Northern Graphite Receives Letter of Support from Port of Rotterdam for Baie-Comeau Battery Anode Material Facility
Northern Graphite Receives Letter of Support
from Port of Rotterdam for Baie-Comeau
Battery Anode Material Facility
Ottawa, Ontario--(Newsfile Corp. - April 23, 2025) -
Northern Graphite Corporation
(TSXV: NGC)
(OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG)
(
"Northern" or the "Company"
) is pleased to
announce that it has received a letter of support from the Port of Rotterdam, Europe's largest port and a
strategic hub for critical raw materials, for a planned Battery Anode Material (
"BAM"
) facility in Baie-
Comeau, Quebec.
The Port of Rotterdam is a central player in the Netherlands' Critical Raw Materials
("CRM")
program
and is preparing its industrial zones to receive, store, process, and distribute battery-related materials. It
has identified Northern's BAM plans in Baie-Comeau as a potential anchor development in a new
transatlantic graphite supply chain that aligns with an agreement between the Dutch and Quebec
governments to cooperate on critical raw materials.
"Northern's project will make significant strides in advancing not only the critical minerals sector in
Canada (Ontario and Québec) but also the country's ambitions for becoming a major supplier of
batteries for the EV and other industries," the Port of Rotterdam said in its letter. "We look forward to the
successful realization of the project's objectives and the broader impact it will have on Canada's and
Europe's journeys towards a sustainable and resilient future."
Northern is considering two alternative sites for its Baie-Comeau BAM plant, a 300-acre greenfield site
owned by the city and a brownfield site with established infrastructure at a former paper mill that is being
developed by The BMI Group as the Norderra multimodal industrial hub. As well as the Port of
Rotterdam, Northern's plan to build a BAM processing facility in the Industrial Port Zone has the support
of local authorities, including the Port of Baie-Comeau.
The Port of Rotterdam is already working closely with the Port and City of Baie-Comeau to help prepare
infrastructure, while Northern continues to seek a power allotment in Quebec and to secure funding
commitments for the project's feasibility phase.
"We are excited to have the support of the Port of Rotterdam as we pursue our vision to supply the global
battery market with clean, responsibly sourced graphite," said Northern Chief Executive Officer Hugues
Jacquemin. "The port is a natural partner given its leadership role in the EU's critical raw materials
strategy and its longstanding relationship with Baie-Comeau and the Province of Quebec."
Once built, Northern's planned Baie-Comeau BAM facility would make it one of the first large-scale
facilities outside of Asia to deliver graphite anode material to both North American and European EV
markets before 2030. The Company plans to source feedstock from its LDI mine in Quebec and
development projects in Namibia and Ontario and ship finished product to North American and
European automotive manufacturers, with Rotterdam positioned as the main point of entry.
Supplying European BAM
This latest endorsement follows Northern's recent success in Europe, where its proposal to construct a
BAM plant in France was selected as one of 47 Strategic Projects under the European Union's Critical
Raw Materials Act. That facility will process graphite from the Company's Okanjande mine in Namibia. It
also follows closely on the heels of becoming a member of the European Advanced Carbon and
Graphite Materials Association
("ECGA")
. Membership will allow Northern Graphite to contribute
directly to the advancement of Europe's energy transition and to work alongside key stakeholders in the
battery and clean technology value chain. ECGA membership also complements the Company's work
with the North American Graphite Alliance (
"NAGA"
), which represents North American and Canadian
producers of natural and synthetic battery-grade graphite.
About Northern Graphite
Northern, the only flake graphite producing company in North America, is a Canadian, TSX Venture
Exchange listed company that is focused on becoming a world leader in producing natural graphite and
upgrading it into high-value products critical to the green economy, including anode material for lithium-
ion batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies. The Company's
mine-to-battery strategy is spearheaded by its Battery Materials Division, which has a fully equipped,
state-of-the-art laboratory in Frankfurt and is focused on developing advanced anode materials to
improve the cycle life and increase the charging rate of lithium ion batteries and on marketing
Northern's
patented Porocarb® product.
Northern's graphite assets include the producing Lac des Iles mine in Quebec where the Company plans
to increase production to meet growing demand from industrial customers and coming demand from
North American battery makers. The Company also owns the large-scale, advanced stage Bissett Creek
project in Ontario, the Mousseau Project in Quebec and the fully permitted Okanjande graphite mine in
Namibia that is currently on care and maintenance. All projects have "battery quality" graphite and are
located close to infrastructure in politically stable jurisdictions.
For media inquiries contact
Pav Jordan, VP of Communications
Email:
For additional information
Please visit the Company's website at
https://www.northerngraphite.com/home/
, the Company's profile
on
www.sedarplus.ca
our
Social Channels
listed below or contact the Company at (613) 271-2124.
YouTube
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain "forward-looking statements" within the meaning of applicable
Canadian securities laws. Forward-looking statements and information are frequently characterized by
words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential",
"possible" and other similar words, or statements that certain events or conditions "may", "will",
"could", or "should" occur. Forward-looking statements in this news release include statements
regarding, among others, the Company's proposal to produce and sell BAM and development plans
with respect to the LDI, Okanjande and Bissett Creek projects. All such forward-looking statements are
based on assumptions and analyses made by management based on their experience and
perception of historical trends, current conditions and expected future developments, as well as other
factors they believe are appropriate in the circumstances. However, these statements are subject to a
variety of risks and uncertainties and other factors that could cause actual events or results to differ
materially from those projected including, but not limited to, unexpected changes in laws, rules or
regulations, or their enforcement by applicable authorities; the failure of other parties to perform as
agreed; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of
infrastructure and the failure of ongoing and contemplated studies to deliver anticipated results or
results that would justify and support continued studies, development or operations and the inability to
raise required financing. Readers are cautioned not to place undue reliance on forward-looking
information or statements.
Although the forward-looking statements contained in this news release are based on what
management believes are reasonable assumptions, the Company cannot assure investors that
actual results will be consistent with them. These forward-looking statements are made as of the date
of this news release and are expressly qualified in their entirety by this cautionary statement. Subject
to applicable securities laws, the Company does not assume any obligation to update or revise the
forward-looking statements contained herein to reflect events or circumstances occurring after the
date of this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
news release.
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