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Update on top critical mining projects in Ontario – by Diane L.M. Cook (Canadian Mining Journal – March 5, 2025)

https://www.canadianminingjournal.com/

The surging demand for electric vehicles (EVs) is breathing new life into Ontario’s mining industry. Several critical strategic mineral mines will produce the minerals required to manufacture EV batteries and renewable energy storage for the North American market. The following are the top critical strategic minerals’ (CSM) mining projects in the development phase:

Canada Nickel: Crawford nickel sulphide project

Canada Nickel is a Toronto-based company that is advancing the next generation of net-zero carbon nickel-cobalt projects with plans to supply the critical mineral to Canada’s EV battery industry. The company’s Crawford nickel sulphide project is the second largest nickel resource and reserve globally, with 3.8 million tonnes of proven and probable nickel contained.

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‘Far too dependent on China’: trade tensions still hot as graphite producers request tariffs – by Gabriel Friedman (Financial Post – October 15, 2024)

https://financialpost.com/

The trade group said it faces a “pivotal” moment before demand exponentially increases

The North American Graphite Alliance on Thursday called on Canada to enact 25 per cent tariffs on six Chinese products used to make batteries, further amplifying trade tensions around the electric vehicle supply chain.

Graphite is used in lithium-ion battery anodes, and Canada produced around one per cent of the global total in 2022. The trade group said it faces a “pivotal” moment before demand exponentially increases from the EV transition and that it needs protection from China.

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Hearst-area graphite deposit holder gets excited about mining – by Ian Ross (Northern Ontario Business – July 17, 2024)

https://www.northernontariobusiness.com/

Zentek produces ultra-high 99.9 per cent result from new purification process

A new refining process has reinvigorated Zentek’s interest in mining and processing graphite at its Albany project in the Hearst area. The Guelph technology company said it’s produced an ultra-high purified result of 99.99915 per cent that was taken from a sample extracted from the Northern Ontario graphite deposit, near Constance Lake First Nation.

Zentek reported July 17 that the “five nines” purity material was achieved from a specialized graphite purification process using a 100-gram sample taken from Albany and used during pilot plant trials back in 2017.

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Quebec town leaders, residents unite to decide fate of mine with ties to Pentagon – by Joe Bongiorno (Canadian Press/Montreal Gazette – July 13, 2024)

https://montrealgazette.com/

“We don’t want to have a gigantic open pit mine in the middle of all those lakes and all those people living around them.”

Five Quebec municipalities located by a proposed site for a graphite mine with ties to the Pentagon have created an alliance to accelerate public consultations on the project and pressure the provincial government to listen to what locals have to say.

When Lomiko Metals Inc., a mining company based in Surrey, B.C., announced plans for a mine in the Laurentians to produce graphite — one of the world’s most sought after critical minerals needed for manufacturing electric vehicle batteries — some residents living nearby began protesting against the project, fearing the potential harm to the environment.

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Quebec residents against graphite mine fear powering Pentagon, environmental ruin – by Joe Bongiorno (CBC News Montreal/Canadian Press – June 9, 2024)

https://www.cbc.ca/news/canada/montreal/

Mining company Lomiko Metals Inc. plans to begin construction in Laurentians by 2027

In Quebec’s Laurentians region, a few kilometres from a wildlife reserve and just outside the town of Duhamel, lies a source of one of the world’s most sought after minerals for manufacturing electric vehicle batteries: graphite.

Since Lomiko Metals Inc., a mining company based in Surrey, B.C., announced plans to build a graphite mine in the area, some residents living nearby have protested the project, fearing the potential harm to the environment.

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Graphite miners lobby US govt to impose levy on China-sourced EV material – by Divya Rajagopal (Reuters – April 30, 2024)

https://www.reuters.com/

TORONTO, April 30 (Reuters) – North American graphite miners are lobbying the US government to impose a 25% tariff on three graphite products sourced from China in order to counter Beijing’s monopoly on a key material used in automobile batteries.

If successful, the move will pit the miners against their main customers- the original equipment manufacturers (OEMs) and add to tensions with China, which controls the majority of the critical metals used in the world’s electric vehicles and other motors. The U.S. government is set to decide in May whether to bring graphite into the list of minerals that attract the higher Section 301 tariff.

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GM, Panasonic strike deals to buy EV battery materials from Quebec’s Nouveau Monde – by Nicolas Van Praet (Globe and Mail – February 16, 2024)

https://www.theglobeandmail.com/

U.S. automaker General Motors Co. and Japan’s Panasonic Holdings Corp. will buy electric-vehicle battery materials from Nouveau Monde Graphite Inc. and invest in the company, buoying the Quebec miner’s bid to become a go-to critical mineral supplier for North America.

GM and Panasonic have each committed to purchasing 18,000 metric tonnes of graphite for battery anodes annually, beginning when Nouveau Monde’s planned mining and refining facilities enter production, the company said in news releases Thursday. The offtake agreements will run for six to seven years, and they represent about 85 per cent of Nouveau Monde’s planned commercial production, which it is aiming to begin in 2027.

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Canadian graphite miner NMG scores deals with GM, Panasonic – by Cecilia Jamasmie (Mining.com – February 15, 2024)

https://www.mining.com/

Nouveau Monde Graphite (TSX-V: NOU) (NYSE: NMG) inked on Thursday multi-year offtake agreements with General Motors (NYSE: GM) and Panasonic Holdings, with both companies also vowing to invest in the Canadian miner to help it produce high-quality graphite in North America.

