Nouveau Monde Graphite Inc. is ramping up its efforts in Bécancour, Québec, to implement its Phase-2 Bécancour Battery Materials Plant. To meet its expected needs for a skilled workforce, construction contractors, and product and service suppliers, NMG is actively engaged in regional development initiatives in the areas of training and procurement. The Company is also continuing its engineering, permitting, and [...]
Mason Resources Inc. congratulates Nouveau Monde Graphite Inc. on its truly groundbreaking milestones, securing unprecedented binding offtake agreements with both Panasonic Energy and GM, as well as securing strategic financings. Mason is proud to be a 9.25% strategic shareholder of NMG . The three press releases issued earlier today can be found on NMG's website at the following: NMG Announces Offtake Agreement with GM [...]
Nouveau Monde Graphite Inc. and Panasonic Energy Co., Ltd. , a wholly owned subsidiary of Panasonic Holdings Corporation , have entered into a binding offtake agreement pursuant to which NMG will supply 18,000 tonnes per annum of its planned Phase-2 active anode material production to Panasonic Energy for an initial period of seven years. In addition to the Offtake Agreement, NMG and Panasonic also entered into a [...]
Nouveau Monde Graphite Inc. and General Motors Holdings LLC , a wholly owned subsidiary of General Motors Co. , have agreed to sign a supply agreement upon closing of the Tranche 1 Investment, in which NMG will provide 18,000 tonnes per annum of its expected Phase-2 active anode material output to GM upon reaching full production for an initial term of six years. In complement to the Supply Agreement, NMG and GM entered [...]
On the back of agreed-upon offtake agreements with Panasonic Energy Co., Ltd. , a wholly owned subsidiary of Panasonic Holdings Corporation , and General Motors Holdings LLC, a wholly owned subsidiary of General Motors Co. , Nouveau Monde Graphite Inc. has rallied Mitsui & Co., Ltd and Pallinghurst Bond Limited for an aggregate combined investment of US$87.5 million to advance its development toward commercial operations [...]
Mason Resources Inc. is pleased to announce that it closed today the sale of the Lac Guéret Property, targeted for the development of the Uatnan Mining Project, pursuant to the previously announced asset purchase agreement dated January 21, 2024 with Nouveau Monde Graphite Inc. . In consideration for the sale of the Lac Guéret Property, Mason received 6,208,210 common shares of NMG, representing approximately 9.25% of the [...]
Nouveau Monde Graphite Inc. is pleased to announce the closing of the previously announced acquisition of the entire Lac Guéret property, targeted for the development of the Uatnan Mining Project, contemplated under an asset purchase agreement with Mason Resources Inc. dated January 21, 2024. NMG acquired 100% of Mason's Lac Guéret property, which consists among other things of 74 map-designated claims totalling 3,999.52 [...]
Mason Resources Inc. is pleased to announce having entered into an asset purchase agreement dated January 21, 2024 with Nouveau Monde Graphite Inc. for the sale of the Lac Guéret Property, targeted for the development of the Uatnan Mining Project. In consideration for the sale of the Lac Guéret Property, Mason will receive 6,208,210 common shares of NMG, representing a 143% premium on the implied market value of the Lac [...]
Nouveau Monde Graphite Inc. has entered into an asset purchase agreement with Mason Resources Inc. for the acquisition of the entire Lac Guéret Property, targeted for the development of the Uatnan Mining Project. The transaction strengthens the Company's long-term vision to be a dominant force in the supply of carbon-neutral anode material for the Western market. NMG's active commercial discussions with tier-1 battery and [...]
Nouveau Monde Graphite Inc. announces today the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New York Stock Exchange , the accrued interests owed to Investissement Québec, Pallinghurst Bond Limited and Mitsui & Co., Ltd. for the fourth quarter of 2023 under the unsecured convertible notes, as amended [...]
Nouveau Monde Graphite Inc. has been identified as "Industry Leading" in Benchmark Mineral Intelligence's latest ESG assessment of critical minerals for battery materials focusing on natural graphite. The Sustainability Index developed by Benchmark's team of expert ESG analysts aims to inform battery and electric vehicle manufacturers on the environmental, ethical, and sound management practices of producers in a push [...]
New market dynamics set favorable conditions for Nouveau Monde Graphite Inc. as the Company maintains operational, commercial and financing focus on advancing its development to the final-investment-decision stage for its Phase-2 commercial facilities. The Company reports steady progress on negotiations of multiyear offtake agreements with top-tier battery and electric vehicle manufacturers at a period of newly announced [...]
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