Northern Graphite Corp Stock Price, News & Analysis

Northern Graphite (OTCQB: NGPHF) reported Q3 2025 operating and financial results and a corporate update on Dec 2, 2025. Production fell amid intermittent shutdowns, with concentrate output of 2,325 t in the quarter and revenue of $6.5M (down 4% YoY) partially offset by 32% higher selling prices. The company secured a $6.225M federal interest-free loan covering 75% of Lac des Îles pit-extension eligible costs and completed overburden pre-stripping. Subsequent to quarter-end Northern closed a C$1.4426M private placement and placed LDI on temporary care and maintenance to complete upgrades ahead of expected restart and ramp to 20,000–25,000 tpy.

Northern Graphite (OTCQB: NGPHF) has placed the Lac des Iles mine and mill into temporary care and maintenance after a mill bearing failure and to accelerate scheduled maintenance ahead of a planned 2026 pit expansion. A replacement bearing has a lead time of ~4–6 weeks. Pre-stripping for Phase 1 is underway on a continuous basis over an estimated two-month period.

The expansion project has up to $6.2M of interest-free, repayable funding covering 75% of eligible costs from NRCan/CED. The company expects to start production from the expanded pit in Q2 next year, but a minor over‑blast near the 209m depth may cause a 2–3 month production gap while regulators areengaged and an amendment is sought.

Northern Graphite (OTCQB: NGPHF) signed a Letter of Intent to take up to 50% (100 tpa) of a 200 tpa pilot graphite purification plant being built by Alkeemia in Porto Marghera, Italy, with a planned Start of Production in Q1 2026. The Alkeemia process targets 99.96% graphite for Li‑ion batteries and is described as lower carbon, faster, simpler, and less toxic than competing methods. Northern will toll process feedstock from its Okanjande (Namibia) and Lac des Iles (Quebec) mines and is discussing scaling the technology to 5,000–10,000 tpa for planned BAM facilities in Baie‑Comeau and France. The deal is framed as strengthening Western supply‑chain independence amid recent Chinese export controls effective November 8, 2025.

Northern Graphite (OTCQB: NGPHF) and Rain Carbon Canada announced a C$860,000 grant from the Canada‑Germany Collaborative Industrial R&D Program to fund a 24‑month, C$2.2 million project to convert natural graphite by‑product into battery‑grade anode material. The project combines Northern's feedstock and sizing capabilities with Rain's LIONCOAT® carbon coating and electrochemical testing at Rain's Hamilton pilot facilities.

The initiative targets higher milling and shaping yields, reduced waste and a lower carbon footprint to support a Western mine‑to‑battery supply chain alternative. Funding includes advisory support from NRC IRAP and Germany's BMWE (ZIM).

Northern Graphite (OTCQB: NGPHF) has begun overburden stripping at its Lac des Iles mine as the first phase of a pit extension intended to extend the mine life by up to eight years. Stripping uses conventional open‑pit methods on a continuous 24‑hour basis over an estimated two‑month period.

The Regional Economic Growth Through Innovation Program via NRCan/CED is financing 75% of eligible costs through an interest‑free, repayable contribution of up to $6.225 million. First production from the extension could occur in approximately four to six months while the operation continues to process ore from the existing pit and stockpiles.

LDI currently produces about 15,000 tonnes of graphite concentrate per year with installed capacity of 25,000 tonnes. The work follows recent drilling and cites heightened market importance after China announced export controls effective November 8, 2025.

Northern Graphite (OTCQB: NGPHF) reported Q2 2025 results, highlighting a 28% revenue increase to $7.0 million driven by a 23% rise in sales volumes. The company secured $6.225 million in government support for its Lac des Îles pit extension and received a US$1.5 million initial payment from licensing its carbon material processing technology.

Key financial metrics include sales of 3,404 tonnes of graphite concentrate, a 4% increase in average realized prices, and a net loss of $1.0 million ($0.01 per share). The company faces challenges with debt covenants but received waivers for defaults as of August 29, 2025.

Strategic developments include selection under the EU's Critical Raw Materials Act, plans for a Baie-Comeau Battery Anode Material plant, and benefiting from new U.S. tariffs of up to 160% on Chinese graphite imports.

Northern Graphite (OTCQB: NGPHF) has secured a significant $6.225 million interest-free repayable contribution from the Canadian government to extend the life of its Lac des Iles (LDI) graphite mine in Quebec, North America's only operating graphite mine.

The funding, provided through Natural Resources Canada and the Economic Development Agency of Canada for Quebec Regions, will cover 75% of eligible costs for the pit extension. LDI currently produces 15,000 tonnes of graphite concentrate annually, with an installed capacity of 25,000 tonnes. The extension will prevent the mine from going into care and maintenance at the end of 2025, with first production from new zones expected in 6-8 months.

The repayment will begin 36 months after project completion through 84 equal monthly installments. The company is in discussions to finance the remaining costs of the mine extension.

Northern Graphite (OTCQB: NGPHF) has announced the promotion of Dr. Moritz Hantel to the position of Chief Product Officer (CPO), effective immediately. Dr. Hantel, who previously served as Vice President of Innovation & Product Management, will lead the company's global product strategy, technology development, and customer solutions.

The appointment aligns with Northern's strategy of becoming an integrated supplier of Battery Anode Material (BAM) to the electric vehicle and energy storage sectors. Dr. Hantel, who holds a PhD in Electrochemistry from ETH Zurich, has been instrumental in developing Northern's Battery Materials group and securing key technology licenses since joining the company in 2024.

Northern Graphite (OTCQB: NGPHF) has provided insights on significant U.S. trade developments affecting the graphite market. The U.S. Department of Commerce has imposed preliminary anti-dumping tariffs of 93.5% on Chinese graphite-based active anode material (AAM), bringing the total effective tariff rate to 160% when combined with other duties.

The measures are retroactive and require importers to post cash deposits on recent and future shipments. Chinese AAM imports to the U.S. were valued at $350 million in 2023 and $380 million in 2022. The final determinations for both anti-dumping and countervailing duty investigations are expected around December 5th, 2025.

Northern Graphite, North America's only natural graphite producer, plans to build one of the region's largest AAM plants in Baie-Comeau, Quebec, positioning itself to benefit from these trade developments and support domestic supply chains.