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Graphite Miners News For The Month Of November 2025
Nov. 26, 2025 9:57 AM ETSYAAF, SRHYY, CYLYF, NGPHF, NSRCF, LEMIF, STSBF, TLGRF, WWR, NMG, BSSMF, CBULF, FLCNF, ECGFF, SVMLF, FCSMF, ZTEK, DMNKF, APMFF, ECORF, GPHOF, GBMIF, GEMSF, LMLAF, MNSEF, TORVF, IMYSF, IMYSY, EAF, SGLFF, NVX, FGPHF, NNXPF, VCT:CA, CYL:CA, ZEN:CA, ERA:CA, FCI:CA, STS:CA, NVNXF, FLCN:CA, NOU:CA, FMS:CA, NGC:CA, NEXT:CA, LEM:CA, GRAT:CA, GRA:CA, GPH:CA, GPH.WT:CA

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China battery related flake graphite spot prices were flat for the past month.
Graphite market news - Canada has designated select minerals including graphite, scandium, and rare earths, as national security priorities. China agrees to roll back graphite export restrictions on USA.
Graphite company news - MRC enters into an agreement for the sale of Skaland to LNS Holding AS. Northern Graphite Lac des Iles Mine and Mill temporarily placed on C&M.
Stellantis unexpectedly terminated its Binding Offtake Agreement with Westwater Resources. NMG finalizes multiple Offtake Agreements for its Phase-2 Graphite production.
EcoGraf Epanko expansion supports EcoGraf HFfree® downstream facilities, staged expansion to 390,000 tpa flake graphite.
Black Friday Sale 2025: Get 20% Off
Piece of natural graphite ore, amongst batteries, black background. Mine, mining of critical minerals. Used as anode material in lithium-ion batteries, and other battery technologies



Welcome to the November edition of the graphite miners news.

The past month saw China battery related flake graphite spot prices generally unchanged (flat).

Graphite price news
During the past 30 days the China graphite flake-194 EXW spot price was flat. The China graphite flake +195 EXW spot price was flat. Note that 94-97% is considered best suited for use in batteries; it is then upgraded to 99.9% purity to make “spherical” graphite used in Li-ion batteries. The spherical graphite 99.95% min EXW China price was flat the past 30 days. Note: Graphite electrode prices were slightly lower.

Note: SMM lists the current flake-194 graphite spot price at US$365/t including VAT, flat from US$365 last month.

Graphite demand and supply forecast charts
The IEA Global critical Minerals Outlook 2024 report forecasts graphite demand and supply pipeline to 2040 (source)

The IEA Global critical Minerals Outlook 2024 report forecasts graphite demand and supply pipeline to 2040
IEA

Trend Investing v IEA demand forecast for EV metals (Trend Investing) (IEA)

Trend Investing v IEA demand forecast for EV metals
Trend Investing & the IEA

2021 IEA forecast growth in demand for selected minerals from clean energy technologies by scenario, 2040 relative to 2020 - Increases Of Lithium 13x to 42x, Graphite 8x to 25x, Cobalt 6x to 21x, Nickel 7x to 19x, Manganese 3x to 8x, Rare Earths 3x to 7x, And Copper 2x to 3x

2021 IEA forecast for clean energy metals
IEA

Graphite market news
On November 5 Fastmarkets announced:

Canada cites Defence Production Act for critical minerals...Canada has officially designated select minerals - including graphite, scandium, and rare earths - as national security priorities under the country's Defence Production Act, providing guaranteed buyers for some domestic producers and signalling a move closer to government-backed price floors...C$6.4 billion investment in 26 mining projects: Funding supports extraction, processing and battery technology, with offtake deals for graphite, scandium, and rare earths... This includes offtake agreements with Rio Tinto at its scandium plant in Sorel-Tracy in Quebec and with Northern Graphite at its Lac des Iles graphite project near Montreal, Quebec. There’s also investment in rare earths and nickel and lithium-ion battery technology, as well as recycling.

