Bissett Creek
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Bissett Creek
Northern’s Bissett Creek, Ontario project has a full feasibility study, permitting is well advanced and it is near construction ready. It will see initial, Phase I output of 44,000 tpy when it comes into production, which is forecast for 2026, subject to financing. The project has access to rail and road and is located 15 km from the TransCanada highway, five hours by road from the Port of Montreal, a gateway to North American and European markets. It is also close to major mining supply centers and has ready access to supplies, equipment and contractors as well as natural gas.
Bissett Creek’s high-quality, battery-grade graphite concentrate is suitable to supply Northern’s planned 200,000 tpy Battery Anode Plant in Baie-Comeau, Quebec, as well as North America’s burgeoning battery belt of gigafactories that are being built across Canada and the United States.
Quality Location
- Located in Ontario, 15 km from Trans-Canada highway
- Power, material and equipment suppliers nearby
- Rail access to major North American markets
- Five hours by road to Port of Montreal and access to international markets
Proven Value
- Battery-grade graphite
- Permitting well advanced, PEA & Feasibility Studies completed
- 1.2 Mt graphite in M&I resources(1)
- Ideally suited to supply Baie-Comeau BAM plant
Path Forward
- Staged, two-phase development to sync with market demand
- Initial production of 44,000 tpy
- Capital cost of ~ US$115 million(2)
(1) Mineral resources that are not mineral reserves do not have demonstrated economic viability. There is no certainty that any part of a mineral resource will ever be converted into mineral reserves.
(2) Capital costs are based on an update and sensitivity analysis of the PEA and do not represent PEA base case economics. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The PEA is preliminary in nature and there is no certainty that the results of the PEA will be realized. See December 12, 2018 Press Release.
