Northern Graphite Corporation NGC.V

Company Overview

Northern Graphite Corporation is a Canadian mining and industrial materials company focused on the production, development, and processing of natural graphite. The company operates in the critical minerals and battery materials industries, supplying graphite products used in lithium-ion batteries, electric vehicles, fuel cells, lubricants, refractories, industrial applications, and energy storage systems. Northern Graphite is publicly traded on the TSX Venture Exchange under the symbol NGC.V and has positioned itself as one of the few Western graphite producers with operating assets outside China.

The company’s principal revenue drivers are graphite concentrate production and the sale of value-added graphite products through its mining and processing operations. Northern Graphite’s strategy centers on building an integrated graphite supply chain spanning mining, processing, and advanced battery material applications. The company evolved from a Canadian graphite development firm into a multinational graphite producer following its acquisition of Imerys Graphite & Carbon Canada Inc. assets in 2022, which significantly expanded its operating footprint and production capacity.

Business Operations

Northern Graphite conducts operations through several graphite mining and processing assets, including the producing Lac des Iles Mine in Québec and development-stage projects such as Bissett Creek in Ontario, Okanjande Mine in Namibia, and the Battery Materials Division initiatives focused on downstream processing. Revenue is primarily generated through the production and sale of natural graphite concentrates and specialty graphite products used in industrial and battery-related applications.

The company maintains operations across both North America and Africa. The Lac des Iles Mine is one of North America’s only producing graphite mines, while the Namibian operations provide additional resource diversification and exposure to international markets. Northern Graphite also controls processing technologies and intellectual property related to spherical graphite and battery anode materials. The company has pursued partnerships and government-supported initiatives tied to critical mineral supply chains, particularly in relation to North American electric vehicle manufacturing and energy transition infrastructure.

Strategic Position & Investments

Northern Graphite’s strategic direction is centered on becoming an integrated supplier of graphite and battery materials to Western markets seeking alternatives to Chinese supply chains. The company has emphasized downstream processing investments, including plans for battery anode material facilities and advanced graphite upgrading capabilities. Management has identified electric vehicle battery demand and energy storage growth as key long-term drivers for graphite consumption.

A major milestone was the acquisition of Imerys Graphite & Carbon Canada Inc. assets, which included the operating Lac des Iles Mine and related processing infrastructure. Northern Graphite has also continued advancing the Bissett Creek Project, which has been identified in public filings as a large-flake graphite development asset with potential battery-grade applications. The company has publicly discussed involvement in emerging battery technologies and critical mineral supply initiatives supported by Canadian and international government programs.

Geographic Footprint

Northern Graphite is headquartered in Ottawa, Canada, with operational and development assets across Canada and Namibia. Its primary producing operation is located in Québec, while additional development-stage projects are situated in Ontario and southern Africa. The company’s geographic diversification is intended to support supply chain resilience for North American and European battery manufacturers.

The company serves customers in multiple international markets, including North America, Europe, and parts of Asia. Through its Namibian operations and Canadian production base, Northern Graphite maintains exposure to global industrial graphite demand while positioning itself within Western critical mineral strategies aimed at reducing dependency on Chinese graphite processing and supply.

Leadership & Governance

Northern Graphite was originally established as a Canadian graphite exploration and development company before transitioning into a multinational producer through acquisitions and operational expansion. Corporate leadership has emphasized the development of a vertically integrated graphite business capable of supplying both industrial and battery markets. Public disclosures and investor materials consistently describe a strategy focused on long-term critical mineral demand, operational diversification, and downstream value-added processing.

Key executives and directors include:

• Hugues Jacquemin – Chief Executive Officer
• Gregory Bowes – Executive Chairman
• Cathy Hume – Chief Financial Officer
• Marc Dumont – Vice President, Project Development
• Steven Poulton – Director
• Arne H Frandsen – Director

Leadership communications in public filings and investor presentations have emphasized expanding production capacity, securing strategic partnerships, and building a sustainable non-Chinese graphite supply chain for electric vehicle and energy storage applications.