Our Roadmap to Zero-Exhaust Emission Mining

18 September 2023 -

NMG executives visits Caterpillar and Strengthen their Zero-Exhaust Emission Collaboration Through Definitive Agreements for Sourcing the Matawinie Mine’s Fleet and Infrastructure, Plus an Offtake MoU Targeting NMG’s Battery Materials

Since 2021, NMG and Caterpillar, one of the world’s largest manufacturers of construction and mining equipment, are collaborating to develop, test, and supply an integrated all-electric fleet for the Matawinie Mine.

NMG’s and Caterpillar’s technical teams are actively engaged in assessing technology opportunities and planning the all-electric fleet development and testing for the Phase-2 Matawinie Mine. The goal: deploying a complete and integrated zero-exhaust emission solution that covers fleet, infrastructure, and service by the fifth year of commercial operation at Matawinie.

Caterpillar is set to be NMG’s exclusive supplier of heavy mining equipment, supporting the progressive transition from traditional models to Cat® all-electric machines as they become available. The agreement encompasses machines such as hydraulic excavators, mining trucks, wheel loaders, dozers, and motor graders, but also charging and energy storage infrastructure as well as equipment maintenance services.

Moreover, NMG and Caterpillar advance commercial discussions targeting NMG’s active anode material. A full circular value chain could be established whereas NMG would supply carbon-neutral graphite materials to Caterpillar for the development of its secure, resilient, and sustainable battery supply chain that would serve to electrify heavy vehicles, including NMG’s Matawinie fleet.

“Not only will we benefit from Caterpillar’s stellar expertise, renowned products, and latest technological developments, but our team will also be at the forefront of the electric revolution in the sector, sharing insight, testing equipment for further optimization, and providing battery materials to support electrification beyond our mine. This collaboration truly reflects our vision for leadership and unified efforts to advance responsible mining practices and global decarbonization. I salute the commitment of Denise Johnson, Group President, Resource Industries, and Caterpillar’s team, without which our ambition would not have materialized so efficiently.”

– Eric Desaulniers, President & CEO

This collaboration is a concrete example of NMG’s commitment to environmental stewardship.

Executive team posing for the camera

NMG leaders attended Caterpillar’s Sustainability Showcase where new equipment and technologies, such as the battery‑electric Cat® 793 mining truck, were displayed. Through this leading collaboration, NMG is directly contributing to the technological advancement of emission-free heavy vehicles.

Media

Julie Paquet
VP Communications & ESG Strategy
+1 450-757-8905
 extension 140

Investors

Marc Jasmin
Director, Investor Relations
+1 450-757-8905
 extension 993