Nouveau Monde Graphite (NMG) Update - Oct 5

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dan_s
Posts: 34463
Joined: Fri Apr 23, 2010 8:22 am

Nouveau Monde Graphite (NMG) Update - Oct 5

Post by dan_s »

Nouveau Monde Graphite will be hosting our next live webinar on Tuesday, October 12

Nouveau Monde Commissions State-of-the-Art Laboratory to Further its Proprietary Battery Technology Research and Development; Hires New Senior Scientists
Nouveau Monde is completing the commissioning of its state-of-the-art laboratory at its demonstration plant, an addition to the Company’s existing quality testing facilities. This expansion is triggered by Nouveau Monde’s commitment to catering to the market’s requirements for high-performing and environmentally responsible battery materials that can be tailored to a variety of specifications for electric vehicles (“EV”) and energy storage usage.

HIGHLIGHTS

Nouveau Monde commissions its advanced R&D facility at its premises in Saint-Michel-des-Saints
The new laboratory will provide Nouveau Monde with the in-house capacity for testing advanced anode material and providing customized specifications to battery and EV manufacturers
Nouveau Monde has recruited two additional leading scientists, expanding its R&D and technical team to 25 professionals – including six PhDs and 18 engineers
Nouveau Monde formed a Scientific Advisory Committee to advance and expand its research portfolio and capabilities
Nouveau Monde’s proprietary technologies and R&D program is a critical competitive advantage, as it furthers the qualification process of its anode material with the world’s leading end-users for lithium-ion batteries

Arne H Frandsen, Chairman: “Today’s investment in R&D is tomorrow’s competitive advantage in the marketplace. We continue our confidential and proprietary development efforts with a view to supporting the world’s leading lithium-ion battery makers and intend to continue investing in cutting-edge technology with the support of best-in-class scientists and engineers. Nouveau Monde’s mission is to engineer graphite-based advanced solutions to power a decarbonized future.”

Eric Desaulniers, President & CEO: “EV and battery manufacturers are seeking advanced solutions that provide the ideal combination of quality, performance, cost, weight, carbon footprint, material interaction, and countless other factors. In-house R&D capability represents an advantage in catering to our potential customers’ requirements while continuing to advance our products portfolio for the growing battery supply chain industry. At the forefront of technology advancements, Nouveau Monde is positioning itself as more than a graphite producer; we are one of the Western World’s leading advanced battery material developers striving to deliver the greenest graphite-based solutions. We are delighted to welcome M.V. Reddy and Neel to the team as we advance our beneficiation operations. Their expertise will help further enhance our processes and product specs.”
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 34463
Joined: Fri Apr 23, 2010 8:22 am

Re: Nouveau Monde Graphite (NMG) Update - Oct 5

Post by dan_s »

Here is NMG's Business Plan

2017-2022
“DE-RISKING”
» Demonstration facilities for fully-integrated operations
» Produce 2,000 tonnes of anode material
» Construction of the world’s first all-electric open-pit mine (Matawinie)

2023-2025
EXECUTION
» Produce 45,000 tonnes per annum of anode material and purified jumbo graphite flake
» By 2025 the Matawinie mine in Quebec should be producing 100,000 tonnes per year of high-purity flake (largest in the Western World)
» International expansion: construction of a European / U.S. anode material facility

2025+
GROWTH
Planning underway to potentially:
» Expand anode material production beyond Phase 2 45,000 tonnes
» Commission a European / U.S. anode material facility
» Expand Matawinie graphite production to feed increased anode material production
Dan Steffens
Energy Prospectus Group
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