NMG and Panasonic Energy Update Their Commercial Agreement; Plan to Launch a Dedicated Initial Capacity of Active Anode Material Production
Nouveau Monde Graphite and Panasonic Energy have successfully revised and updated their multiyear binding offtake with the objective of advancing the production of active anode material.
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 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.
NMG Pays Accrued Interests
Nouveau Monde Graphite announces the payment of accrued interests as part of a previously announced private placement.
NMG and Panasonic Energy Announce Progress Update on Technological and Commercial Collaboration as Canada and Japan Reinforce Trade Relationship for a Low-Carbon Economy
Nouveau Monde Graphite and Panasonic Energy diligently progress through their technological engagement and commercial discussions toward a definitive offtake agreement on the foundation of their framework agreement targeting NMG’s fully integrated ore-to-anode-material production.
