In a year that saw accelerated commitments to Net Zero targets and global electrification, Nouveau Monde advanced the development of its fully vertically integrated ore-to-battery-material natural graphite business delivering positive results toward its 2021 goals.
Nouveau Monde is making steady progress along its critical path to develop its fully vertically integrated value chain of anode material, from ore to battery materials, leveraging its Matawinie graphite deposit, proprietary green beneficiation technologies, access to robust infrastructure and clean hydropower, as well as an excellent location at the doorstep of North American and European markets.
Nouveau Monde Graphite continuous advancement in the past year culminated yesterday with the Entrepreneur of the Year Award presented by the Québec Mineral Exploration Association in recognition of the Company’s sustained corporate growth, from exploration to phase-1 production with a view to full-scale commercial operations.
Pallinghurst has converted the full outstanding principal amount of a secured convertible bond in the principal amount of C$15 million to common shares of Nouveau Monde. This decision further demonstrates Pallinghurst’s significant and continuing support for the Company and its ongoing project development initiatives, as it strives to become a key player in the sustainable energy revolution.
As it strives to become a contributor to the energy transition and circular economy, Nouveau Monde is publishing its inaugural ESG Report to disclose its managerial approach to addressing material topics and highlight significant sustainability milestones and indicators.
Nouveau Monde is completing the commissioning of its state-of-the-art laboratory at its demonstration plant, an addition to the Company’s existing quality testing facilities. This expansion is triggered by Nouveau Monde’s commitment to catering to the market’s requirements for high-performing and environmentally responsible battery materials that can be tailored to a variety of specs.
