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30 Jun

Northern Graphite to build $500m BAM plant in Quebec

Northern Graphite says it has signed a letter of intent with the city of Baie-Comeau to purchase land to build a battery anode material (BAM) plant in Quebec, Kallanish reports. The LOI gives Northern Graphite the right to purchase 1.2 million cubic metres of property or about 300 acres for $1.2 million. The LOI is subject to financing and regulatory approvals. The company is advancing plans to supply anode material to lithium-ion battery manufacturing plants thro…
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