Changes Reflect Continued Efforts to Enhance Operational Efficiency Industrial and Battery Markets Consolidated Under Chief Sales Officer Northern Graphite Corp. today announced a strategic reorganization of its upper management team to enhance operational efficiencies and better align sales strategy with growing demand for graphite in the battery sector. Effective immediately, oversight of all operations, including the [...]
Negotiates higher graphite prices for 2025 Order book reflects strong demand to start the year Successfully completes Lac des Iles maintenance shutdown Lac des Iles mill to restart production on January 13 Northern Graphite Corp. announces that it has negotiated significant price increases with customers for its graphite for 2025 to reflect rising costs of production and inflation. The Company also announces that the Lac [...]
Record sales volume amid push to meet demand, raise cash and reduce operating expenses Increased plant output following move to seven-days-a-week schedule Permitting started for new pit at Lac des Iles, new drill program launched Northern Graphite Corp. is pleased to provide an operating summary and financial highlights for the three and nine month periods ending September 30, 2024. The Company's Financial Statements and [...]
Temporary Shutdown for Maintenance and Repairs to Support Development of New Pit and Increased Production Capacity Customers to be Served from Existing Inventory to Avoid Disruptions Battery Division's Porocarb® Product Attracting Serious Interest from Battery Makers Northern Graphite Corp. announces that the Company will temporarily shut down its processing facility at Lac des Iles in order to complete repairs and [...]
Northern Graphite Corp. today announced the resignation of Guillaume Jacq as Chief Financial Officer , effective November 30, 2024, to pursue other career opportunities. Mr. Jacq will continue to serve as CFO until his departure. Northern will initiate a formal search process for Mr. Jacq's successor as CFO. In the meantime, the Company is pleased to announce that Niall Moore, Northern's Group Controller, will assume the [...]
Northern and RAIN to develop and commercialize advanced natural graphite-based Battery Anode Material with reduced electrode swelling, an extended cycle life and an improved charging speed of lithium-ion battery cells New products will improve the performance of natural versus synthetic graphite-based battery anode materials Joint Development enables RAIN to further expand and fine-tune its portfolio of LIONCOAT [...]
Strict cost control measures implemented to preserve working capital and bolster balance sheet Increased output from cornerstone Lac des Iles mine to boost operating income Near record graphite sales amid push into new markets Northern Graphite Corp. is pleased to provide an operating summary and financial highlights for the three and six month periods ending June 30, 2024. The Company's Financial Statements and [...]
Northern Graphite Corp. is pleased to announce a grant from Québec's Ministère des Ressources Naturelles et des Forêts for the Company's drilling program at Lac des Iles. The grant for up to C$400,000 will pay 50 percent of eligible expenses for geo-metallurgical and geo-environmental drilling to be carried out this year on the Company's Lac des Iles mining lease. This financial support was granted as part of the fourth [...]
Lac des Iles mine production ramping up to meet customer demand and increase operating income Record first quarter sales volumes and revenues Strict cost control measures being implemented to preserve working capital Northern Graphite Corp. is pleased to provide an operating summary and financial highlights for the three month period ending March 31, 2024. The Company's Financial Statements and Management's Discussion and [...]
Northern Graphite Corp. is pleased to provide comment on the Biden Administration ruling to place a 25 percent tariff on natural graphite from China, starting in 2026, as it seeks to protect North America's nascent graphite industry. "This is an important move by the Biden Administration and the United States Trade Representative to support the North American graphite industry," said Northern Chief Executive Officer [...]
OEMs must show meaningful progress toward having a North American supply chain in place before January 2027 Northern Graphite Corp. is pleased to provide comment on the Biden Administration's new, two-year certification requirements for auto and battery makers under the final implementation rules of the Inflation Reduction Act's Section 30D Clean Vehicle Tax Credit. The Biden administration announced a decision on May 3 [...]
Porocarb® represents potentially significant new revenue stream for Northern Northern Graphite Corp. is pleased to provide an update on the development, production, and commercialization of Porocarb®, a patented high-performance macro-porous hard carbon material aimed at boosting performance in next generation battery chemistries for electric vehicles , including both lithium ion and solid state batteries. Since the [...]
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