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The latest announcement is out from Green Battery Minerals Inc ( (TSE:FCI) ).
First Canadian Graphite Inc. is poised to benefit from China’s new export controls on graphite and lithium-battery raw materials, which are expected to tighten global supply and drive up prices. This regulatory shift is likely to increase demand for graphite from non-Chinese suppliers, positioning First Canadian Graphite to strengthen its market presence and attract upstream investments in its Berkwood Project, located in Quebec.
More about Green Battery Minerals Inc
First Canadian Graphite Inc. is a company operating in the graphite industry, primarily focusing on the production and supply of graphite, a critical material used in lithium-battery anode materials. The company is strategically positioned to capitalize on the increasing demand for non-Chinese graphite sources, particularly in North America, as it owns the Berkwood Graphite Project in Quebec, Canada.
Average Trading Volume: 33,952
Technical Sentiment Signal: Buy
Current Market Cap: C$3.7M
See more data about FCI stock on TipRanks’ Stock Analysis page.