Aug. 20 at 9:39 AM
$GELEF Northern Graphite’s Critical Supply Situation – Investor Relevance
Northern’s critical supply risk is not just a warning—it’s the setup for Graphano’s potential breakthrough in the North American graphite market.
Only North American Producer
Northern Graphite’s Lac-des-Iles (LDI) mine is currently the sole producing graphite mine in North America, making it strategically indispensable.
Ore Depletion Crisis
The existing pit and stockpiles at LDI will be depleted by Q4 2025. Without expansion, operations will halt, creating a significant supply gap.
Funding Challenge
Northern requires ~C
$10M (US
$7.2M) to expand the pit and prolong mine life. CEO Hugues Jacquemin has publicly stated that without financing, LDI will likely be placed on care-and-maintenance by year-end 2025.
Risk of Closure
If LDI shuts down, North America will lose its only domestic graphite supply, leaving the region 100% dependent on imports at a time of rising demand for EVs and battery storage.
