Nouveau Monde Graphite (NMG) Update - June 27
Posted: Tue Jun 27, 2023 9:56 am
For those of you that own Nouveau Monde Graphite Inc. (NYSE: NMG), the note below was sent out by Zacks this morning:
Dear Investor,
If you've been looking at lithium investment opportunities, STOP!
Another metal is in such short supply...
Its deficit could derail the $7 trillion dollar electric vehicle revolution.
This metal is graphite.
Graphite accounts for over half of the mineral demand in EV batteries, the most of any.
By comparison, lithium accounts for only 4% of demand.
Here are just a few more graphite facts that could make commodity investors salivate:
> A White House report showed that graphite demand for clean energy applications will require 25X more graphite by 2040 than was produced in 2020
> Today, there are NO operating graphite mines in America! (Like lithium, we're at the mercy of China for our supply.)
> The U.S. government is injecting over $135 billion into producing critical metals such as graphite - and pushing battery makers to use raw materials from N. America.
Dear Investor,
If you've been looking at lithium investment opportunities, STOP!
Another metal is in such short supply...
Its deficit could derail the $7 trillion dollar electric vehicle revolution.
This metal is graphite.
Graphite accounts for over half of the mineral demand in EV batteries, the most of any.
By comparison, lithium accounts for only 4% of demand.
Here are just a few more graphite facts that could make commodity investors salivate:
> A White House report showed that graphite demand for clean energy applications will require 25X more graphite by 2040 than was produced in 2020
> Today, there are NO operating graphite mines in America! (Like lithium, we're at the mercy of China for our supply.)
> The U.S. government is injecting over $135 billion into producing critical metals such as graphite - and pushing battery makers to use raw materials from N. America.