Nouveau Monde Graphite Inc. (TSXV:NOU)Mining
Nouveau Monde Graphite Inc is a junior mining and exploration company that delivers green battery materials to power sustainable energy solutions.
The metals and mining firm acquires, explores, develops, and evaluates graphite mineral projects across Canada.
Nouveau Monde operates on the Matawinie Graphite Mine Project, located approximately 150 kilometers north of Montreal at Saint-Michel-des-Saints.
The company holds a 100 per cent stake in the Matawinie Graphite Project. The operations include mining, exploration and development.
The Matawinie graphite property is fully serviced with proper infrastructure, including road connectivity and hydroelectricity, the Canadian firm claims. In addition, it claims that growing regional businesses can support the development at this project.
Matawinie Graphite Mine project host West Zone deposits, spanning a total area of 7,543.86 hectares in the Tony Claim Block. The metals and mining firm claims that the technical feasibility study report indicates the annual production capacity of 100,000 tons of graphite concentrates. In addition, it says that combined measured and indicated mineral resources at the West Zone is estimated close to 120.3 metric tonnage at 4.26 % Cg grade.
The probable resource at the deposit is near 59.8 MT at a diluted grade of 4.35% Cg.
Nouveau Monde claims to provide zero carbon graphite-based products that is used in different industrial applications, such as:
• Energy storage in lithium-ion batteries and fuel cell technologies
• Refractory products, including crucibles, high-temperature lubricants, carbon additives and alloys.
• Niche markets that require engineering materials, intumescent applications, thermal diffusers, nuclear reactors and insulation.
The graphite producer also claims to offer services like multi-modal logistics for shipping carbon neutral graphite products to customers through rail and road transportation and international shipments from Montreal and Becancour ports.
In June 2021, Nouveau Monde Graphite Inc collaborated with Lithium Recycling to recover and transform recycled graphite and reuse it as anode material for lithium-ion based batteries reportedly.
Also, on June 22, 2021, the firm announced its agreement with Caterpillar to collaborate towards the development of zero-emission solutions for the Matawinie Project.
The firm is dually on listed on TSXV and NYSE under ‘NOU’ and ‘NMG’ stock quotes. In addition, its stocks trade on the Frankfurt Stock Exchange under the trading symbol of ‘NM9A’.
331, rue Brassard Saint-Michel-des-Saints, Québec J0K 3B0