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Nouveau Monde Graphite Confirms Its Firm Commitment to Achieving Past, Present & Future Carbon Neutrality, by Launching Its Climate Action Plan for a Zero-Carbon Footprint
Nouveau Monde has taken concrete steps to avoid, reduce and fully offset its Greenhouse Gas emissions by committing to a tailor-made Climate Action Plan With it
About this update from Nouveau Monde Graphite Inc
[{"type":"text","content":" Nouveau Monde has taken concrete steps to avoid, reduce and fully offset its Greenhouse Gas emissions by committing to a tailor-made Climate Action Plan With its goal of a fully electrical mining fleet, and its exclusive use of green hydro generated electricity, Nouveau Monde is set to become one of the world’s lowest carbon footprint battery materials producers In addition, Nouveau Monde is compensating its entire historic emissions, utilizing carbon credits in compliance with the CSA Clean Projects Registry, allowing it to confirm its “carbon-neutral status” The Company is partnering with Québec-based experts NEL-i to develop one of the largest carbon offsetting projects in Eastern Canada in order to secure future supply of carbon credits for the Matawinie Graphite Project as well as Nouveau Monde’s proprietary Bécancour-based anode material plants In addition, Nouveau Monde’s R&D team is developing innovative projects for effective carbon storage solutions that can potentially extend beyond the Company’s own needs Nouveau Monde intends to supply any such excess carbon credits to third parties, further contributing to the global decarbonization effort Nouveau Monde’s firm Zero-Carbon Footprint Commitment is part of the Company’s attractive value proposition to its future Electrical Vehicle clients – guaranteeing carbon-neutral solutions for their anode battery material Based in Canada, Nouveau Monde is expected to become the Western World’s first vertically-integrated, carbon-neutral anode material producer of scale, coming to market with its Matawinie graphite products during 2023 MONTREAL, April 13, 2021 (GLOBE NEWSWIRE) -- 2021 sets the tone for Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”) (TSXV: NOU; OTCQX: NMGRD; Frankfurt: NM9) to become carbon-neutral. Nouveau Monde’s mission is to “produce the greenest advanced graphite materials with a carbon-neutral footprint for a sustainable world” and the Company is continuously striving for excellence in minimizing Greenhouse Gas (“GHG”) emissions and climate impact. A key piece of this GHG-mitigating ambition is the development of 100% renewable electric mining operations on its Matawinie Mine in Saint-Michel-des-Saints. When operational, this will result in 82% less direct GHG emissions from mining. To accelerate its deployment, Nouveau Monde is collabora...