Northern Graphite (TSE:NGC) has released an update.
Northern Graphite Corporation has responded positively to the Biden Administration’s new regulations requiring auto and battery makers to demonstrate progress towards establishing a North American graphite supply chain by January 2027. The company, a key player in natural graphite production, supports the temporary two-year allowance for sourcing graphite from China while North American suppliers ramp up operations. As the only flake graphite producer in North America, Northern Graphite is actively working with OEMs to secure supply agreements that support the domestic electric vehicle industry.
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