Canada’s only graphite miner faces uncertain future as it holds out hope of government financing
QUEBEC, CANADA, JUL 18 – Northern Graphite seeks urgent government financing to extend its Quebec mine life amid investor doubts and intense competition from Chinese graphite producers, with $10 million needed to sustain operations.
5 Articles
5 Articles
At North America's only graphite mine, big battery dreams face a global crush
A $90 billion global market is on the horizon, but the uncertain fate of North America’s only operating graphite mine highlights the challenges facing Canada as it vies to become a top-tier supplier of critical minerals in a sector monopolized by China.
The only graphite mine in North America, Quebec, is in urgent need of $10 million.
Mineral Commodities (ASX: MRC) Provides Update on Skaland Graphite Project Sale
Mineral Commodities Ltd (ASX: MRC), a mining and development company aspiring to be a leading vertically integrated diversified producer of graphitic anode materials and value-added mineral products, has provided an update on the sale of its Skaland Graphite Project. The company’s wholly owned subsidiary, MRC Graphite Norway Pty Ltd, entered into a binding share purchase agreement with Norge Mineraler Holding AS for the sale of 100% of the share…
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