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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 > Article re Antimony non-Chinese supply....
View:
Post by Gorilladome47 on Jan 10, 2025 7:04pm

Article re Antimony non-Chinese supply....

https://www.mining.com/web/us-antimony-looks-to-ramp-up-antimony-smelting-facility/

US Antimony looks to ramp up antimony smelting facility



"Antimony, a strategic minor metal used in flame-retardants, batteries and munitions, was added to China’s export restriction list in August, as it aimed to shore up the material in the name of national security.

 

Last year, China accounted for 48% of global mined output of antimony, according to the US Geological Survey (USGS).

 

Gary Evans, the co-chief executive officer of United States Antimony, said that its smelting facility at Thompson Falls was only running at 50% of its capacity due to a lack of supply.

 

“We’re working on changing that, and it’ll probably happen over the next 30 to 60 days. Those additional supplies will probably come from foreign sources – we’re talking to 12 different countries,” Evans said at the H.C. Wainwright 26th Annual Global Investment Conference.

 

The company has also leased a flotation facility in Philipsburg, Montana, that would help refine sub-par antimony and “bring it up to the levels it needs to be to make munitions-grade antimony,” Evans added."

Sounds like they are on it...talking to 12 non-chinese countries...disruption takes some time, but looks like they are going in the right direction for US supply.  

...and isnt this a prime example of when you rely on your enemies for vital supply chains...critical anything really, covid masks?  ventilators?  anything of value...don't rely on CHINA! 


 
Comment by MaterialsMan on Jan 10, 2025 10:01pm
Who knows? Maybe NGC can pull off a similar feat.
Comment by Gorilladome47 on Jan 11, 2025 4:28pm
Materials, if we get that mucho tariff number, and China follows up with a restriction or ban...I don't think NGC will have to do anything...I would think the market will come to NGC!  It's all spec until January 20th!