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Northern Graphite and Rain Carbon Announce Agreement to Jointly Develop Natural Graphite Battery Anode Material

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Northern Graphite and Rain Carbon Inc. have announced a Joint Development Agreement (JDA) to develop and commercialize advanced natural graphite-based Battery Anode Material (BAM) for lithium-ion batteries in electric vehicles. The collaboration aims to create BAM products that extend cycle life, enhance charging speed, and reduce electrode swelling in battery cells. This innovation addresses the stability gap between natural and synthetic graphite, potentially increasing the use of natural graphite in EV batteries.

The partnership combines Northern's expertise in graphite mining, milling, shaping, and purifying with RAIN's advanced coating capabilities. The joint development will take place at Northern's Battery Materials Group laboratory in Frankfurt and RAIN's Technology Innovation Center in Hamilton, Canada. The collaboration is expected to produce lower-cost, higher-quality BAM that meets the demands of battery manufacturers and consumers while addressing environmental concerns linked to synthetic graphite production.

Northern Graphite e Rain Carbon Inc. hanno annunciato un Accordo di Sviluppo Congiunto (Joint Development Agreement - JDA) per sviluppare e commercializzare materiali avanzati per anodi di batteria a base di grafite naturale (BAM) destinati a batterie agli ioni di litio per veicoli elettrici. La collaborazione mira a creare prodotti BAM che allunghino la vita ciclica, migliorino la velocità di carica e riducano il rigonfiamento degli elettrodi nelle celle della batteria. Questa innovazione affronta il divario di stabilità tra grafite naturale e sintetica, aumentando potenzialmente l'uso della grafite naturale nelle batterie EV.

Il partenariato combina l'expertise di Northern nell'estrazione, lavorazione, modellazione e purificazione della grafite con le avanzate capacità di rivestimento di RAIN. Lo sviluppo congiunto avverrà nel laboratorio del Gruppo Materiali per Batterie di Northern a Francoforte e presso il Centro di Innovazione Tecnologica di RAIN a Hamilton, in Canada. Si prevede che la collaborazione produca BAM di alta qualità e a basso costo che soddisfi le esigenze dei produttori di batterie e dei consumatori, affrontando nel contempo le preoccupazioni ambientali legate alla produzione di grafite sintetica.

Northern Graphite y Rain Carbon Inc. han anunciado un Acuerdo de Desarrollo Conjunto (Joint Development Agreement - JDA) para desarrollar y comercializar materiales avanzados para ánodos de batería a base de grafito natural (BAM) para baterías de iones de litio en vehículos eléctricos. La colaboración tiene como objetivo crear productos BAM que prolonguen la vida cíclica, mejoren la velocidad de carga y reduzcan la hinchazón de los electrodos en las celdas de la batería. Esta innovación aborda la brecha de estabilidad entre el grafito natural y el sintético, aumentando potencialmente el uso del grafito natural en las baterías de EV.

La asociación combina la experiencia de Northern en minería, molienda, conformado y purificación del grafito con las avanzadas capacidades de recubrimiento de RAIN. El desarrollo conjunto se llevará a cabo en el laboratorio del Grupo de Materiales para Baterías de Northern en Fráncfort y en el Centro de Innovación Tecnológica de RAIN en Hamilton, Canadá. Se espera que la colaboración produzca BAM de menor costo y mayor calidad que cumpla con las demandas de los fabricantes de baterías y consumidores, al tiempo que aborda las preocupaciones ambientales relacionadas con la producción de grafito sintético.

노던 그래파이트레인 카본 주식회사가 전기차용 리튬 이온 배터리를 위해 천연 그래파이트 기반 배터리 양극 재료(BAM)를 개발 및 상용화하기 위한 공동 개발 계약(Joint Development Agreement - JDA)을 체결했다고 발표했습니다. 협력의 목표는 배터리 셀에서 사이클 수명을 연장하고, 충전 속도를 높이며, 전극 팽창을 줄이는 BAM 제품을 만드는 것입니다. 이 혁신은 천연 그래파이트와 합성 그래파이트 사이의 안정성 차이를 해결하여 천연 그래파이트의 EV 배터리 사용을 잠재적으로 증가시킬 수 있습니다.

이번 파트너십은 노던의 그래파이트 채굴, 분쇄, 성형 및 정제 전문성과 RAIN의 고급 코팅 능력을 결합합니다. 공동 개발은 노던의 배터리 재료 그룹 실험실인 프랑크푸르트와 캐나다 해밀턴의 RAIN 기술 혁신 센터에서 진행될 예정입니다. 이번 협력은 배터리 제조업체와 소비자의 요구를 충족하고 합성 그래파이트 생산과 관련된 환경 문제를 다루면서 저렴하고 고품질의 BAM을 생산할 것으로 기대됩니다.

