Lac des Iles
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Lac des Iles
Lac des Iles (LDI), North America’s only producing graphite mine, sets us apart and propels us towards an era of production growth and sustainable development. LDI hosts battery-grade graphite and is a cash-generating asset with an established customer base.
LDI has 213,000 tonnes of M&I Resources with potential to grow(1) and it can be scaled to meet market demand in a low-cost, timely manner by leveraging its fully permitted mine, plant and tailings facilities. A new mineral reserve estimate is expected to be published in early 2024. The potential exists to significantly expand production at LDI through drilling of exploration targets and processing material from Northern’s wholly-owned Mousseau deposit.
Producing Asset
- Currently producing 10-15,000 tpy
of graphite concentrate - Ramping up to nameplate capacity of 25,000 tpy
- 7 years tailings capacity
- Located 150 km northwest of Montreal, Quebec
Proven Value
- Battery-grade graphite
- Established customer base
- Cash generating asset
- Updated mineral resource shows potential to extend mine life by 8 years
- 213,000 tonnes of M&I Resources with potential to grow
Path Forward
- New mineral reserve estimate expected to be published in early 2024
- Lac des Iles (LDI) can be scaled to meet market demand in a low-cost, timely manner by leveraging the fully permitted mine, plant and tailings facilities
- LDI can be extended through drilling of exploration targets and processing material from wholly-owned Mousseau deposit
(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.
