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Northern Graphite Charts Path to Carbon Neutral Project at Bissett Creek
Ottawa, Ontario--(Newsfile Corp. - February 14, 2022) - Northern Graphite Corporation (TSXV: ...
About this update from Northern Graphite Corporation
[{"type":"text","content":"Northern Graphite Charts Path to Carbon Neutral Project at Bissett CreekOttawa, Ontario--(Newsfile Corp. - February 14, 2022) - Northern Graphite Corporation (TSXV: NGC) (OTC Pink: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the \"Company\" or \"Northern\") is pleased to announce that Minviro Ltd. (\"Minviro\") has completed an ISO-compliant Life Cycle Assessment (\"LCA\") on the production of graphite concentrate and lithium-ion battery anode material (\"BAM\") from the Company's Bissett Creek deposit in order to guide the Company in developing a carbon neutral project. Additionally, Minviro benchmarked the potential carbon footprint of Bissett Creek against the production of Chinese natural and synthetic graphite and their upgrade into battery anode material.Minviro estimated that by powering the mining fleet with natural gas rather than diesel, and replacing the planned natural gas fired generating plant with hydroelectric power, the Global Warming Potential (\"GWP\") of the Bissett Creek project could be reduced by more than half, from 2.2 kilograms (\"kg\") of CO2 eq. per kg of graphite produced to 1.0 kg of CO2 eq. Minviro is undertaking an additional study to quantify the benefits of an electric mining fleet to further reduce the project's carbon footprint.Minviro estimated that Li-ion battery anode material, also known as coated spherical purified graphite (\"CSPG\"), manufactured from Bissett Creek mine concentrates under the optimized scenario would have a carbon footprint of 7.3 kg of CO2 eq. per kg of product. In comparison, the carbon footprint of Chinese CSPG produced from natural graphite is estimated at 16.8 kg of CO2 eq. and 17 kg of CO2 eq. if produced from synthetic graphite.Gregory Bowes, CEO commented that, \"the Minviro report indicates that the carbon footprint of the Bissett Creek project can be reduced to levels that create a clear and economic path to carbon neutrality by investing in the creation of credits or purchasing carbon offsets. Very few mining projects can achieve this status.\" He added that, \"the report also highlights the substantially higher carbon footprint of Chinese production, particularly of synthetic graphite.\"Minviro's estimate for the carbon footprint of synthetic Chinese CSPG production is based on a plant in Fujian Province where the regional power grid mix has a lower environmental impact ...