Northern Graphite et Rain Carbon Inc. ont annoncé un Accord de Développement Conjoint (Joint Development Agreement - JDA) pour développer et commercialiser des matériaux avancés pour anodes de batterie à base de graphite naturel (BAM) pour des batteries Lithium-Ion dans des véhicules électriques. La collaboration vise à créer des produits BAM qui prolongent la durée de vie des cycles, améliorent la vitesse de charge et réduisent le gonflement des électrodes dans les cellules de batterie. Cette innovation comble le fossé de stabilité entre le graphite naturel et le graphite synthétique, ce qui pourrait potentiellement augmenter l'utilisation du graphite naturel dans les batteries EV.

Le partenariat combine l'expertise de Northern en extraction, mouture, façonnage et purification du graphite avec les capacités avancées de revêtement de RAIN. Le développement conjoint aura lieu dans le laboratoire du Groupe des Matériaux de Batterie de Northern à Francfort et au Centre d'Innovation Technologique de RAIN à Hamilton, au Canada. La collaboration devrait produire des BAM de haute qualité et à faible coût répondant aux besoins des fabricants de batteries et des consommateurs, tout en abordant les préoccupations environnementales liées à la production de graphite synthétique.

Northern Graphite und Rain Carbon Inc. haben eine Gemeinsame Entwicklungsvereinbarung (Joint Development Agreement - JDA) angekündigt, um fortschrittliche auf natürlichen Graphit basierende Batteriekathodenmaterialien (BAM) für Lithium-Ionen-Batterien in Elektrofahrzeugen zu entwickeln und zu vermarkten. Die Zusammenarbeit zielt darauf ab, BAM-Produkte zu schaffen, die die Zyklenlebensdauer verlängern, die Ladegeschwindigkeit erhöhen und die Elektrodenquellung in den Batteriezellen reduzieren. Diese Innovation adressiert die Stabilitätslücke zwischen natürlichem und synthetischem Graphit und könnte den Einsatz von natürlichem Graphit in EV-Batterien potenziell erhöhen.

Die Partnerschaft kombiniert Northerns Expertise in Graphitbergbau, -vermahlung, -formung und -reinigung mit RAINS fortschrittlichen Beschichtungsfähigkeiten. Die gemeinsame Entwicklung wird im Labor der Battery Materials Group von Northern in Frankfurt und im Technology Innovation Center von RAIN in Hamilton, Kanada, stattfinden. Die Zusammenarbeit wird voraussichtlich kostengünstigere, qualitativ hochwertige BAM-Produkte hervorbringen, die den Anforderungen von Batterienherstellern und Verbrauchern gerecht werden und gleichzeitig umweltbezogene Bedenken im Zusammenhang mit der Produktion von synthetischem Graphit ansprechen.

Positive
  • Joint development of advanced natural graphite-based Battery Anode Material for lithium-ion batteries
  • Potential to extend battery cycle life, enhance charging speed, and reduce electrode swelling
  • Combination of Northern's graphite expertise with RAIN's coating capabilities
  • Opportunity to increase natural graphite use in EV batteries, potentially lowering costs and environmental impact
Negative
  • None.
  • Northern and RAIN to develop and commercialize advanced natural graphite-based Battery Anode Material with reduced electrode swelling, an extended cycle life and an improved charging speed of lithium-ion battery cells
  • New products will improve the performance of natural versus synthetic graphite-based battery anode materials
  • Joint Development enables RAIN to further expand and fine-tune its portfolio of LIONCOAT® battery-grade carbon precursor materials and coating technologies
  • Joint Development supports integrated mine-to-battery graphite solution for critical mineral supply chains in the Western World 

Ottawa, Ontario--(Newsfile Corp. - October 9, 2024) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) ("Northern") and Rain Carbon Inc. ("RAIN"), a leading supplier of carbon precursor and carbon products derived from the upcycling of industrial by-products, are pleased to announce a Joint Development Agreement ("JDA") to develop and commercialize advanced battery anode material ("BAM") used in lithium-Ion batteries for electric vehicles.

Under the terms of the JDA, Northern and RAIN will jointly develop and commercialize natural graphite BAM products designed to extend cycle life, enhance charging speed and reduce electrode swelling in lithium-ion battery cells. This innovation addresses the stability gap between natural and synthetic graphite, enabling increased use of natural graphite in Electric Vehicle ("EV") battery cells.

