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Northern Graphite appeals Quebec's suspension of its Lac des Iles mining lease over financial guarantee dispute

Market News
09 Sep 2026
Newsfile Corp
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Bearish
Northern Graphite appeals Quebec's suspension of its Lac des Iles mining lease over financial guarantee dispute

Northern Graphite Corporation has filed an appeal against Quebec's decision to suspend its Lac des Iles graphite mine lease due to a disagreement over a financial guarantee payment for site restoration. The company argues it is not in default and the appeal temporarily halts the suspension, keeping the lease active during the legal process. This dispute affects Northern's operations but the company remains focused on expanding graphite production to meet growing demand, especially for battery materials. Updates will follow as the court case progresses.

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Palantir shares jump nearly 29% in two months on strong AI-driven revenue growth and new partnerships.

Palantir shares jump nearly 29% in two months on strong AI-driven revenue growth and new partnerships.

Palantir's stock rose about 28.8% from July to now, driven by a 93% year-over-year revenue increase to $1.94 billion in Q2 2026 and strong profitability. The company expanded its AI offerings through new partnerships with Nebius and PwC, alongside de...

Company Fundamentals
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Hybrid Power Solutions opens larger facility in Mississauga to boost production of fuel-free power products

Hybrid Power Solutions opens larger facility in Mississauga to boost production of fuel-free power products

Hybrid Power Solutions Inc. has established a larger manufacturing facility in Mississauga, Ontario, to increase production capacity for its fuel-free and hybrid portable power products. The new facility will feature dedicated production lines for th...

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Anixa Biosciences highlights progress in breast cancer vaccine on Bloomberg TV this Saturday.

Anixa Biosciences highlights progress in breast cancer vaccine on Bloomberg TV this Saturday.

Anixa Biosciences announced that its CEO Dr. Amit Kumar and a breast cancer vaccine trial patient will be featured on Bloomberg TV to discuss recent successes in their breast cancer vaccine development. The vaccine aims to treat, prevent recurrence, ...

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Nvidia insider sells nearly $650M in shares amid big tech sell-off and AI uncertainties

Nvidia insider sells nearly $650M in shares amid big tech sell-off and AI uncertainties

Nvidia's top insider, Director Mark Stevens, sold nearly $650 million worth of shares in two transactions, including the largest insider sale of the decade for Nvidia. This insider selling is part of a broader trend among big tech companies like Micr...

Market News
Bearish
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GMG's graphene batteries show no degradation after 489 fast charge cycles, outperforming lithium titanate cells.

GMG's graphene batteries show no degradation after 489 fast charge cycles, outperforming lithium titanate cells.

Graphene Manufacturing Group (GMG) announced that its G®CELLS graphene batteries have demonstrated exceptional durability, showing no performance loss after 489 cycles of fast charging and discharging within six minutes each. This performance signifi...

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