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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) 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.
Nouveau Monde Graphite Inc. (NYSE: NMG) has announced the grant of 225,000 stock options to an officer at a price of
Nouveau Monde Graphite Inc. has filed a prospectus supplement for a new at-the-market equity offering, allowing the sale of up to US$75 million in common shares. Canaccord Genuity leads the offering, with B. Riley and Roth Capital Partners as co-agents. Proceeds will be directed towards the development of the Matawinie graphite mine and the Bécancour battery material plant, along with general operational costs. The offering operates under the terms of a Distribution Agreement dated January 21, 2022.
Nouveau Monde Graphite Inc. has appointed Bernard Perron as the new Chief Operating Officer, effective January 17, 2022. With over 25 years of experience in energy infrastructure, he previously managed over $8 billion in projects, including a $4.1 billion industrial complex. Perron will lead engineering, procurement, construction, and operations for the company’s battery-material business model. His hiring aligns with the advancement of the Matawinie mining project and the Bécancour battery material plant, aiming to establish North America's largest natural graphite operation.
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