Nouveau Monde Graphite - Jan 21

Nouveau Monde Graphite - Jan 21

Postby dan_s » Thu Jan 21, 2021 11:12 am

Construction Commenced of Phase 1 Purification Facility for Lithium-Ion Battery Material in Bécancour and the Land for Phase 2 Expansion Is Now Successfully Acquired < See our last webinar to learn how important this is.
We are pleased to provide an update on the buildout of the Phase 1 operation at our move-in ready space located in Bécancour, Québec. We are targeting mid-2021 for the commencement of production of the first tonnes of high-purity spherical graphite destined for the high-growth EV and renewable energy sectors.

HIGHLIGHTS

Nouveau Monde is making significant progress on the advancement of its previously announced Phase 1 purification operation at Olin Corporation’s facility in Bécancour, Québec
Olin’s move-in ready space has proven advantageous in accelerating preparation and construction times
Key major equipment has arrived from Italy and will be installed shortly
Commissioning and first production of Nouveau Monde’s high-purity spheronised and flake graphite for use in lithium-ion batteries is scheduled to commence mid-2021
Successful completion of the strategic acquisition of the 200,000-m² land for the Phase 2 expansion (commercial stage) in the Bécancour industrial park
This important milestone further cements Nouveau Monde’s vertical integration model, allowing the Company to benefit from full exposure to the entire “mine-to-market” battery materials value chain

Besides lithium-ion batteries, Nouveau Monde’s high-purity graphite products will target high-growth markets such as fuel cells, and 5G heat dissipation foils
Dan Steffens
Energy Prospectus Group
dan_s
 
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Re: Nouveau Monde Graphite - Jan 21

Postby dan_s » Thu Jan 21, 2021 11:13 am

Eric Desaulniers
President & CEO

“The commercialisation of our thermochemical purification process is a very important milestone for the Company. To date, we have been able to ship a limited number of kilograms to potential clients, however our Phase 1 operation will allow us to send our customers tonnes of our advanced material. We’re excited but remain clear-headed and focused on the end goal of becoming a tier-1 supplier of anode material for lithium-ion batteries.”
Dan Steffens
Energy Prospectus Group
dan_s
 
Posts: 24706
Joined: Fri Apr 23, 2010 8:22 am


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