The JDA follows the launch of Northern's Battery Materials Group ("NGCBM") in February and RAIN's announcement of its new Technology Innovation Center for Energy Storage Materials ("Innovation Center") in August. NGCBM included the acquisition of a fully equipped, state-of-the-art carbon and battery laboratory in Frankfurt, Germany capable of both producing BAM derived from the Northern's Lac-des-Îles graphite mine in Canada and of building lithium-ion batteries according to the specifications of automakers seeking critical characteristics, ranging from cycle life and driving range to charging speed.

RAIN's Innovation Center in Hamilton, Canada allows product and application development activities of battery-grade carbon and carbon precursor products in a 30,000 sq. ft. development facility including demonstration plants for the pilot-scale processing of carbon and carbon precursor materials along with laboratories dedicated to the carbon material analysis with state-of-the-art powder and electrochemical testing equipment.

"This exclusive JDA is a significant milestone for our companies and the industry, as it enables increased use of natural graphite in battery anode materials by lowering costs and addressing the environmental concerns linked to synthetic graphite, while enhancing key performance metrics such as cycle life, charging speed and stability," said Northern's Chief Executive Officer, Hugues Jacquemin. "By leveraging Northern's expertise in mining, milling, shaping and purifying natural graphite alongside RAIN's advanced coating capabilities, we are positioned to produce the lower-cost, higher-quality BAM which battery manufacturers and consumers are demanding."

"We are delighted to partner with Northern in this development collaboration, which will allow us to expand and tailor our existing portfolio of LIONCOAT® battery-grade carbon precursors, while also advancing new, efficient and sustainable coating technologies through our Innovation Center in Hamilton, Canada," said RAIN's President, Gerard Sweeney. "This partnership enables us to combine our strengths in raw material integration and processing to produce high-performance battery anode materials, accelerating the development of innovative solutions for the rapidly growing lithium-ion battery market."

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Battery Cell FocusAdvantages to Customers
Extended battery cycle life and increased driving range over the vehicle's lifespan
  • Lower cost of ownership due to reduced maintenance and fewer battery replacements
  • Enhanced vehicle reliability and higher resale value
  • Longer-lasting batteries reduce the need for manufacturing, usage and recycling, positively impacting the environment
Improved fast charging
  • Faster charging supports the use of EVs for a wider range of journeys, promoting the shift from fossil fuel vehicles
  • Reduced charging times enhance user convenience and the overall EV experience, addressing a significant barrier to adoption
  • Automakers gain a competitive edge with faster charging as a compelling selling point compared to EVs with longer charging times
Reduced electrode swelling
  • Increased battery stability and safety due to minimizing defects and failures caused by swelling
  • Enhanced vehicle performance and longevity
  • Improved consistency and predictability in production
  • Narrow the performance gap to the costlier synthetic graphite alternatives that have typically higher inherent CO2 footprints than natural graphite-based electrode material solutions

 

"Combining graphite from our Lac-des-Îles mine and our expertise in graphite shaping (spheroidization) with RAIN's expertise in carbon precursors and coating processes will enable us to develop a high-quality, natural graphite battery anode material for our customers," said Northern's Dr. Moritz Hantel, VP Innovation and Product Management. "Working out of Northern's Battery Materials Group laboratory in Frankfurt, we will be able to demonstrate and verify the electrochemical performance of the products per the needs of our customers to speed up the design-in process in the market."

Tailoring carbon coating to spherical natural graphite and developing efficient and sustainable coating technologies are critical steps in the production of Battery Anode Material, the largest component of Li-Ion batteries, enabling batteries to operate safely, charge quickly, deliver power efficiently and extend battery life. The process involves the application of a protective carbon layer at the surface of the graphite anode active material, to form a more stable solid electrolyte interface ("SEI") which enhances and calibrates what is known as the coulombic efficiency of the first and subsequent cycles, while tuning the performance of Li-Ion insertion into and out of the active material.

At a time when the world is striving for a net zero emitting economy, battery makers are seeking ways to minimize their carbon footprints and natural graphite-based electrode materials produced by ecologically sustainable manufacturing processes support this endeavor.

"At Northern, our driving purpose is to work together to enable a greener tomorrow," said Michael Grimm, President of NGCBM. "In joining forces with an industry leader like RAIN, we are adding cutting-edge coating technology to our toolbelt to help build cleaner and greener lithium-ion batteries for the EV industry."