On November 21 Discovery Alert reported:

Ontario’s strategic $2.3B synthetic graphite investment breakthrough...Vianode AS announced a C$3.2 billion investment to establish North America's first large-scale synthetic graphite manufacturing facility in St. Thomas, Ontario. The facility targets annual production capacity of 150,000 tonnes, sufficient to supply approximately 2 million electric vehicles annually at full operational capacity expected by 2030.

In November Fastmarkets reported:

Graphite: US-China trade relations impact graphite markets amid weak fundamentals...Graphite flake markets stagnate amid weak supply and demand in China. The agreement between the US and China to roll back planned export restrictions on markets such as graphite is set to provide a stable picture for the next year. However, for graphite, it leaves many existing trade barriers in place which should solidify shifts in how China and the US are finding alternatives to each other in their natural and synthetic supply chains.

Graphite miners news
Graphite producers

We have not covered the following Chinese graphite producers but they should also be considered (Ningbo Shanshan Co Ltd (Shanshan Technology) [SHA:600884], BTR New Energy Materials [BJSE:835185], Jiangxi Zichen (private), Kaijin New Energy Technology Corp Ltd (private), Shijiazhuang Shangtai Technology Co. Ltd. [SHE:001301], and Zhongke [SHE:300035]).

Syrah Resources Limited [ASX:SYR][GR:3S7](OTCPK:SYAAF)(OTC:SRHYY)

Syrah Resources Limited owns the Balama graphite mine in Mozambique. Syrah is also a vertically integrated producer of natural graphite Active Anode Material (“AAM”) at their Vidalia facility, Louisiana, USA.

On November 17 Syrah Resources announced:

Tesla offtake alleged default cure date extended...the parties have extended the Cure Date to 16 January 2026 and are closely collaborating to cure the alleged default. Tesla may terminate the Offtake Agreement if final qualification of Vidalia AAM is not achieved by 9 February 2026.

On November 17 Syrah Resources announced:


DFC loan US$8.5m disbursement and interest deferral. Highlights.

Syrah to receive US$8.5 million disbursement from its US International Development Finance Corporation (“DFC”) loan and a further deferral on interest payments to May 2026.
Syrah to issue DFC warrants that are exercisable into Syrah ordinary shares for up to ~1% shareholding.
Ceylon Graphite [TSXV:CYL] [GR:CCY] (OTC:CYLYF)

Ceylon Graphite has 'Vein graphite' production out of one mine in Sri Lanka with 121 square kilometers of tenements.

No news for the month.

Mineral Commodities Ltd. ("MRC") [ASX:MRC]

MRC owns 51% of the Munglinup Graphite Project in Western Australia. MRC has entered into a Share purchase agreement for the sale of Skaland Graphite AS to Norge Mineraler Holding AS. Sale update here.

On October 31 MRC announced: "Quarterly Activities Report – September 2025...Skaland...Saleable production 1,551 tonnes."

On November 3 MRC announced: "Norge Mineraler fails to complete the sale of the Skaland Graphite Project. This announcement does not lift the Company’s existing voluntary suspension."

On November 5 MRC announced:

Update on the sale of the Skaland Graphite Project...Termination of Norge Mineraler SPA. As a result of the failure to complete the Transaction by the required time, MRCGN and Skaland have terminated the SPA...Subsequent to termination of the SPA, MRCGN has entered into a term sheet (“Term Sheet”) with LNS Holding. As for the sale of Skaland to LNS Holding AS (“Proposed Transaction”). The key terms of the Term Sheet are: the purchase price for Skaland is USD11,500,000...The LNS Group is one of Norway’s leading players in civil engineering, tunnel construction, mining, and specialised projects, with operations both nationally and internationally...

