FROM ORE TO BATTERY MATERIALS
NMG is developing a turnkey natural graphite operation to supply the Western market with active anode material. Thanks to its abundant mineral resources and proprietary clean technologies, NMG is on track to become North America’s largest producer of natural graphite.
Matawinie
Mine and concentrator
Phase 1
In operation
Phase 2
Planned production of 103,000 tpa of graphite concentrate over 25 years
Bécancour
Battery materials plant
Phase 1
In operation
Phase 2
Planned production of 43,000 tpa of active anode material
Uatnan
Mine and concentrator
Mining project in development
Phase 3
Contemplated production of 500,000 tpa of graphite concentrate over 24 years
Thanks to our phased execution strategy, we ensure the responsible, low-risk development of our fully integrated value chain.
COMMERCIALIZATION IN DEVELOPMENT
Our Phase-2 integrated commercial operations includes the Matawinie Mine and the Bécancour Battery Materials Plant, both of which are within 150 km of Montréal, Québec.
Our 2022 Feasibility Study confirmed our project’s attractive economics thanks to robust operational parameters, a large mineral property, NMG’s proprietary technologies, full vertical integration, and clean hydroelectricity powering our operations.
61.7M
Tonnes of probable reserve at a 4.23% Cg average grade
1.16:1
Stripping ratio (LOM)
25 years
Life of mine (LOM)
103 ktpa
Annual graphite concentrate production (LOM)
43 ktpa
Annual production of active anode material
99.95% Cg
Purity of advanced materials
With its proactive sustainability standards, NMG is committed to making its mining equipment and ore concentration and processing equipment fully electric/zero-emission. The base case of the Feasibility Study is a diesel operation and includes the opportunity to develop a zero-emission fleet aiming for a transition when the equipment reaches viable technical and economic parameters. This operating model, ONE OF THE 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.
We are diligently advancing our Phase 2 with detailed engineering, preparatory work, construction planning, and the procurement of equipment and services.
GROWTH IN PLANNING
NMG is actively planning its Phase 3 expansion to meet the growing demand from Western markets. The Uatnan Mining Project, also located in Québec, has demonstrated attractive potential for the production of around 500,000 tonnes of graphite concentrate per year, making it ONE OF THE WORLD’S LARGEST NATURAL GRAPHITE PROJECTS.
MATAWINIE MINE
NMG owns a 100% interest in the Matawinie graphite property located in Saint-Michel-des-Saints, 120 km north of Montréal, Quebec.
The Matawinie Mine has demonstrated exceptional potential thanks to its large mineral reserve, our sustainable engineering, a skilled workforce, quality infrastructure, hydroelectricity, and a dynamic regional ecosystem.
Thanks to our partnership with Caterpillar, the Matawinie Mine is about to become a zero-emission open-pit mine.
BÉCANCOUR BATTERY MATERIALS PLANT
NMG is establishing its advanced manufacturing plant in Bécancour, Québec, to produce active anode material. The site is located in an industrial park, AT THE HEART OF QUEBEC’S BATTERY HUB, near a major port on the St. Lawrence River, about 150 km northeast of Montréal.
Solid local infrastructure provides us with a direct supply of chemicals in addition to affordable hydroelectricity, a skilled workforce, and a multi-modal logistics base close to U.S. and European markets.
UATNAN MINING PROJECT
Wholly owned by NMG, the Uatnan Mining Project in Québec’s Côte-Nord region is one of the world’s largest natural graphite projects.
We have launched a ROBUST AND PRAGMATIC DEVELOPMENT process starting with a preliminary economic assessment that has confirmed the project’s technical feasibility and economic viability.
As with our current operations, NMG is committed to promoting best practices in environmental assessment, eco-engineering, collaboration with First Nations, and stakeholder engagement.
OUR INNOVATION AREA: QUÉBEC, CA
SET FOR SUCCESS
NMG’s strategic location is an ideal environment for us to develop and grow our integrated operations for booming 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 lithium-ion/electric hub
Established mining-sector leadership
Clean, affordable and renewable hydropower
Diverse and skilled workforce
Financial levers to support investment
We also benefit from a shareholder base of government agencies, institutions, anchor customers and strategic investors who are ready to support our development.
LEVERAGING CLEAN HYDROPOWER
Québec has vast water resources from its 500,000 lakes and 4,500 rivers that power the entire province with abundant, green, and affordable energy.
WALKING THE TALK
With graphite playing such an important role in the energy transition, NMG is embracing responsible production from the extraction and concentration of ore to the production of advanced materials.
We advancing our electrification strategy to develop a zero-emission open-pit mine while bringing to market carbon-neutral products that drive sustainability into the electric vehicle and stationary energy storage value chain.
The base case of the Feasibility Study is a diesel operation, with the opportunity to develop a zero-emission fleet aiming for a transition when the equipment reaches viable technical and economic parameters.
*Scope 1, scope 2 and a portion of scope 3
HELP US BUILD A SUSTAINABLE FUTURE
MAXIMIZING LOCAL BENEFITS
NMG is committed to maximizing the local and regional benefits of our projects through training, employment, and business opportunities with First Nations and local communities.
We manage our procurement through a centralized process that upholds NMG’s environment, quality, and health and safety programs.
