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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 > Antimony up 230% with Ban
View:
Post by Frenchie18473 on Dec 06, 2024 10:05am

Antimony up 230% with Ban

Great article Youknowwhat!

antimony up 230% with the Chinese ban.  Look at the company down in the states that had to drop production  to 50% because antimony prices were being depressed by China.  And now...

"United States Antimony (USAC), the only North American processor of the metal, made plans to lift output at its Montana smelter, which was running at 50% of capacity after China announced curbs on antimony exports in August.

"Our decision to ramp up production was predominantly triggered by the more than tripling of worldwide Rotterdam antimony prices," the company's chairman, Gary Evans, told Reuters."

What is next:

now you have NGC the only graphite producer in North America in a similar boat with a product that is beig "reviewed" by China for a closer look at the restrictions...

It doesn't  take much to recognize the what will happen to graphite prices when China delivers on their look at who is buying their graphite and what it is used for in the USA.  They are pinching back.   And hard.  Because they can.  Because they control the world market on graphite. 

do your own DD, but I have no idea why we are still at 13 cents.   I'd sell my dog for a few more shares.  

let's go!

Comment by 1student on Dec 06, 2024 11:24am
This post has been removed in accordance with Community Policy
Comment by woundedknee on Dec 06, 2024 3:16pm
MTS has antimoney..trading at 29 cents CA
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