Northern Graphite Corp Stock Price, News & Analysis

Northern Graphite (OTCQB: NGPHF) hosted European Commission Executive Vice-President Stéphane Séjourné at its Lac des Iles mine, North America's only operating graphite mine. The visit highlighted the strategic importance of secure critical mineral supply chains between Canada and the European Union.

The visit included a tour of mining operations and mineral processing facilities at Lac des Iles, which has been producing high-quality graphite for over 35 years. The Company's plan to establish a battery anode material facility in France has received strategic project status under the EU's Critical Raw Materials Act (CRMA), reinforcing Northern Graphite's role in developing a Western graphite supply chain.

Northern Graphite (OTCQB: NGPHF) has announced significant intellectual property transactions related to its carbon material processing technology. The company has agreed to acquire patents, trademarks, and IP for Porocarb® technology from Heraeus, previously only licensed to them. Additionally, Northern has entered into an agreement to license this technology to a third party for industrial applications.

The licensing agreement includes a potential technology transfer fee of up to $7 million USD, subject to conditions. Furthermore, Northern will receive prepaid royalties of $1 million USD each for 2026 and 2027, along with ongoing royalties based on the definitive licensing agreement.

Northern Graphite (NGPHF) reported Q1 2025 results with mixed performance. The company achieved record-high average sales prices of $2,550 per tonne, up 37% YoY, but revenue fell 27% to $4.0M due to reduced production volume from maintenance shutdowns. The company faces financial challenges with $41.2M negative working capital and covenant defaults on its debt, though waivers were obtained. Notable developments include winning Strategic Project status under EU's Critical Raw Materials Act for a BAM facility in France, and advancing plans for a BAM plant in Baie-Comeau. The Lac des Iles mine requires $10M investment to extend its life by 8 years before ore depletion by year-end, while Okanjande project remains in care and maintenance. The company reported a net loss of $5.3M ($0.04 per share) amid operational challenges and financing constraints.

The U.S. Department of Commerce has issued a preliminary decision to impose significant tariffs of up to 721% on Chinese graphite active anode material (AAM). This decision comes from an investigation into Chinese government subsidies for AAM production. Northern Graphite (OTCQB: NGPHF), as North America's only current natural graphite producer, stands to benefit from this development. The company plans to build a battery materials facility in Canada to meet growing demand for local AAM supply. A second preliminary decision on antidumping is expected in July, with final determinations for both investigations due around December 5, 2025. Currently, approximately 90% of graphite upgrading for AAM, a crucial component in lithium-ion batteries, is done in China. The investigation was initiated by American Active Anode Material Producers (AAAMP) and other North American industry petitioners in December 2024.

Northern Graphite Corporation (NGPHF) has announced two key equity compensation updates. The company has granted 125,000 stock options to an officer and an employee, exercisable at $0.105 per share with an expiration date of May 10, 2030. Additionally, the company has amended the vesting schedule for 350,000 restricted share units (RSUs) previously granted in March 2025. The revised vesting schedule includes 250,000 RSUs vesting in three tranches (40% in 2026, 30% in 2027, and 30% in 2028) and 100,000 RSUs vesting over three years (25% in 2026, 25% in 2027, and 50% in 2028).

Northern Graphite (NGPHF) reported its 2024 year-end results, highlighting a challenging financial position despite operational growth. The company increased revenues by 33% to $22.7M and sales volumes by 45% to 12,442 tonnes. However, they face critical financing needs to extend their Lac des Iles (LDI) mine pit, which could be depleted by late 2025. Without immediate funding of up to $10M, LDI, North America's only operating graphite mine, may be placed on care and maintenance. The company reported a net loss of $38.8M ($0.30/share) and has defaulted on debt covenants with only $0.4M cash remaining. Despite challenges, they've expanded resources through exploration, launched a battery materials division in Frankfurt, and maintained strong industrial demand, particularly in North America which represents 85% of production.

Northern Graphite (NGPHF) has received support from the Port of Rotterdam for its planned Battery Anode Material (BAM) facility in Baie-Comeau, Quebec. The port, Europe's largest and a critical raw materials hub, views Northern's project as a potential anchor in a new transatlantic graphite supply chain.

The company is evaluating two sites for the BAM plant: a 300-acre greenfield site and a brownfield site at a former paper mill. The project has garnered support from local authorities and the Port of Baie-Comeau, while Northern continues seeking power allocation and funding for the feasibility phase.

Once operational, the facility would be among the first large-scale BAM facilities outside Asia serving North American and European EV markets before 2030. Northern plans to source feedstock from its LDI mine in Quebec and projects in Namibia and Ontario. This development follows Northern's selection for a Strategic Project under the EU's Critical Raw Materials Act and its membership in the European Advanced Carbon and Graphite Materials Association.

Northern Graphite (NGPHF) and BMI Group have announced a partnership to evaluate the feasibility of establishing a Battery Anode Material (BAM) facility at a former paper mill in Baie-Comeau, Quebec. The proposed facility aims for a Stage 1 capacity of 50,000 tonnes per year.

The project would be located at either Norderra, BMI's infrastructure-ready node, or a 300-acre greenfield site owned by the city. The partners will work with local authorities and utility providers to secure power supply and maximize economic benefits while minimizing environmental impacts.

The BAM facility would process graphite from Northern's LDI mine in Quebec and development projects in Namibia and Ontario. This initiative complements Northern's planned BAM facility in France, which has been designated as a Strategic Project under the EU's Critical Raw Materials Act.

Northern Graphite (NGPHF) and Graphano Energy have announced a strategic collaboration agreement to share technical expertise and resources for graphite development. The partnership centers around Northern's Lac des Iles (LDI) mine, North America's only producing graphite mine, and Graphano's neighboring Lac Aux Bouleaux (LAB) and Standard properties.

The companies will share geological, geophysical, and metallurgical data to advance exploration and development, with each company bearing its own exploration costs. The collaboration aims to expand resources that can be processed at the LDI plant, potentially creating new ore sources while accelerating Graphano's path to production.

This strategic partnership represents a consolidated approach to graphite exploration in Canada, supporting the country's position as a critical materials supplier while addressing growing global demand.