Tirupati Graphite [LSE:TGR]

On November 4 Tirupati Graphite announced:

Offtake progress...The Board is pleased to advise it has been notified that the Group's Madagascar flake graphite from its Vatomina mine has successfully passed significant qualification test-work and is now entering a final stage with a leading international supplier of anode materials. Discussions with a leading end-user will now advance onto commercial term deliberations following the level of qualification success achieved. The Company remains engaged with multiple potential offtakers for formalising additional offtake arrangements from its current and future projects.

Northern Graphite [TSXV:NGC][FRA:ONG] (OTCQX:NGPHF)

Northern Graphite purchased from Imerys the Lac des Iles producing graphite mine in Quebec and the Okanjande graphite deposit/Okorusu processing plant in Namibia. They also own the Bissett Creek graphite project located 100km east of North Bay, Ontario, Canada and close to major roads and infrastructure. The Company has completed an NI 43-101 Bankable final Feasibility Study and received its major environmental permit.

On November 3 Northern Graphite announced:

Northern Graphite and Rain Carbon announce R&D Grant to develop sustainable battery anode materials...The 24-month project will have a total cost of $2.2 million.

On November 20 Northern Graphite announced:


Northern Graphite signs Letter of Intent with Italy’s Alkeemia to secure access to cleaner graphite purification technology independent of China.

Northern to take 50% capacity offtake (100 tonnes/year) at Alkeemia’s Graphite Purification Pilot Plant in Porto Marghera, Italy.
Process targets 99.96% graphite for Li-Ion batteries that is also more efficient and with a lower carbon footprint than competing technologies in China.
New technology could be deployed in Northern’s Planned Canada and France Battery Anode Material [BAM] facilities...
On November 20 Northern Graphite announced:

Northern Graphite provides update on Lac des Iles Mine Development Plans. Mine and mill temporarily placed on care and maintenance to prepare for 2026 pit expansion.

NextSource Materials Inc. [TSX:NEXT] [GR:1JW] (OTCQB:NSRCF)

NextSource Materials Inc. 100% owns the Molo Graphite Mine in Madagascar. The Company also has the Green Giant Vanadium Project on the same property.

On October 29 NextSource Materials announced:

Upsizing of Funding Facility from Vision Blue Resources to advance UAE Anode Facility Development...has agreed to an extension to its drawdown credit facility (the “Facility”) of up to a further US$10 million with Vision Blue Resources Limited (“Vision Blue”). The Company is in active discussions with debt and equity investors that have expressed interest in funding its battery anode facility in the United Arab Emirates (“UAE BAF”). The funding from Vision Blue allows the Company to progress its strategic partner process, advance the UAE BAF towards a final investment decision, and support the continued operation of the Molo mine and the development of its expansion opportunities.

Leading Edge Materials [TSXV:LEM] (OTCQB:LEMIF)

Leading Edge Materials Corp. is a Canadian company focused on becoming a sustainable supplier of a range of critical materials. Leading Edge Materials’ flagship asset is the Woxna Graphite Project and processing plant in central Sweden. The company also owns the Norra Karr REE project, and the 51% of the Bihor Sud Nickel-Cobalt exploration stage project in Romania.

No news for the month.

Evion Group NL [ASX:EVG]

On October 31 Evion Group announced:


Quarterly Report for the quarter ended 30 September 2025.

Evion representatives participated in an official ceremony at Maniry, recognising local support for the Maniry Project’s ongoing development.
A comprehensive grant proposal was submitted to the European Union, targeting funding for early-stage development and workforce training at Maniry.
Evion received the first tranche of EU grant funding to commence staff training in Madagascar.
Discussions held with European EV manufacturers relating to a future supply of concentrate to battery manufacturers in Europe.
The first shipments from Panthera Graphite (“JV”) to the USA successfully establishing a reliable supply chain from India to the United States.
Completed a series of product tests for new buyers in Asia, yielding positive results and securing an initial order from a market that has historically sourced graphite from regional suppliers.
South Star Battery Metals [TSXV:STS] (OTCQB:STSBF) ("South Star")

South Star Battery Metals' Santa Cruz Graphite Mine is in Bahia Brazil. The Company also owns the BamaStar Project in Coosa County, Alabama, USA.

