Northern Graphite (TSE:NGC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Northern Graphite Corporation has announced significant progress in the development and commercialization of Porocarb®, a patented carbon product designed to enhance electric vehicle battery technologies, including lithium-ion and all-solid-state batteries. The company has entered into agreements with leading global battery manufacturers to explore the use of Porocarb® in their products. The material not only promises to improve the performance and life cycle of batteries but also represents a new revenue stream for Northern, potentially ahead of its natural graphite anode material.
For further insights into TSE:NGC stock, check out TipRanks’ Stock Analysis page.