Business
Sales Across Three Continents, an Important Step in the Commercialization of Advanced Carbon-Neutral Materials
Commercialization of carbon-neutral advanced materials is well progressed across all NMG’s key markets, from electric vehicles to energy storage, refractories a
About this update from Nouveau Monde Graphite Inc
[{"type":"text","content":" Commercialization of carbon-neutral advanced materials is well progressed across all NMG’s key markets, from electric vehicles to energy storage, refractories and niche segments Nouveau Monde is ideally situated to cater to the booming electric vehicle and energy storage markets as a clean and reliable alternative to China’s controlled supply chain SAINT-MICHEL-DES-SAINTS, Québec, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Following a year of intensified marketing and technical sales activities, Nouveau Monde Graphite (“Nouveau Monde” or “the Company”) (TSXV: NOU; OTCQX: NMGRF; Frankfurt: NM9) confirms its position in North American, European and Asian markets. To date, sales agreements to these markets have delivered hundreds of tonnes of high-quality graphite, produced from the Company’s simple demonstration concentration process with purities exceeding 97%. The basket price received per tonne of flake graphite has been in excess of US$1,500 per tonne, without downstream value-added processing. Qualification by electric vehicle OEMs in the high-value anode material market In addition to sales, the Company is currently under several NDAs with major electric vehicle OEMs qualifying its carbon-neutral advanced materials for lithium-ion batteries. Nouveau Monde has developed proprietary value-added processes which uses the Company’s unique properties to fulfill customized applications for electric vehicles and energy storage solutions. Developing other markets through qualification programs The Company has also entered into qualification agreements for purified flakes and micronized graphite, value-added material suitable for expandable graphite, fuel cell applications and 5G-related technologies, among others. Ongoing research and development At the forefront of research and development, Nouveau Monde has established technological partnerships with confidential customers for co-development of other graphite-based advanced materials. This progress is possible due to Nouveau Monde’s superior quality (broad flake distribution and high purity) of natural flakes extracted from the Company’s world-class graphite deposit and clean transformation processes which is highly sought after across a range of high-value markets. Nouveau Monde’s high-purity flake enables direct sale to traditional and specialized markets as well as enabling easy and lo...