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Nouveau Monde Graphite Inc. (NMG) is a trailblazing company in the natural graphite industry, with its sights set on becoming North America's leading provider for the lithium-ion battery markets. Established with a management team boasting over 40 years of experience in production, processing, and marketing of natural graphite, NMG is a strong contender in the emerging graphite and anode material sector.
At the heart of NMG's operations is the Matawinie Graphite Project, discovered in 2015 and located in the Saint-Michel-des-Saints area, approximately 120 km north of Montreal, Quebec, Canada. This project aims to be the largest graphite mine in North America, leveraging its advantageous location with direct access to essential infrastructure, labor, and green, affordable hydroelectric power.
In June 2016, NMG published a preliminary economic assessment in accordance with NI 43-101 guidelines, showcasing their commitment to transparency and regulatory compliance. The company's approach is underscored by high corporate social responsibility standards and a goal of achieving a net-zero carbon emission operation, reflecting their dedication to environmental sustainability.
Nouveau Monde Graphite segments its operations into two primary projects: the Matawinie Mine Project and the Battery Material Plant Project. These initiatives are designed to produce natural graphite-based anode material that meets battery-grade standards, crucial for the burgeoning lithium-ion industry.
Notably, NMG has secured groundbreaking binding offtake agreements with industry giants such as Panasonic Energy and General Motors (GM). These partnerships are bolstered by significant strategic financings, positioning NMG as a key player in the North American battery supply chain.
Financially, the company has received substantial investments, including a US$150 million equity investment from GM and US$25 million private placement from Panasonic Energy. These investments are expected to underpin NMG's Phase 2 ore-to-battery-material graphite operations, ensuring the company's growth and stability.
Nouveau Monde Graphite is not only focused on production but also on innovation and sustainability. By striving for a fully integrated, carbon-neutral battery anode material supply chain in Quebec, NMG aims to support the global transition to sustainable energy. Their products and materials are designed to meet the high standards of leading battery and automobile manufacturers, ensuring reliability and performance while maintaining environmental and supply chain traceability standards.
Nouveau Monde Graphite (NMG) has released its 2022 ESG Report, showcasing advancements in climate action, biodiversity management, Indigenous relations, governance, and stakeholder engagement. The company is progressing towards the commercial Phase 2 of its business strategy, positioning itself as a driving force in the clean energy transition.
Key developments include:
- Signing definitive agreements with Caterpillar for zero-exhaust emission fleet and infrastructure at the Matawinie Mine
- Advancing technical and commercial parameters for a multi-year offtake agreement with Panasonic Energy
- Securing approximately US$22 million through public financing and up to CA$3.6 million in R&D grants
- Nominating Stéphane Imbeault as Vice President, Bécancour Project
- Participating in major commercial and investment events to elevate NMG's visibility
NMG's Phase-1 operations continue to produce graphite materials for product qualification with leading battery and EV manufacturers. The company is actively advancing plans for its Phase-2 Matawinie Mine and Bécancour Battery Material Plant.
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