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Stock impact report

NMG Provides a Quarterly Update: Disciplined Execution Backed by Strong Integrated Team, Commercial Agreements with Anchor Customers and Favorable Market Conditions

Nouveau Monde Graphite Inc. Common Shares (NMG) 
Company Research Source: Business Wire
Accelerated engineering of Phase-2 facilities to update the results of the Company’s integrated ore-to-anode-material feasibility study in view of the specific requirements from Panasonic Energy and GM, CAPEX optimization, and other project planning developments, in preparation for FID.Preliminary work is ongoing at the Phase-2 Bécancour Battery Material Plant site in preparation for the launch of construction.Progress on the development of zero-emission equipment for the Matawinie Mine by Caterpillar as a result of direct involvement from respective technical and mining teams informing an integrated solution tailored to NMG’s site.Approval by the regulatory body of the powerline path set to connect the Matawinie Mine to the hydropower network.NMG was awarded a $500,000 research grant to advance the development of versatile next-generation active anode materials.Continued commercial engagement with tier-1 battery and EVs manufacturers for the balance (approximately 15%) of the Phase-2 Show less Read more
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