On November 7 Southern Star announced: "Upsize of Non-Brokered Private Placement...from C$6,255,000 to up to C$6,672,000 (US$4,800,000)."

Graphite developers

Renascor Resources [ASX:RNU]

Renascor Resources Ltd. is an Australian exploration company, which focuses on the discovery and development of economically viable deposits containing uranium, gold, copper, and associated minerals. Its projects include graphite, copper, precious metals, and uranium.

On November 7 Renascor Resources announced: "Exploration Update. Drilling clearances and approvals received for Bulloo Creek, with continued progress at Tumby Bay and Marree prospects."

On November 25 Renascor Resources announced: "2025 Annual General Meeting – Chairman’s Address."

On November 25 Renascor Resources announced:

PSG Demonstration Facility Update. Further construction and commissioning milestones achieved; on schedule for commencement of on-site commissioning this quarter...of its Australian Government co-funded Purified Spherical Graphite (PSG) demonstration facility in Adelaide, South Australia.

Talga Group [ASX:TLG] [GR:TGX] (OTCPK:TLGRF)

Talga Group is a technology minerals company enabling stronger, lighter and more functional materials for the multi-billion dollar global coatings, battery, construction and carbon composites markets using graphene and graphite. Talga 100% owned graphite deposits are in Sweden and they have a proprietary process test facility in Germany. Talga plan to build the Luleå battery anode refinery in Sweden as part of their integrated mine-to-anode Vittangi Anode Project.

On November 19 Talga Group announced: "Talga receives land allocation approval for graphite mine in Sweden."

On November 20 Talga Group announced:

Talga receives A$13.3m Industriklivet grant funds...It follows the successful application by the Company to fund a project called “Sustainable, low emission active anode material made from natural graphite and recycled graphite" which has a total value of SEK 190 million (A$30.8m).

On November 20 Talga Group announced: "AGM Chair Address."

Westwater Resources (WWR)

Westwater Resources Inc. is developing the Kellyton Graphite Plant in Alabama, USA. They also own the Coosa Graphite Deposit in Alabama. Details here.

On November 7 Westwater Resources announced:

Strategic update. On November 3, 2025, FCA US LLC (“FCA”), which is a subsidiary of Stellantis N.V. (“Stellantis”), unexpectedly terminated its Binding Offtake Agreement with the Company dated July 17, 2024. Stellantis was one of three companies, including SK On and Hiller Carbon, with existing offtake agreements with Westwater. “Collectively, our offtake agreements with Stellantis, SK On, and Hiller Carbon supported our ongoing debt syndication,” said Terence Cryan, Executive Chairman of Westwater Resources. “However, due to Stellantis’s unexpected termination, the debt syndication is now paused, although our engagement with EXIM and other government agencies regarding financing opportunities is ongoing. In response to these developments, we are focused on optimizing the Kellyton Plant to meet our current offtake commitments, which should reduce the total capital needed to complete Phase I.”

Black Rock Mining [ASX:BKT]

No significant news for the month.

Nouveau Monde Graphite [TSX:NOU] (OTCQX:NMGRF) (NYSE:NMG) ("NMG")

Nouveau Monde Graphite ("NMG") own the Matawinie Graphite Project, located in the municipality of Saint-Michel-des-Saints and the Lac Guéret Project.

On October 31 NMG announced:


NMG finalizes multiple Offtake Agreements for its Phase-2 Graphite production demonstrating strong support from Canadian Government and customers.

