Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Northern Graphite's shares surged 39% on Jan. 17, 2026, after announcing a C$200M battery anode plant joint venture with Saudi partner Al Obeikan, despite funding and execution risks.

flag Northern Graphite (CVE:NGC) shares jumped 39.2% to C$0.36 on January 17, 2026, after announcing a planned joint venture with Saudi partner Al Obeikan to build a C$200 million battery anode plant in Saudi Arabia, aiming to expand its access to electric vehicle supply chains. flag The move spurred strong trading volume of 1.99 million shares, 182% above average, reflecting investor interest. flag However, concerns persist over funding the project, potential share dilution, execution risks, and the company’s high debt-to-equity ratio of 318.09, low liquidity, and negative P/E ratio. flag Details on plant capacity, timelines, off-take agreements, and government incentives remain pending.

15 Articles

Further Reading