Northern Graphite Announces Graphite Price Increase, Mill Restart
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Northern Graphite Corporation has announced a significant increase in graphite prices for 2025 due to rising production costs and inflation. The company has also completed maintenance at its Lac des Iles facility, which will restart operations on January 13, 2025.
January 07, 2025 | 1:15 pm
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Northern Graphite Corporation has successfully negotiated higher graphite prices for 2025, indicating strong demand and rising production costs. The Lac des Iles facility will resume operations on January 13, 2025, after maintenance.
The announcement of higher graphite prices suggests increased revenue potential for Northern Graphite, positively impacting its stock. The restart of the Lac des Iles facility indicates operational stability and capacity to meet demand.
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