Signature of binding supply and marketing term sheets with the Government of Canada providing for an aggregate 30,000 tpa of graphite concentrate to be placed with Canada and allied countries or entities for strategic applications, with a seven-year offtake term.
Revised binding offtake agreement with Panasonic Energy to fast-track the construction and launch of production of 13,000 tpa of active anode material via NMG’s Phase-2 integrated value chain.
Finalized updated commercial and marketing agreement with Traxys for 20,000 tpa of graphite concentrate for the refractory market, including a firm take-or-pay volume, to be executed subject to Traxys board approval.
Ongoing negotiations with an established anode manufacturer to secure up to 30,000 tpa of graphite concentrate...
On November 12 NMG announced:

Quarterly update on the advancement of its Phase-2 North American graphite production... Matawinie Mine project financing process progressing well with due diligence exercises nearing completion and long-form term sheet negotiations ongoing ahead of respective lenders’ credit committees...

On November 14 NMG announced: "NMG’s Matawinie Mine recognized as a “Major Project of National Interest” by the Government of Canada."

Greenwing Resources Limited [ASX:GW1] (OTCPK:BSSMF)

Greenwing has graphite projects (Graphmada & Andapa) and a lithium project (Millies Reward) in Madagascar as well as the San Jorge lithium Project in Argentina. Also the Que River polymetallic Project in Tasmania.

On October 31 Greenwing announced:

QUARTERLY REPORT. Period Ended 30 September 2025...the Company has commenced discussions with government agencies and potential strategic partners regarding pathways for investment and collaboration at Graphmada.

Triton Minerals [ASX:TON][GR:1TG]

Triton Minerals Ltd. engages in the acquisition, exploration and development of areas that are highly prospective for gold, graphite and other minerals. In July 2024 Triton divested 70%, retaining 30% of their Mozambique graphite assets (update here); MOU to acquire 80% of the Aucu Gold and Copper Project in Mozambique.

No news for the month.

Gratomic Inc. [TSXV:GRAT] [GR:CB82] (OTCPK:CBULF)

Gratomic’s Aukam Graphite Project is located in Namibia, Africa. Gratomic also 100% own the Capim Grosso Graphite Project in Brazil (legal dispute). Gratomic is also collaborating with Forge Nano to develop a second facility for graphite micronization and spheronization.

No news for the month.

Falcon Energy Materials plc [TSXV:FLCN] [GR:18Y] (OTCPK:FLCNF) ("Falcon")

Falcon Energy Materials (formerly SRG Mining) is focused on developing the Lola graphite deposit, which is located in the Republic of Guinea, West Africa. The Lola Graphite occurrence has a prospective surface outline of 3.22 km2 of continuous graphitic gneiss, one of the largest graphitic surface areas in the world. Falcon owns 100% of the Lola Graphite Project.

On November 13 Falcon announced:


Falcon confirms robust economics in Anode Plant Study with US$86 million initial CapEx and first production targeted for H2 2027; Offtake and testing advancing...for its natural graphite spheroidization, purification and coating plant (the “Anode Plant”) in the Kingdom of Morocco (“Morocco”)...

HIGHLIGHTS

Target annual production of 26,000 tonnes of CSPG and 19,000 tonnes of fines;
Initial capital costs, including contingency, estimated at US$86 million; and
Operating costs of US$3,168 per tonne of CSPG1.
EcoGraf Limited [ASX:EGR] [FSE:FMK] (OTCQB:ECGFF)

On October 31 EcoGraf announced:

Quarterly Activities Report...Expansion study nearing completion which supports the Company’s high-value downstream ‘multi-hub’ development strategy.

On November 12 EcoGraf announced:

Epanko expansion supports EcoGraf HFfree® downstream facilities. Staged expansion to 390,000 tpa to become Africa’s largest planned graphite producer...initial stage 1 production of 73,000 tpa1 via three stages to 130,000 tpa, 260,000 tpa and 390,000 tpa of natural flake graphite. Staged ramp-up to 390,000 tpa within 10 years...Strong financial metrics for a single and initial 25,000 tpa Purification Facility based on capital and operating costs for a US location...A comparable purification facility is planned for Europe, with Germany as the primary focus...Government grant funding discussions in EU and US, with positive feedback from EU and US Department of Defence white paper submission for US$76.3m award funding

Lomiko Metals Inc. [TSXV:LMR]

Lomiko has two projects in Canada - La Loutre graphite Project (flagship) (100% interest) and the Bourier lithium Project (70% earn in interest). They also have the Yellow Fox, Antimony, Silver, and Gold Property located in central Newfoundland.

