- Business
- First Canadian Graphite Inc., formerly Green Battery Minerals Inc., engages in the acquisition, exploration and development of battery mineral properties focused on graphite resources in Quebec, Canada. The company holds the flagship 100%-owned Berkwood Graphite Project, located in the Manicouagan Regional County Municipality in northern Quebec and adjacent to Nouveau Monde Graphite's Uatnan project; the property hosts an in-pit constrained mineral resource of 1,755,300 tonnes indicated at 17.00% graphitic carbon and 1,526,400 tonnes inferred at 16.39% graphitic carbon, with potential for large- to jumbo-flake graphite suitable for lithium-ion battery anodes; it also maintains interests in the Jupiter lithium project and Stallion claims, though portions of the latter have partially lapsed. Founded in 1979 and headquartered in Vancouver, British Columbia with offices in Montreal, Quebec, the company targets North American electric vehicle and renewable energy storage markets through ESG-friendly processing partnerships, including a collaboration with Volt Carbon Technologies Inc. to develop air-separation technology for graphite without chemicals or water and advance graphene production. In 2025, the company changed its name to First Canadian Graphite Inc., effective June 20 with new ticker FCI.V, following TSX Venture Exchange approval; closed a $299,960 private placement issuing 4,285,143 units at seven cents each on February 6; entered strategic advancements with Volt Carbon including U.S. patent notices and graphene achievements; appointed Florent Baril, P.Eng., to its board; and granted 450,000 stock options under its 2024 Omnibus Share Incentive Plan.