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Northern Graphite (TSXV:NGC) appoints government relations advisor

Mining
TSXV:NGC
16 June 2022 12:30 (EDT)

Source: Northern Graphite.

Northern Graphite Corporation (NGC) has engaged public affairs advisory firm Navigator Limited to assist in securing government support to advance its operations in Canada.

Navigator Limited will be engaged in helping finance construction of the Bissett Creek graphite mine in Ontario.

It will also help extend the mine life and expanding production at the producing Lac-des-Îles graphite mine in Quebec.

In addition, Northern Graphite will use its support to help build a manufacturing facility in Canada to convert mine production into battery anode material.

The company’s CEO, Hugues Jacquemin said that Northern Graphite is well positioned to participate in Canada’s development of the critical minerals industry.

“Graphite is one of those critical minerals and as the largest component of a lithium ion battery it requires the largest production increase of any battery mineral to meet forecast EV demand. Northern’s Lac-des-Îles, Quebec mine is the only significant graphite producer in North America, Bissett Creek is one of the most advanced critical minerals projects in Canada, and soon the Company will have graphite production from Namibia which can be transformed into battery material in Canada.”

Northern Graphite is a Canadian company focused on becoming a world leader in producing natural graphite.

Northern Graphite Corporation (NGC) is down 7.14 per cent on the day, trading at C$ 0.45 per share at 11:30 am ET.

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