On November 13 Lomiko announced:

Closing of Flow-Through Financing...the Company has issued 6,666,666 flow-through common shares (each an “FT Share”) at $0.12 per FT Share for gross proceeds of approximately $800,000.

Metals Australia [ASX:MLS]

On October 30 Metals Australia announced:

Quarterly Activities Report – to 30 September 2025...Mining and environmental work programs initiated for the Lac Carheil Graphite project prefeasibility study (PFS), representing the remaining work scopes required to complete the study.

NGX Limited (100% owned subsidiary of Sovereign Metals [ASX:SVM] [GR:SVM][LSE:SVML]) (OTCQX:SVMLF)

On October 31 NGX Limited announced:

September 2025 Quarterly Report...NGX acknowledges the recent Executive Order by President Peter Mutharika prohibiting the export of unprocessed raw minerals. This ban does not apply to the Malingunde Graphite Project, as all planned production will be processed in Malawi. The Company intends to produce a run-of-mine graphite concentrate that will be refined in-country to +96% Total Graphitic Carbon (TGC).

Sarytogan Graphite [ASX:SGA]

Sarytogan Graphite has an Indicated and Inferred Mineral Resource of 229Mt @ 28.9% TGC in Central Kazakhstan.

On November 11 Sarytogan Graphite announced:

Final batch of graphite drill results...All holes reported significant graphite mineralisation, for example, 50.2m @capitalD, including 29.2m @ 40.1% TGC from surface, ending in mineralisation.

On November 24 Satytogan Graphite announced:

Trading halt. The Company requests a trading halt pending release of an announcement regarding a capital raising.

Focus Graphite [TSXV:FMS][GR:FKC] (OTCQB:FCSMF)

On November 3 Focus Graphite announced:

Focus Graphite receives conditional funding of up to $14.1M to advance Canada’s first Electrothermal Fluidized Purification Demonstration Plant.

On November 21 Focus Graphite announced: "$3.5 Million bought deal LIFE offering of units."

International Graphite Limited [ASX:IG6] [FWB:H99]

No news for the month.

Albany Graphite Corp. (100% owned subsidiary of Zentek Ltd. [TSXV:ZEN] (ZTEK)

On November 5 Zentek announced:

Development of a new graphite gel-based fire-retardant product and an exclusive licence with Altek Advanced Materials Inc. for the US market.

Other graphite juniors
Armadale Capital [AIM:ACP], Beowulf Mining [LON:BEM], Castle Minerals [ASX:CDT], DNI Metals [CSE:DNI] (OTC:DMNKF), Eagle Graphite [TSXV:EGA] [GR:NJGP] (OTC:APMFF), Elcora Advanced Materials Corp. [TSXV:ERA] (OTCPK:ECORF), Electric Royalties [TSXV:ELEC], E-Power Resources [CSE:EPR], Evolution Energy Minerals [ASX:EV1] (EVMIF), Graphite One Resources Inc. [TSXV:GPH] [GR:2JC] (OTCQX:GPHOF), Green Battery Minerals Inc. [TSXV:GEM] (OTCQB:GBMIF), Infinity Stone Ventures [CSE:GEMS] (OTCPK:GEMSF), International Graphite [ASX:IG6], Kingsland Minerals [ASX:KNG], Lincoln Minerals [ASX:LML] (OTCPK:LMLAF), Lithium Energy Limited [ASX:LEL], Magnis Energy Technologies Ltd [ASX:MNS] (OTCPK:MNSEF), New Energy Metals Corp. [ASX:NXE], Volt Carbon Technologies [TSXV:VCT] (OTCQB:TORVF), Volt Resources [ASX:VRC] [GR:R8L], Reflex Advanced Materials Corp. [CSE:RFLX] (RFLXF), Walkabout Resources Ltd [ASX:WKT].

