January 31, 2024
Northern Graphite’s Groundbreaking Launch of Battery Materials Group
Northern Graphite’s Groundbreaking Launch of Battery Materials Group
CEO Hugues Jacquemin heralded a pivotal move for Northern as the company announced the launch of the NGC Battery Materials Group. Northern, renowned for its Lac des Iles mine in Quebec, stands as the sole graphite producer in North America. Amidst escalating geopolitical significance of graphite underscored by China’s announcement of stringent export controls in November, the strategic move by Northern looms large. China, as the world’s premier graphite producer and exporter, refines over 90% of the material crucial for electric vehicle batteries and various green energy technologies. The NGC Battery Materials Group, which will be operated and financed by
