Nouveau Monde Graphite (NMG) Update - Feb 25

[dan_s]

NMG will be hosting a Houston luncheon for us on March 27.

Today's press release:
In preparation for its commercial Phase 2, Nouveau Monde Graphite has acquired the brownfield site and industrial facilities adjacent to its greenfield site in Bécancour, Québec. The purchase enables the Company to deploy the first stage of its refining operations to fulfill Panasonic Energy’s 13,000-tpa active anode material offtake and reinforces NMG’s presence in Bécancour, at the heart of the Canadian battery hub and two hours from the Matawinie Mine.

HIGHLIGHTS
> Brownfield site enabling NMG to accelerate the construction and commissioning of a first stage Bécancour Battery Material Plant to fulfill Panasonic Energy’s 13,000-tpa active anode material offtake
> Strategic acquisition of 143,000-m2 site with large industrial building directly adjacent to NMG’s greenfield site, at the heart of Bécancour’s multimodal industrial park
> Two-stage approach to building refining operations enables NMG to optimize costs, reduce risks, shorten time-to-market and revise sales mix in line with commercial deals