Chief executive Kjirstin Breure said the company, which is currently listed on the Canadian Securities Exchange, expects to list on the U.S. exchange by the middle of next year. The startup makes an ultra-thin form of carbon that could be used to manufacture an array of materials like lubricants and plastics. (Bloomberg News)
Talking point: HydroGraph has attracted major investor interest over the last 12 months, sending its stock price surging 2,000 per cent. It now has a market cap of just over $950 million. A U.S. listing would accompany plans announced in August to move the company’s headquarters to Austin, Texas. HydroGraph’s decision to move comes as more Canadian businesses and investors are drawn to the U.S., lured by its larger capital pool and the Trump administration’s efforts to bolster its domestic manufacturing base. Recently, the U.S. government announced it would buy direct stakes in two other Vancouver-based critical minerals firms, Lithium Americas and Trilogy Metals, seemingly in response to China’s latest export curbs.