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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 > What China’s critical mineral ban means for the US...
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Post by Gorilladome47 on Dec 06, 2024 6:05pm

What China’s critical mineral ban means for the US...

https://www.technologyreview.com/2024/12/06/1108020/what-chinas-critical-mineral-ban-means-for-the-us/


"
Any tightened restrictions on graphite could have a pronounced economic impact on US battery and EV makers, in part because there are so few other sources for it. China controls about 80% of graphite output from mines and processes around 70% of the material, according to the International Energy Agency

It would be very significant for batteries,” says Seaver Wang, co-director of the climate and energy team at the Breakthrough Institute, where his research is focused on minerals and manufacturing supply chains. “By weight, you need way more graphite per terawatt hour than nickel, cobalt, or lithium. And the US has essentially no operating production.”


"Should the nation decide to enact even stricter trade restrictions, Combs says China could opt to inflict greater economic pain on the US through a variety of means. These could include further restricting or fully banning graphite, as well other crucial battery materials like lithium; cutting off supplies of tungsten, which is used heavily in the aerospace, military, and nuclear power sectors; and halting the sale of copper, which is used in power transmission linessolar panels, wind turbines, EVs, and many other products. "
Comment by youknowwhat on Dec 06, 2024 8:20pm
hey gorilla post the link so a person can click on it a go straight to the article. Example below. https://www.technologyreview.com/2024/12/06/1108020/what-chinas-critical-mineral-ban-means-for-the-us/
Comment by Gorilladome47 on Dec 06, 2024 8:40pm
Hey youknowwhat, is it too much work to cut and paste the old fashion way?   Millennials! go figure.  Copy!
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