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Northern Graphite ( (TSE:NGC) ) has shared an update.
Northern Graphite Corporation has announced the supply of battery anode material samples from its Lac des Iles mine. A year after forming its battery division, Northern is providing three standard Battery Anode Materials and the patented Porocarb® to lithium-ion and solid-state battery manufacturers. This development marks a significant step in Northern’s vertical integration strategy, enhancing its position in the battery supply chain and offering tailored solutions to meet the unique requirements of electric vehicle battery makers.
More about Northern Graphite
Northern Graphite Corporation operates in the mining and battery materials industry, focusing on supplying battery anode materials. The company is vertically integrated from mining operations, particularly from its Lac des Iles mine in Quebec, to producing high-performance battery materials for electric vehicles and other applications. Its product offerings include three standard Battery Anode Material (BAM) products and a patented Porocarb® material tailored to meet the specific needs of battery manufacturers.
YTD Price Performance: -10.0%
Average Trading Volume: 99,871
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.54M
See more insights into NGC stock on TipRanks’ Stock Analysis page.
