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Nouveau Monde Graphite Identified as Industry-Leading Natural Graphite Producer in Benchmark Mineral Intelligence’s Sustainability Index
NMG tops Benchmark’s newly released Sustainability Index for producer as the only natural graphite producer in the “Industry Leading” category ahead of all West
About this update from Nouveau Monde Graphite Inc
[{"type":"text","content":" NMG tops Benchmark’s newly released Sustainability Index for producer as the only natural graphite producer in the “Industry Leading” category ahead of all Western, African, and Chinese producers Benchmark’s Sustainability Index of graphite producers includes thorough review of ESG practices by its team of expert analysts and global life cycle assessments analyzing the averaged environmental impacts of dominant production routes NMG’s ESG-centered business model includes all-electric mining, proprietary purification ecotechnology, partnered development with communities and First Nations, established carbon neutrality, and progressive reclamation among other proactive sustainability measures An ISO-compliant life cycle assessment of NMG’s planned operations has demonstrated that the Company’s active anode material production is among the cleanest in the world The U.S. & China’s recent trade measures targeting graphite materials reaffirm the importance of responsible sourcing; the Chinese-controlled graphite supply chain now disqualified for EV incentives in the U.S. MONTRÉAL / Dec 06, 2023 / Business Wire / Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG, TSX.V: NOU) has been identified as “Industry Leading” in Benchmark Mineral Intelligence’s (“Benchmark”) 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 (“EV”) manufacturers on the environmental, ethical, and sound management practices of producers in a push toward responsible and transparent production. NMG is the only company to have been qualified in the “Industry Leading” category according to Benchmark’s comprehensive examination of ESG practices, transparency, and engagement. Arne H Frandsen, Chair of NMG, declared: “Legislation, consumer preferences, geopolitics, and industry standards are all converging toward trusted and ESG-compliant sources of critical minerals and advanced materials. Benchmark’s Sustainability Index sheds a new light on these important questions, studying the multiple facets of ESG performance. NMG’s top position, with a significant advance over peers, demonstrates the commitment and depth of our sustainability promise to customers, regulators, and stakeholders. Co...