Matawinie Graphite Mine PROJECT
Quality, Quantity & Access
Nouveau Monde owns a 100% INTEREST in the Matawinie graphite property located in Saint-Michel-des-Saints, 150 km north of Montréal, Québec.
The Matawinie Graphite 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.

Economic Highlights
In October 2018, Nouveau Monde released results of a National Instrument 43-101 feasibility study covering the West Zone deposit of the 7,543.86 hectares (ha) Tony Claim Block, part of the Company’s 11,360 ha Matawinie graphite property. The report titled, NI 43-101 Technical Feasibility Study Report for the Matawinie Graphite Project, with an effective date of July 10, 2018, demonstrated a pre-tax net present value (NPV) of CAD$1,287 Million and internal rate of return (IRR) of 40.6 % and after-tax NPV of CAD$751 Million and IRR of 32.2%, for the all-electric open pit Matawinie Graphite Mine Project.
Concentrate Production
Pre-Tax NPV @ 8%
Post-Tax NPV @ 8%
Initial CAPEX
(Incl. 12.4% contingency)
(first 5 years)
OPEX
Mineral Resource Estimate
Nouveau Monde updated its pit-constrained Mineral Resource Estimate (the “Current Resource”) leading to a 25.6% INCREASE in the combined Measured and Indicated Mineral Resource categories with a minimal change to the pit footprint and mineralization that remains open.
Pit-Constrained Mineral Resource Estimate for the West Zone (1)
Current Resource (March 19, 2020)8
Resource Category2 | Tonnage (Mt)5,7 |
Grade (% Cg)3 |
Cg (Mt) |
---|---|---|---|
Measured | 24.5 | 4.27 | 1.05 |
Indicated | 95.8 | 4.26 | 4.08 |
Measured & Indicated9 | 120.3 | 4.26 | 5.13 |
Inferred4 | 4.5 | 4.43 | 0.20 |
Previous Resource (June 27, 2018)8
Tonnage (Mt)5,7 |
Grade (% Cg)3 |
Cg (Mt) |
---|---|---|
0 | 0 | 0 |
95.8 | 4.28 | 4.10 |
95.8 | 4.28 | 4.10 |
14.0 | 4.19 | 0.59 |
Open-Pit Mineral Reserves Estimate for the West Zone (1)
Reserve Category2 |
Tonnage (Mt)4,5 | Grade (% Cg)3 | Cg (Mt) |
---|---|---|---|
Proven | 0 | 0 | 0 |
Probable2 | 59.8 | 4.35 | 2.52 |
Proven & Probable5 | 59.8 | 4.35 | 2.52 |
Operational Highlights
Tonne/Year graphite concentrate production
Tonnes of probable reserve at a 4.35% Cg average grade
Graphite miling recovery
Finished product concentrate purity
Stripping ratio (LOM)
Start of construction
Dedicated to stringent sustainable development standards, Nouveau Monde 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.
De-Risking the Project
In addition to establishing a social licence to operate, we have been operating a demonstration plant since Q4-2018 in Saint-Michel-des-Saints to:
Qualify products and establish a sales record;
Test and improve processes for optimization of proposed production;
Recruit and train employees ahead of commercial operations.
Advanced 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 optimize savings across the value chain and ensure full traceability of products, we are working to establish a vertically integrated business model to deliver battery anode materials and advanced materials directly to the market.
Nouveau Monde’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 micronisation, spheronisation, purification, and coating transformation units, Nouveau Monde’s planned secondary transformation plant is being engineered to produce a wide range of value-added graphite-based materials.
At this modular facility, we are targeting 42,000-tpa production of coated spherical purified graphite for the initial phase, with a capacity to reach 100,000 tpa as projected demand increases in battery and specialty markets. The proposed plant is designed to be efficient, carbon-neutral and virtually waste-less, bringing to market a truly sustainable product.
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.

