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First Canadian Graphite well positioned to Capitalize on China's Export Controls on Graphite
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Montreal, QC – TheNewswire - Oct 23rd 2025 — First Canadian Graphite Inc. (the “Company”) (TSX-V: FCI | Frankfurt: BK2) provides a summary of China’s recent announcement of stricter export controls on lithium-battery raw materials and graphite anode materials, effective November 8, 2025, as a catalyst that strengthens the strategic importance and market value of graphite produced outside China.
China’s Ministry of Commerce (MOFCOM) and General Administration of Customs have unveiled a new regulatory regime that places certain lithium-battery raw materials, associated equipment, and graphite anode materials under export licensing and control. (Global Times) Under the new rules, many exports of artificial graphite anode materials, processing equipment (such as graphitization furnaces, granulation reactors, coating / modification systems), and related technologies will require government approval before shipment. (Global Times)
What This Means for Graphite Markets
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These controls are expected to tighten the global supply of processed graphite and related battery materials, particularly for overseas consumers reliant on the Chinese supply.
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The bottleneck effect could cause upward pressure on graphite prices and margins, benefiting producers outside of China with secure supply chains.
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Buyers and battery manufacturers are likely to seek alternative, more stable sources of graphite and anode material, accelerating demand for non-Chinese suppliers.
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The controls may also incentivize upstream investment in graphite mining, processing, and value-added manufacturing in jurisdictions viewed as reliable,
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With these export control changes, First Canadian Graphite expects to benefit from increased global focus on the secure supply of North American critical minerals.
First Canadian Graphite respectfully acknowledges that the Berkwood Project is located within the traditional territory of the Pessamit Innu First Nation. The Company is committed to fostering respectful, transparent, and collaborative relationships with local Indigenous communities throughout the development process.
Forward-Looking Statements
This press release contains forward-looking statements, including statements about demand, pricing trends, strategic positioning, and the expected benefits of China’s export controls. These statements are based on assumptions and beliefs of management and involve risks and uncertainties, which may cause actual results to differ materially from those anticipated.
About the Berkwood Graphite Project
The Berkwood Graphite Project is located within the jurisdiction of Quebec, in the Manicouagan Regional County Municipality, three hours driving time from the city of Baie-Comeau. Easy access is provided via a major secondary road and numerous tertiary and forest roads that traverse the property.
The Zone 1 resource lies 8 km southwest of Nouveau Monde’s deposit which has a $3.5 billion NPV on it. The Companies Zone 1 resource, and that of Nouveau Monde, share many similar geological characteristics, with the Zone 1 resource being of exceptionally high grade and coarse flake size by global standards.
The current mineral resource at the Berkwood Graphite Project includes in-pit constrained resource totalling 1,755,300 tonnes of indicated resources at 17.00 % Cgr and 1,526,400 tonnes in inferred resources at 16.39 % Cgr.
Table 2: In-pit Resource at Lac Gueret South Project (rounded numbers)
Current Resources (as of June 17th, 2019)
|
Minerals Resources Category |
Tonnage (Mt) |
Grade (% Cgr) |
Cgr (t) |
Cut off |
|
Indicated |
1.76 |
17.0 |
299,200 |
6.81% |
|
Inferred |
1.53 |
16.4 |
250,200 |
6.81% |
The mineral resource estimates above are described in the technical report entitled, NI 43-101 Technical Report Mineral Resource Estimate on the Lac Gueret South Graphite Property, Quebec, Canada. With an Effective date of June 30th, 2019, by Edward Lyons, PGeo., Florent Baril, ing., and Claude Duplessis, ing.
About the Company: First Canadian Graphite is managed by a team with over 150 years of collective experience, with a proven track record of not just finding numerous mines but building and operating them too. The First Canadian Graphite management team’s most recent success is discovering the Berkwood graphite resource in Northern Quebec. First Canadian owns this asset 100 percent, and the Company’s shareholders will benefit from this asset as the demand for a local source of Graphite for electric vehicles and other consumers increases significantly.
On Behalf of the Board of Directors
First Canadian Graphite lnc.
‘Thomas Yingling’
President, CEO & Director
2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8
Phone: (438) 469-0705
#1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6
Phone: (604) 343-7740
FOR MORE INFORMATION, PLEASE CONTACT:
info@firstcanadiangrahite.com or 1-604-343-7740
Website: www.firstcanadiangraphite.com
Disclaimer for Forward-Looking Information: Certain statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include that the Company will carry out the drill program described in this news release, conduct the Offering and expend funds on Berkwood Graphite Project exploration. It is important to note that the Company's actual business outcomes and exploration results could differ materially from those in such forward-looking statements. Risks and uncertainties include that further permits may not be granted timely or at all; the mineral claims may prove to be unworthy of further expenditure; there may not be an economic mineral resource; methods we thought would be effective may not prove to be in practice or on our claims; economic, competitive, governmental, environmental and technological factors may affect the Company's operations, markets, products and prices; our specific plans and timing drilling, field work and other plans may change; we may not have access to or be able to develop any minerals because of cost factors, type of terrain, or availability of equipment and technology; and we may also not raise sufficient funds to carry out our plans. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedar.com. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect. Except as required by law, we will not update these forward-looking statement risk factors. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release.
