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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

Green Car Congress

Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner. Sprott invested CDN$3.75

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Shell starts production at Vito in US Gulf of Mexico; new, simplified design

Green Car Congress

Shell announced a final investment decision (FID) on the Vito project in April 2018. In addition to operations in Brazil and the US Gulf of Mexico, Shell’s deep-water portfolio includes the Argentina Shales organization and frontier exploration opportunities in Mexico, Suriname, Sao Tome & Principe, Argentina and Namibia.

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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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Despite some fallback during the winter months, prices remained above US$15,600/t through February and March 2018. Outokumpu reported in its interim report for Q1 2018 that high graphite electrode costs were still having a negative impact on steelmaking profits in Europe. Batteries underpin growth in natural graphite.

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