Northern Graphite Applauds U.S. Tariffs on Chinese Graphite AAM

Northern Graphite ( (TSE:NGC) ) has issued an update.

Northern Graphite has welcomed a preliminary decision by the U.S. Department of Commerce to impose tariffs of up to 721% on Chinese graphite active anode material (AAM). This decision is part of a broader investigation into whether China is subsidizing its graphite AAM production, with final determinations expected by December 2025. As the only current producer of natural graphite in North America, Northern Graphite is well-positioned to benefit from this decision, which aims to create a more level playing field and boost local demand for graphite AAM. This move could significantly impact the graphite industry by encouraging the establishment of independent supply chains in North America.

Spark’s Take on TSE:NGC Stock

According to Spark, TipRanks’ AI Analyst, TSE:NGC is a Neutral.

Northern Graphite’s overall stock score is driven by significant financial challenges, including high leverage and ongoing losses. While technical indicators suggest some upward momentum, the stock’s unattractive valuation and financial instability weigh heavily on its prospects.

To see Spark’s full report on TSE:NGC stock, click here.

More about Northern Graphite

Northern Graphite is a Canadian company listed on the TSX Venture Exchange, specializing in the production of natural graphite and its transformation into high-value products essential for the green economy. The company operates the Lac des Iles mine in Quebec and owns several other graphite projects, including the Bissett Creek project in Ontario and the Okanjande mine in Namibia. Northern Graphite is focused on becoming a leader in producing anode material for lithium-ion batteries, fuel cells, and advanced industrial technologies.

Average Trading Volume: 65,926

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$12.45M

For an in-depth examination of NGC stock, go to TipRanks’ Stock Analysis page.