Northern Graphite (TSXV: NGC; OTCQB: NGPHF) this week launched the NGC Battery Materials Group to advance its mine-to-battery strategy, which will make Northern one of the few integrated natural graphite developers, producers and One of the processors.
“This is a crucial step for Northern,” said CEO Hugues Jacquemin. “What sets this team apart is their deep expertise. With a fully equipped analytical and battery testing laboratory, access to existing customers in the battery market, and the ability to expand processes involving high heat and carbon materials, Northern is able to accelerate its vision execution.”
The NGC Battery Materials Group was formed through the acquisition of the assets and R&D team of the battery division of the German Heraeus Group, including a fully functional, technologically advanced laboratory in Frankfurt. Northern also licenses intellectual property from Heraeus to develop, produce and market Porocarb, a high-performance porous hard carbon material developed and patented by Heraeus over the past 10 years for energy enhancement Efficiency and speed of storage mechanisms.
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The group, run by Northern, raises money by selling excess capacity to partners and other materials developers. Northern pays Heraeus a 2% royalty on all Porocarb product sales.
The NGC Battery Materials Group will focus on advanced materials analysis and electrochemical characterization techniques for carbon and battery materials, providing extensive expertise in high-temperature processing, scaling and carbon design. This will enable Northern to provide EV battery manufacturers and OEMs with tailor-made solutions to meet their diverse and individual battery needs.
NGC Battery Materials Group will lead the development of a modular battery anode material factory with an annual output of 200,000 tons in Baie-Comeau, Quebec. Construction is scheduled to begin in 2026, subject to financing.