GM and Panasonic have each committed to purchase 18,000 tonnes of natural graphite active anode material annually over a period of six to seven years, the Montreal-based miner said. They are also making equity investments of $25 million each in the company. The two firms and potential co-investors could join future rounds of financing worth hundreds of millions of dollars, Nouveau Monde Graphite (NGM) said in a statement.

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Crumbling graphite price puts Hearst-area mine development on hold – by Ian Ross (Northern Ontario Business – November 21, 2023)

https://www.northernontariobusiness.com/

Zentek delays stock market listing, exploring partnerships while waiting for markets to improve

Last spring’s “soaring demand” for graphite has apparently crash-landed to earth. The optimism expressed last May by Zentek, a Guelph-based graphene technology, to develop its graphite deposit near Hearst has dramatically waned as the market for graphite and battery metals “has deteriorated significantly.”

In a news release, Zentek management said its plans to bring its highly pure Albany graphite deposit, near Constance Lake First Nation, into future production, are on hold. In May, Zentek transferred its Albany deposit to a new subsidiary, Albany Graphite Corp., with big plans to raise project financing for a potential mine through a non-brokered private placement and to get the company listed on a Canadian stock exchange.

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China’s controls on graphite exports “a loud wakeup call” for the US, says Graphex CEO – by Amanda Stutt (Mining.com – November 16, 2023)

https://www.mining.com/

China announced last month it will require export permits for some graphite products in another bid to control critical mineral supply in response to challenges over its global manufacturing dominance.

China is the world’s top graphite producer and exporter. It also refines more than 90% of the world’s graphite into the material that is used in virtually all EV battery anodes. Benchmark Mineral Intelligence sees demand for graphite over the next decade growing at an annual compound rate of 10.5% but supply will lag, it says, expanding at only 5.7% per year.

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Battery Makers Hunt for Graphite Before China Controls Kick In – by Annie Lee and Heejin Kim (Bloomberg News – October 25, 2023)

https://www.bnnbloomberg.ca/

(Bloomberg) — South Korean companies are rushing to buy more graphite from China before export controls on electric vehicle battery ingredient take effect in December.

LG Energy Solution Ltd. said on an earnings call on Wednesday that it will try and buy more graphite as soon as possible prior to the measures kicking in. Posco Future M Co., a battery-electrode maker, is also making efforts to maintain “the proper levels of stockpiles” before the Dec. 1 deadline, it said in an emailed response to questions.

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U.S. Department of Defense funds Canadian graphite miner to build project in Alaska – by Naimul Karim (Financial Post – July 18, 2023)

https://financialpost.com/

Miner is first to receive such a grant

The United States Department of Defense has awarded a subsidiary of Vancouver-based junior miner Graphite One Inc. a grant of $37.5 million to develop a mining project in Alaska, with the aim of lessening America’s dependence on China for metals needed to transition away from fossil fuels.

While a number of Canadian miners have applied to the Department of Defense (DOD) for funding, Graphite One, through its subsidiary in the U.S., is the first to receive such a grant, the company’s chief executive Anthony Huston said. It’s also the first graphite miner to receive a fund from the department, he added.

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Ottawa Valley graphite developer spies Quebec for processing plant – by Staff (Northern Ontario Business – July 17, 2023)

https://www.northernontariobusiness.com/

Northern Graphite signs land deal for Baie Comeau port property

An Ottawa-based graphite company, with a deposit between North Bay and Ottawa, is purchasing land on the St. Lawrence River to build a battery anode manufacturing plant. Northern Graphite, which holds with Bissett Creek deposit located off Highway 17, signed a letter of intent with the city of Baie Comeau, Que. to purchase a 300-acre brownfield property for US$1.2 million.

Subject to securing financing and government approvals, the company wants to build a hub processing capable of processing 200,000 tonnes a year for its three graphite properties in Ontario, Quebec and Namibia. The intent is to supply anode material to lithium-ion battery manufacturing plants throughout North America.

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Appian seeks location for Brazil graphite processing, ‘supercycle’ continues: CEO – by Diana Kinch (SP Global – June 14, 2023)

https://www.spglobal.com/

UK-based private equity company Appian Capital Advisory is seeking a downstream location to process material produced at the graphite project it is developing in Brazil, as demand for the commodity grows apace, CEO Michael Scherb said in an interview.

Graphcoa, with various graphite deposits in Brazil, is moving into pilot production this year and should be in full production in two years, producing for the electric-vehicle batteries industry, Scherb said this week.

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Canada is sitting on a critical minerals mother lode. But is it ready for the new gold rush? – by Christian Paas-Lang (CBC News Politics – April 8,2023)

https://www.cbc.ca/news/politics/

Proponents say Canada must do more to turn aspiration into action

Drive two hours north of Ottawa, put on a hard hat and bright orange vest, descend into a pit — and you find yourself on the frontline in the fight to be part of the new, green economy.

A mining project might not be what comes to mind when you think of the transition to a lower emissions economy. But embedded in electric vehicles, solar panels and hydrogen fuel storage are metals and minerals that come from mines like the one in Lac-des-Îles, Que.

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