Minerals 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,... see more

TSXV:NGC - Post Discussion

Northern Graphite Corp > Westwater News
View:
Post by youknowwhat on Jul 18, 2024 9:04am

Westwater News

  • Westwater contracts with Fiat Chrysler Automobiles ("FCA"), a leading manufacturer of electric vehicles and part of Stellantis, to supply natural graphite anode material.

  • With this binding Off-Take Agreement and the previously announced agreement with SK ON, Westwater has now secured off-take agreements for 100% of its Kellyton Phase 1 capacity.

  • With over $120 million into its Kellyton plant, and with these two off-take agreements in place, Westwater is proceeding to secure debt financing to complete construction.

Comment by 1student on Jul 18, 2024 1:49pm
youknowwhat, To my knowledge, Northern Graphite Corporation representatives do not sell battery grade graphite material. What a shame. Westwater announces that it has sold forward, by way of binding offtake purchase agreements with SK On and now FCA/Stellantis, 100% of it's Kellyton phase 1 capacity and the Westwater share price heads slightly downward. Alas, the graphite craze is ...more  
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