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Nouveau Monde Graphite Issues Updated Feasibility Study for its Integrated Phase-2 Ore-to-Active-Anode-Material Operations: the Matawinie Mine and the Bécancour Battery Material Plant
Updated Feasibility Study covering NMG’s Phase-2 Matawinie Mine and the Bécancour Battery Material Plant for an integrated production of natural graphite and ac
About this update from Nouveau Monde Graphite Inc
[{"type":"text","content":" Updated Feasibility Study covering NMG’s Phase-2 Matawinie Mine and the Bécancour Battery Material Plant for an integrated production of natural graphite and active anode material within a 150-km radius of Montréal, Québec, Canada. Integrated production model refined and updated in light of technological development, project optimizations, engineering advancement, and updated economic factors. Significant derisking with the adoption of the prevalent purification technology, aligned with established commercial operations worldwide. Updated Feasibility Study indicates an after-tax IRR of 17.5% and NPV of US$1,053 million with revenue reflective of third-party market projection of NMG’s offtakes with Panasonic and GM, and for the balance of production. Results confirm NMG’s Phase-2 technical and economic viability, enabling the Company to enter its project financing stage with a view to FID. Updated Feasibility Study to be presented to targeted lenders, Anchor Customers and institutional equity investors to advance and formalize the project financing and reach FID. Upon a positive FID, NMG’s Phase 2 Matawinie Mine and Bécancour Battery Material Plant could be built and enter commercial production within less than three years. MONTRÉAL / Mar 25, 2025 / Business Wire / Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX: NOU) issues the results of the Updated Technical Feasibility Study Report for the Matawinie Mine and Bécancour Battery Material Plant Integrated Graphite Projects (the “Updated Feasibility Study”) carried out in accordance with the National Instrument 43-101 (“NI 43-101”). Conducted by BBA Inc. and various specialized consultants, the Updated Feasibility Study pulled from NMG’s 2022 Feasibility Study and updated key parameters in light of technological development, project optimizations, engineering advancement, and updated economic factors. NMG’s integrated production model, covering the full value chain from mining to advanced processing, is designed to cater to the North American electric vehicle (“EV”) and energy storage market with a turnkey, local source of natural graphite active anode material. NMG has signed offtake agreements with Panasonic Energy Co., Ltd. (“Panasonic Energy”), a wholly owned subsidiary of Panasonic Holdings Corporation (“Panasonic”) (TYO: 6752), and General Motors Holdin...