Imerys in its sale of two graphite mines to Northern Graphite






Mergers and Acquisitions

Date Closed

May 2022


Mining and Natural Resources

Lead Office



On May 8, 2022, Northern Graphite Corporation completed its acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner. The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company.

Imerys is the world leader in mineral-based specialty solutions for industry.

Osler, Hoskin & Harcourt LLP advised Imerys with a team consisting of Niko Veilleux, Marisa Corona, Véronique Fortin-Latreille, Joshua Blatt (Corporate), Julien Ranger-Musiol (Pensions and Benefits), Jeremy Perron (Employment and Labour), Nicole Cloutier, Natasha Vincelli and Caroline Stephens (Real Estate).