About Northern Graphite
Northern is a Canadian, TSX Venture Exchange listed company that is the only flake graphite producing company in North America. Northern is focused on becoming a world leader in producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies. The Company's mine-to-battery strategy is spearheaded by its Battery Materials Division, which has a fully equipped, state-of-the-art laboratory in Frankfurt. The Division is focused on developing advanced anode materials to improve the cycle life and increase the charging rate of lithium ion batteries and on marketing Northern's patented Porocarb® product. Porocarb® is a carbon based material that enhances the performance of both solid state and lithium-ion batteries and is currently being evaluated by leading global battery manufacturers with very positive results.

Northern's graphite assets include the producing Lac des Iles mine in Quebec where the Company is boosting output to meet growing demand from industrial customers and coming demand from North American battery makers. The Company also owns the large-scale Bissett Creek project in Ontario and the fully permitted Okanjande graphite mine in Namibia, which is currently on care and maintenance and represents an opportunity to substantially increase graphite production at a lower cost and with a shorter time to market than most competing projects. All projects have "battery quality" graphite and are located close to infrastructure in politically stable jurisdictions. Please visit the Northern's website at www.northerngraphite.com/home/, the Northern profile on www.sedarplus.ca, our Social Channels listed below or contact Northern by phone at +1-613-271-2124.

About Rain Carbon Inc.
Rain Carbon Inc., a company with headquarters in Dover, Delaware, USA, is a wholly owned subsidiary of Rain Industries Limited (NSE: RAIN) and is a global, vertically integrated supplier of a diversified portfolio of carbon-based and chemical products that are essential raw materials for staples of everyday life. The company's Carbon segment converts industrial by-products of oil refining, steel production, bio-based and recycling sources into high-value carbon materials and intermediate chemicals. The Advanced Materials segment extends the value chain of its carbon processing through the down-stream refining of a portion of its output into eco-friendly, specialized chemical products. RAIN products enable customers in the aluminum, green steel, graphite, energy storage, tire, adhesive, coatings, pigment and specialty chemicals industries to transform by-products into usable, valuable products. RAIN's LIONCOAT® battery-grade carbon precursor materials are world-wide used ingredients for graphite and silicon-carbon composite materials used in lithium-ion batteries. Learn more about Rain Carbon's innovative technical product solutions at www.raincarbon.com.

For media inquiries contact
Pav Jordan, VP of Communications
Email: pjordan@northerngraphite.com

Matthew Scott-Hansen, EVP - Corporate
Email: raincorpcomms@raincarbon.com

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Cautionary Note Regarding Forward-Looking Statements
This news release contains certain "forward-looking statements" within the meaning of applicable securities laws, including within the meaning of the safe harbor provisions of the Ontario Securities Act, R.S.O. 1990, c. S.5 and U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements and information are matters that are not historical facts including financial and growth projections as well as statements concerning plans, strategies, intentions and beliefs concerning business and applicable markets. Such forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential", "possible" and other similar words, or statements that certain events or conditions "may", "will", "could", or "should" occur. All such forward-looking statements are based on assumptions and analyses made by management based on their experience and perception of historical trends, current conditions and expected future developments, as well as other factors they believe are appropriate in the circumstances. Although the forward-looking statements contained in this news release are based on what the applicable company's management believes are reasonable assumptions, the companies cannot assure investors that actual results will be consistent with them with those beliefs and assumptions. Further, these statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected including, but not limited to, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of other parties to perform as agreed; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure and the failure of ongoing and contemplated studies to deliver anticipated results or results that would justify and support continued studies, development or operations and the inability to raise required financing. Readers are cautioned not to place undue reliance on forward-looking information or statements.

These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the companies do not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.

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FAQ

What is the purpose of the Joint Development Agreement between Northern Graphite (NGPHF) and Rain Carbon?

The JDA aims to develop and commercialize advanced natural graphite-based Battery Anode Material (BAM) for lithium-ion batteries in electric vehicles, focusing on extending cycle life, enhancing charging speed, and reducing electrode swelling.

How does the Northern Graphite (NGPHF) and Rain Carbon collaboration address the stability gap between natural and synthetic graphite?

The collaboration aims to create BAM products that improve the performance of natural graphite, potentially enabling increased use of natural graphite in EV battery cells and addressing the stability gap with synthetic graphite.

Where will the joint development between Northern Graphite (NGPHF) and Rain Carbon take place?

The joint development will occur at Northern's Battery Materials Group laboratory in Frankfurt, Germany, and RAIN's Technology Innovation Center in Hamilton, Canada.

What are the potential benefits of the Northern Graphite (NGPHF) and Rain Carbon partnership for EV battery manufacturers?

The partnership aims to produce lower-cost, higher-quality Battery Anode Material that meets manufacturer demands while addressing environmental concerns linked to synthetic graphite production.

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