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Vianode prepares commissioning of industrial scale battery materials customer qualification plant and consolidates ownership

Vianode, an advanced battery materials company providing sustainable anode graphite solutions, is on track to start operations at the Herøya customer qualification plant later this year with commissioning set to commence in the second quarter. The start-up and Vianode’s continued scale-up are supported by owners Altor Fund V (a fund …

Northern Graphite shares up on news of battery materials group launch

NGC will be operated by Northern and financed by selling excess production capacity to partners and other material developers. Northern will pay Heraeus a 2% royalty on sales of all Porocarb products.
The group will specialize in advanced material analytics and electrochemical characterization techniques for carbon and battery materials as well as providing in-depth expertise in the field of high-temperature processing, scale-up, and carbon design. This will enable Northern to provide tailored solutions to EV battery makers and original equipment manufacturers to satisfy their various unique battery requirements.
NGC Battery Materials Group will lead the development of Northern’s planned modular 200,000 tonnes-per-year Baie-Comeau, Que., battery anode material plant, with construction anticipated to begin in 2026, subject to financing.
Northern shares traded at C$0.20 apiece on Wednesday afternoon in Toronto, valuing the company at C$26 million. Its shares traded in a 52-week range of C$0.16 and C$0.64.