Strategic Project designation will streamline regulatory approvals, improve access to public and private financing and support potential off-take agreements Northern's project will require €159 million in funding with initial BAM production targeted for 2028 Project will use graphite from Northern's Okanjande project in Namibia and will diversify and broaden the Company's geographic base [...]
Northern Graphite Corp. announces that it has completed a non-brokered private placement of 2,631,579 common shares of the Company issued on a flow-through basis at a price of $0.19 per share for gross proceeds of $500,000. The common shares qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act . The gross proceeds of the private placement will be used to incur Canadian eligible [...]
Northern Graphite Corp. is pleased to announce the publication of a Special Report on its cornerstone asset, the Lac des Iles graphite mine in Quebec. The report, Lac des Iles Graphite Mine Marks 35 Years: Evolving with a Changing World, tracks LDI's trajectory from its first shovel-full of graphite bearing ore in 1989 through to supplying more than 20 percent of the US industrial market for graphite today. It then [...]
Northern Graphite Corp. is pleased to announce that a year after forming its battery division, the Company is providing three standard Battery Anode Material products, as well as its patented Porocarb® material, to makers of Lithium-Ion as well as All Solid State battery chemistries. "This marks a major milestone toward our vertical integration into the battery supply chain as a truly mine-to-market company that is able [...]
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 [...]
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