Saudi graphite plant is ‘wake-up call’ for Quebec, France: CEO

A view of Yanbu’s industrial district, where Northern Graphite’s proposed battery material plant will be built. Source: Northern Graphite. Northern Graphite’s (TSX-V: NGC; US-OTC: NGPHF) decision to build a $200-million (C$144-million) battery material plant in Saudi Arabia should serve as a warning for governments in Canada and France, where the miner has been mulling similar projects, CEO Hugues Jacquemin says. Ottawa-based Northern last month agreed with Saudi Arabian conglomerate Al Obeikan Group for In ...