Vertically integrated operation
NMG is developing a turnkey natural graphite operation with competitive advantages due to its privileged location, vertical integration, cost structure, ESG credentials and experienced team.
The Company’s Phase-2 Matawinie Mine and Bécancour Battery Material Plant projects, located within a 150-km radius of Montréal, Québec, show attractive economics and robust operational parameters underpinned by a large mineral property, NMG’s proprietary technologies, and clean hydroelectricity powering its operations.
Operational Highlights
As per 2022 feasibility Study
Tonnes of probable reserve at a 4.23% Cg average grade
Stripping ratio (LOM)
Life of mine (LOM)
Average recovery
Average annual graphite concentrate production (LOM)
Finished product concentrate purity
Annual production of anode material
Annual production of purified jumbo flakes
Purity of advanced materials
Dedicated to stringent sustainable development standards, NMG is committed to having both its equipment used for mining operations and its ore concentration and processing activities become fully electric within the first five years of production. This operating model, A WORLD’S FIRST FOR AN OPEN-PIT MINE, represents a potential reduction of over 300,000 tonnes of CO2 emissions over the mine’s lifespan.
Matawinie Mine PROJECT
Quality, Quantity & Access
NMG owns a 100% INTEREST in the Matawinie graphite property located in Saint-Michel-des-Saints, 150 km north of Montréal, Québec.
The Matawinie Mine project demonstrates exceptional potential due to its significant HIGH-PURITY MINERAL RESERVE and low-cost operational model. Skilled workforce, high-quality infrastructure, including paved roads and hydroelectricity, as well as the dynamic regional business ecosystem provide a robust milieu for the development of the property.
Pit-Constrained Mineral Resource Estimate for the West Zone (1)
Current Resource (May 20, 2022)7
| Resource Category2 | Tonnage (Mt)5,6 |
Grade (% Cg)3 |
Cg (Mt) |
|---|---|---|---|
| Measured | 28.5 | 4.28 | 1.22 |
| Indicated | 101.8 | 4.26 | 4.33 |
| Measured & Indicated | 130.3 | 4.26 | 5.55 |
| Inferred4 | 23.0 | 4.28 | 0.98 |
Mineral Reserves Estimate for the West Zone
|
Reserve Category |
Tonnage (Mt) | Grade (% Cg) | Cg (Mt) |
|---|---|---|---|
| Proven | 17.3 | 4.16 | 0.7 |
| Probable | 44.3 | 4.26 | 1.9 |
| Proven & Probable | 61.7 | 4.23 | 2.6 |
De-Risking the Project
In addition to supporting a social licence to operate, we have been operating a Phase-1 plant since 2018 in Saint-Michel-des-Saints to:
bécancour battery Materials Plant
From Mine to Market
Graphite sourced from our Matawinie property constitutes a high-purity, battery-grade material to supply the lithium-ion industry.
To maximize margins across the value chain and ensure full traceability of products, we are working to establish a vertically integrated business model to deliver anode material and advanced materials directly to the market.
NMG’s proposed value-added operations will be located in an industrial park and near a major shipping port in Bécancour, Québec, approximately 150 km northeast of Montréal, on the Saint Lawrence River. The robust local infrastructure provides us with direct supply of required chemicals in addition to affordable hydroelectricity, skilled workforce, and a multi-modal logistical base in proximity to U.S. and European markets.
State-of-the-Art Technological Platform
Thanks to our proprietary transformation processes and a license to commercialize Hydro-Québec’s battery material technologies, Nouveau Monde is expected to deliver 99.95+%-pure advanced graphite materials.
Regrouping onsite shaping, purification, and coating units, NMG’s planned beneficiation plant is being engineered to produce a wide range of value-added graphite-based materials. At this modular facility, we are targeting a production of 43 ktpa of coated spherical purified graphite and 3 ktpa of purified jumbo flakes for the battery and specialty markets.
Economic Highlights
In 2022, NMG released the results of its feasibility study completed in accordance with the National Instrument 43-101 for its integrated business operation comprised of the Phase-2 Matawinie Mine and Bécancour Battery Material Plant projects.
Combined operational parameters for a projected annual average production of 103,328 tpa of high-purity flake graphite concentrate at the Matawinie Mine and 42,616 tpa of anode material plus 3,007 tpa of purified jumbo flakes at the Bécancour Battery Material Plant, using a portion of Matawinie’s production as feedstock, indicate an after-tax net present value of C$ 1,581 million and internal rate of return of 21%.
Our Playground: QuÉbec, CA
Set for Success
Nouveau Monde’s strategic location provides the perfect background for the development and growth of our integrated operations catering to growing markets.
World-renowned environmental standards
Stable, pro-business jurisdiction
At the market’s doorstep
R&D powerhouse
Free trade agreements with 40+ countries
Rapidly developing local lithium-ion/electric hub
Established mining leadership
Clean, affordable and renewable hydropower
We benefit from an extremely supportive governmental and institutional shareholder base to underpin our development.
Leveraging Clean Hydropower
Quebec has vast hydraulic resources, some 500,000 lakes and 4,500 rivers, that power the entire province and adjacent states with an unlimited, green, and affordable source of energy.
Walking the Talk
With graphite playing such an important role in the energy transition, Nouveau Monde is embracing all-electric operations from the extraction and concentration of the mineral to the production of advanced materials.
We are set to become the world’s first all-electric open-pit mine – a feat of its own – but most importantly, we plan to bring to market products with a carbon-neutral footprint to help drive sustainability into the electric vehicle and stationary energy storage value chain.
