Nouveau Monde Graphite (NMGRF) Update - Sept 24

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dan_s
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Nouveau Monde Graphite (NMGRF) Update - Sept 24

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SAINT-MICHEL-DES-SAINTS, QUEBEC, September 24, 2020 – 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 that uses the Company’s unique properties to fulfill customized applications for electric vehicles and energy storage solutions.

Read more: https://nouveaumonde.ca/en/press/sales_ ... alisation/
Dan Steffens
Energy Prospectus Group
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