Spherical Graphite companies
Aoyu Graphite Group
Battery Minerals Ltd [ASX:BAT]
Graphex Group [HKG: 6128] (GRFX)
Imerys Graphite & Carbon [FR:NK](OTCPK:IMYSF) (OTCPK:IMYSY)
Jixi BTR graphite Industrial Park
Qingdao Black Dragon Graphite Group
Qingdao Yanxin Graphite Products Co.
Syrah Resources Limited [ASX:SYR] (OTCPK:SYAAF)
Yingkou Botian Material Technology Limited Comp
Synthetic Graphite companies
GrafTech International (EAF)
Resonac Holdings [TYO:4004)
BTR New Material Group [BJSE:835185]
Lianyungang Jinli Carbon
Shanshan Technology (SHA:600884)
SGL Carbon [ETR:SGL] (OTCPK:SGLFF)
Novonix Ltd [ASX:NVX](NVX)
Graphene companies
Archer Materials [ASX:AXE]
Black Swan Graphene Inc. [TSXV:SWAN]
Elcora Advanced Materials Corp. [TSXV:ERA](OTCPK:ECORF)
First Graphene [ASX:FGR] (OTCQB:FGPHF)
Graphene Manufacturing Group Ltd [TSXV:GMG]
NanoXplore Inc. [TSXV:GRA] (OTCQX:NNXPF)
Strategic Elements Ltd [ASX:SOR]
Zentek Ltd. [TSXV:ZEN] (ZTEK)
Conclusion
November saw China battery related flake graphite spot prices flat.

Highlights for the month were:

Canada has officially designated select minerals - including graphite, scandium, and rare earths - as national security priorities under the country's Defence Production Act. C$6.4 billion investment in 26 mining projects.
Vianode AS announced a C$3.2B investment to establish North America's first large-scale synthetic graphite manufacturing facility in Ontario.
Fastmarkets - The agreement between the US and China to roll back planned export restrictions on markets such as graphite is set to provide a stable picture for the next year.
Syrah Resources - Tesla may terminate the Offtake Agreement if final qualification of Vidalia AAM is not achieved by 9 February 2026.
MRC terminates SPA with Norge. Enters into an agreement for the sale of Skaland to LNS Holding AS for Skaland is USD11,500,000.
Tiripati Grpahite flake graphite from its Vatomina mine in Madagascar has successfully passed significant qualification test-work.
Northern Graphite Lac des Iles Mine and Mill temporarily placed on care and maintenance to prepare for 2026 pit expansion.
Renascor Resources is on schedule for commencement of commissioning of its PSG demonstration facility in Adelaide this quarter.
Talga receives land allocation approval for graphite mine in Sweden and receives A$13.3m Industriklivet grant funds.
Westwater Resources - Stellantis unexpectedly terminated its Binding Offtake Agreement with the Company, debt syndication is now paused.
NMG finalizes multiple Offtake Agreements for its Phase-2 Graphite production. Matawinie Mine recognized as a “Major Project of National Interest” by the Government of Canada.
Falcon Energy Materials confirms robust economics in Morocco Anode Plant Study with first production targeted for H2 2027. US$86 million initial CapEx and Offtake and testing advancing.
EcoGraf Epanko expansion supports EcoGraf HFfree® downstream facilities. Staged expansion to 390,000 tpa to become Africa’s largest planned graphite producer.
Sarytogan Graphite drills 50.2m @ 34.5% Total Graphitic Carbon (TGC) from surface.
Focus Graphite receives conditional funding of up to $14.1M to advance Canada’s first Electrothermal Fluidized Purification Demonstration Plant.
Zentek announces new graphite gel-based fire-retardant product and an exclusive licence for the US market.
As usual all comments are welcome.

Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.