The company’s primary goal is to provide carbon-neutral and eco-friendly graphite.
Gratomic Inc., based in Toronto, Canada, is an exploration and mining company that aims to do low-cost mining for graphite. With some volatility mixed in, NextSource may also be a good option for day traders.īest Graphite Mining Stocks 3. Reports stated that teams started working in preparation for its processing plant.Īlthough still in the penny stock range, shares have risen over 300% in the last year alone.
#MONIT GRAPHITE UPDATE#
The company has been bullish since announcing an update regarding its Molo Graphite Mine in Madagascar. NextSource also plans to mine from a unique vanadium deposit to be used in vanadium batteries. This kind of graphite has been tested and made ready for end-users for applications in steel production, lithium-ion battery manufacturing, and foil graphite. Graphite produced through its Molo facility was registered as a trademark under the name Molo Superfans®. Through rapid mine development, it aims to be a first-mover miner in the graphite sector.Īs part of its mining facilities, NextSource Materials Inc. The company acquires, explores, and develops different mineral properties. is a mine development company based in Toronto, Canada. There’s no revenue on the table yet, but now may be a good opportunity to invest in what’s to come.
The Lac Guéret Graphite Project promises millions of tonnes of graphite, according to Mason’s initial feasibility report. Another big piece of news from NMG is its partnership agreement with Mason Graphite, another large graphite firm in North America.Īccording to its announcement, these two companies will combine and leverage their resources to expedite their production in Quebec.
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