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Progress Report for Phase 1 and Phase 2 of Nouveau Monde’s Bécancour Battery Anode Material Plants
Nouveau Monde is pleased to report continued progress on its Phase 1 purification plant at Olin Corporation’s facility in Bécancour, Québec, the development is
About this update from Nouveau Monde Graphite Inc
[{"type":"text","content":" Nouveau Monde is pleased to report continued progress on its Phase 1 purification plant at Olin Corporation’s facility in Bécancour, Québec, the development is on time and within budget Commencement of the mechanical and electrical commissioning of the purification unit is scheduled for the end of June with the ramp-up scheduled during second half of 2021 Spherical purified graphite produced in the Company’s plant during H2-2021 will be coated at its supplier facility to accelerate its qualification process with battery makers Construction of the Company’s Phase 1 coating line has commenced and is expected to be commissioned in Q1-2022 facilitating its vertically integrated 2,000 tpa supply of coated spherical purified graphite Engineering firm BBA has been awarded the mandate to complete a definitive feasibility study for the 45,000 tpa Phase 2 Bécancour battery anode plant, building on the company’s FEL-1 Scoping study Ground works have started at the Company’s 200,000 m2 plant site at Bécancour, on which the Phase 2 plant will be located, including geotechnical works for construction and environmental baseline studies MONTREAL, June 08, 2021 (GLOBE NEWSWIRE) -- Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”) (NYSE: NMG; TSXV: NOU; Frankfurt: NM9) is pleased to provide an update of its Phase 1 and Phase 2 projects of its battery anode material plants in Bécancour, Québec. Phase 1 - Purification Plant at Olin’s Bécancour Facility Following the announcement of the project debut on October 27, 2020, the Company is pleased to provide a progress update. The construction is advancing on time and on budget and the main construction activities on site are a few weeks away from being completed. The electrical and mechanical commissioning of the plant is scheduled to start before the end of June. The deployment of the Phase 1 purification facility will place Nouveau Monde among very few companies in North America and Europe with the ability to purify natural graphite in significant scale and is yet another achievement to making the Company a leading producer of fully-integrated carbon-neutral lithium-ion battery anode material. The Company will continue to update the market with progress once commissioning activities commence. Phase 2 - Bécancour’s 45,000 tonne Lithium-Ion Battery Anode Material Plant In parallel to the ...