Welcome to our dedicated page for Nouveau Monde news (Ticker: NMG), a resource for investors and traders seeking the latest updates and insights on Nouveau Monde stock.
Nouveau Monde Graphite Inc. (NMG) delivers critical battery-grade graphite for the electric vehicle revolution through its Quebec-based mining and processing projects. This page aggregates official press releases and verified news about NMG’s operational milestones, financial performance, and strategic partnerships.
Investors and industry stakeholders will find timely updates on the Matawinie Mine development, battery material production advancements, and sustainability initiatives. Content spans quarterly results, resource estimates, supply agreements, and environmental stewardship efforts aligned with net-zero goals.
All materials adhere to NI 43-101 technical reporting standards, ensuring reliable data for informed decision-making. Bookmark this page to track NMG’s progress in establishing North America’s first fully integrated graphite-to-battery-materials operation powered by renewable energy.
Nouveau Monde Graphite (NMG) has announced a partnership with Caterpillar (CAT) to develop an integrated solution for a zero-exhaust emission fleet and supporting infrastructure for NMG's Matawinie Mine in Québec. This agreement builds on a 2021 collaboration and includes the supply of carbon-neutral graphite materials to Caterpillar for its battery supply chain. NMG's Matawinie Mine aims to be the world's first all-electric open-pit mine, showcasing sustainable mining technology. The collaboration includes the testing of Caterpillar's electric machines, with an objective to transition to all-electric operations within five years. Additionally, a framework for equipment procurement and maintenance has been established to minimize initial capital intensity while enhancing operational efficiency.
Nouveau Monde Graphite (NMG) has successfully completed an underwritten public offering, raising approximately US$22 million by selling 4,850,000 common shares at US$4.55 per share. The offering was managed by a syndicate led by BMO Capital Markets and Cormark Securities Inc.. The proceeds are earmarked for advancing the Matawinie Mine Project and Bécancour Battery Material Plant Project towards a final investment decision and project financing, alongside funding the Uatnan Mining Project and general corporate expenses. The company has filed a final prospectus supplement in Canada and the U.S. as part of the offering process.
Nouveau Monde Graphite Inc. (NYSE: NMG) has announced an agreement with underwriters, led by BMO Capital Markets and Cormark Securities Inc., for a bought-deal of 4,850,000 common shares at US$4.55 each, totaling approximately US$22 million. An additional 15% over-allotment option is also available.
Following the offering, NMG plans a non-brokered private placement of up to 2,938,753 shares to allow existing shareholders to exercise their pre-emptive rights.
The net proceeds will support the Matawinie Mine Project, the Bécancour Battery Material Plant Project, and the Uatnan Mining Project. The offering is expected to close around April 17, 2023, pending regulatory approvals.
On April 11, 2023, Nouveau Monde Graphite Inc. (NMG) announced a bought-deal offering of 4,850,000 common shares at US$4.55 each, aiming to raise approximately US$22 million. The underwriters include BMO Capital Markets and Cormark Securities. An additional 15% over-allotment option is available for 30 days post-offering. NMG also plans a non-brokered private placement of up to 2,938,753 shares, intended for shareholder rights exercise, with a potential additional 440,814 shares. Proceeds will fund the Matawinie Mine and Bécancour Battery Material Plant projects, along with general corporate needs. The offering is anticipated to close around April 17, 2023, pending regulatory approvals. A detailed prospectus will be filed in accordance with U.S. and Canadian securities regulations.
On April 6, 2023, Black Swan Graphene (OTCQB: BSWGF) announced the completion of an Equity Swap and a Supply Agreement with Nationwide Engineering Research and Development Ltd (NERD). Both companies now own approximately 5% of each other's shares, fostering a strategic partnership to enhance the integrated supply chain for graphene-enhanced concrete.
NERD has developed Concretene, a graphene-enhanced concrete admixture that can reduce CO2 emissions by about 30% while improving strength and reducing material costs. The partnership aims to leverage these advancements in technology and sustainability across the global construction industry.
Additionally, Arup Group has partnered with NERD, acquiring a 4.2% stake, further promoting the adoption of Concretene in major projects with entities like Heathrow and Manchester Airports.
Nouveau Monde Graphite Inc. (NYSE: NMG) has announced the payment of accrued interests related to its previously announced private placement. A total of 234,039 common shares will be issued at a price of US$5.11 each, amounting to US$1,195,938. This payment is due for the first quarter of 2023 and is subject to approval from the NYSE and TSX Venture Exchange. Additionally, the company plans to amend its unsecured convertible notes by removing interest capitalization, increasing the interest rate, and allowing share certificates to be delivered upon maturity. This development reflects NMG's ongoing commitment to its growth strategy.
The global graphite market is expected to grow significantly, reaching an estimated USD 25.70 billion by 2028, driven by the soaring demand from the lithium-ion battery industry and the steel sector. The market had a size of USD 14.83 billion in 2021. Electric vehicles and energy storage systems are anticipated to further enhance this demand, especially as countries transition to green energy. Companies like Tesla (TSLA) and Nouveau Monde Graphite (NMG) are key players in this evolving landscape. Notably, Reflex Advanced Materials Corp. has made a strategic investment in Bio Graphene Solutions Inc. to explore advanced materials applications.
Mason Graphite Inc. (MGPHF) has announced a strategic partnership between Black Swan Graphene and Nationwide Engineering Research and Development (NERD) to enhance graphene production and adoption in concrete. Mason owns approximately 41% of Black Swan. The partnership includes an equity swap where both companies will own 5% of each other, alongside a supply agreement for graphene. NERD's graphene-enhanced admixture, Concretene, can reduce CO2 emissions by approximately 30% and enhance concrete's strength. Arup Group is also joining to advance the use of Concretene in construction, aiming to meet sustainability goals as cement contributes significantly to global CO2 emissions.
Black Swan Graphene and Nationwide Engineering Research and Development have announced a strategic partnership aimed at promoting graphene-enhanced concrete. This partnership involves an equity swap where both companies will own about 5% of each other. Nationwide Engineering's Concretene technology, which reduces CO2 emissions by approximately 30%, will source graphene from Black Swan. Concurrently, Arup Group is set to join NERD, acquiring 4.2% of NERD's shares. The collaboration seeks to create a sustainable integrated supply chain to revolutionize concrete production, aligning with global decarbonization goals.
Nouveau Monde Graphite (NYSE: NMG) reports significant progress in its integration of graphite-based solutions for energy transitions. Key advancements include a multi-year offtake agreement with Panasonic Energy, groundwork completion at the Matawinie Mine, and active engagement for phase-2 project financing. Notably, a preliminary economic assessment of the Uatnan Mining Project indicates strong returns from an annual production of 500,000 tonnes over 24 years. The company secured CA$3.6 million in grants for R&D, while its cash position stands at $59.9 million. NMG is committed to a carbon-neutral footprint aiming for net-zero emissions by 2030.
