NMG Secures Multiyear Offtakes and total US$87.5 Million Investment from Anchor Customers and Strategic Investors to Underpin its Phase 2 Ore-to-Battery-Material Graphite Operations
On the back of agreed-upon offtake agreements with Panasonic Energy and General Motors, Nouveau Monde Graphite has rallied Mitsui and Pallinghurst for an aggregate combined investment of US$87.5 million to advance its development toward commercial operations.
NMG Provides Quarterly Update: Changing Market Dynamics and Intensified Commercial Negotiations Underpin Phase-2 Growth
New market dynamics set favorable conditions for Nouveau Monde Graphite as the Company maintains operational, commercial and financing focus on advancing its development to the final-investment-decision stage for its Phase-2 commercial facilities.
NMG Selects Pomerleau for Construction Management Preparation of its Phase-2 Facilities: Focus on Efficient, Cost-Optimized, and Safe Execution once FID is Reached
Nouveau Monde Graphite furthers its execution readiness for the construction of its Phase-2 commercial facilities, the Matawinie Mine and the Bécancour Battery Material Plant, with the appointment of Pomerleau as Construction Manager for the pre-construction stage.
NMG Advances Electrification Efforts: Confirmed Hydropower Supply and Progress on Collaboration with Caterpillar
Nouveau Monde Graphite reports advancement on its electrification program for the Phase-2 Matawinie Mine and Bécancour Battery Material Plant. Leveraging Québec’s clean power grid, NMG has confirmed electrical capacity and competitive rates, and defined zero-exhaust emission equipment deployment with Caterpillar.
