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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 (NYSE: NMG) announced the near completion of its coating unit, marking a significant milestone in its Phase 1 operations. Cold commissioning has begun, supporting the development of high-purity graphite and advanced battery materials. NMG now boasts North America's only fully integrated natural graphite production, which includes facilities for anode material qualification. This project is set to boost production to 100,000 tpa at the Matawinie Mine and 42,000 tpa at the Bécancour Battery Material Plant, leveraging sustainable practices and clean hydropower.
Nouveau Monde Graphite (NYSE: NMG) has made significant strides in financing its fully integrated Phase-2 operations, including the Bécancour Battery Material Plant and Matawinie Mine. The company has received expressions of interest for senior debt covering up to 70% of the required funding from Export Credit Agencies and governmental bodies, with Société Générale appointed as the lead arranger. Furthermore, NMG is engaged in commercial negotiations with major battery manufacturers to secure anchor customer agreements, aligning with rising demand in the electric vehicle sector.
Nouveau Monde Graphite Inc. (NMG) and Mason Graphite Inc. (MGPHF) announced an Investment Agreement to develop Mason Graphite's Lac Guéret property in Québec. The deal entails NMG investing up to C$5 million and forming a joint venture, with NMG holding a 51% interest. Key conditions include a minimum C$10 million investment from NMG and an updated feasibility study for production of at least 250,000 tonnes per annum of graphite concentrate. The Joint Venture will utilize NMG’s Demonstration Plant, enhancing commercialization capabilities.
Nouveau Monde Graphite (NMG) is progressing toward establishing North America's largest integrated ore-to-battery-material graphite production amidst rising demand driven by EV sector growth. Significant advancements include a 75% completion rate of the Phase-2 feasibility study and ongoing construction of the Phase-1 coating unit, targeting commissioning by H1-2022. NMG maintains a strong cash position of $43.5M and is engaging potential tier-1 customers for long-term offtake agreements. With a flake graphite deficit projected at nearly 2 million tonnes annually by 2030, NMG is positioned as a critical supplier in this landscape.
Nouveau Monde Graphite (NYSE: NMG) received a $5.75 million grant from the Government of Canada to advance its proprietary coating technology for producing coated spherical purified graphite (CSPG). The funding will facilitate the construction of a Phase-1 commercial-scale unit with a production capacity of 2,000 tpa. The innovative coating technology holds potential for a 25% energy reduction and enhanced production efficiency. NMG aims to become North America’s largest fully-integrated lithium-ion battery anode material producer while minimizing environmental impact.
Nouveau Monde Graphite (NYSE: NMG) has granted 547,500 stock options to directors and officers, with each option allowing the purchase of a common share at $8.20, expiring on March 28, 2027. This grant aligns with the company's stock option plan and supports its goal of developing carbon-neutral materials for the growing battery market. Nouveau Monde aims to be a vital player in sustainable energy by supplying advanced materials while maintaining strong ESG standards.
Nouveau Monde Graphite Inc. (NYSE: NMG) has made significant progress in its Phase-1 coating module, targeting commissioning by mid-2022 for a 2,000-tpa capacity anode material production. The Phase-2 Bécancour Battery Material Plant and Matawinie Mine feasibility study is ongoing, with updates expected in Q2-2022. With a year-end cash position of $62.3M, NMG is securing financing and has received letters of interest from Export Credit Agencies. The company holds a 2.61 OSHA rate and has a A2 Sustainability Rating from Moody’s.
Nouveau Monde Graphite Inc. (NMG) has opened a new corporate office in New York City to enhance its engagement with the U.S. investment community. The company appointed Marc Jasmin as Director of Investor Relations, focusing on institutional investors and Canadian markets. NMG has also partnered with Matrix Advisors, appointing Mark Mitchell to support its U.S. investor relations strategy. Additionally, NMG is set to ring the NYSE Closing Bell on March 23, 2022, marking its commitment to growth in the battery and electric vehicle sectors.
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