Business
NMG Provides a Quarterly Update on the Advancement of its Phase-2 North American Graphite Production
Multi-year offtake agreements and term sheet arrangements, including take-or-pay provisions, with...
About this update from Nouveau Monde Graphite Inc
[{"type":"text","content":"NMG Provides a Quarterly Update on the Advancement of its Phase-2 North American Graphite Production\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdecimal { list-style-type: decimal }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor1 { background-color: #d3d3d3 }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignm { vertical-align: middle }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth12 { width: 12% }\n.bwwidth20 { width: 20% }\n.bwwidth40 { width: 40% }\n.bwwidth44 { width: 44% }\n \n\n\n\n\n Multi-year offtake agreements and term sheet arrangements, including take-or-pay provisions, with tier-1 commercial partners to supply and market NMG’s Phase-2 future production to strategic industries in North America, Europe and allied countries, providing market diversification and reducing project risks.\n \n\n Matawinie Mine project financing process progressing well with due diligence exercises nearing completion and long-form term sheet negotiations ongoing ahead of respective lenders’ credit committees.\n \n\n Progress on Phase-2 Matawinie Mine procurement through finalization of supply agreements for equipment packages, negotiation of contracts with key suppliers, and the launch of tenders for the construction phase.\n \n\n Segregated and updated Feasibility Study results covering the Phase-2 Matawinie Mine in light of NMG’s new commercial plans potentially covering almost 100% of the future production.\n \n\n Advancement in engineering, technological development, and project optimizations for an initial capacity of the Phase-2 Bécancour Battery Material Plant.\n \n\n Recruitment of Arnaud Quatannens as Senior Director of Engineering, Battery Materials Plant to support the technical development of NMG’s processing activities.\n \n\n Twelve-month rolling total recordable injury frequency rate (“TRIFR”) o...