Battery Metals

Nouveau Monde Graphite Inc. ("Nouveau Monde" or the "Company") ( TSX.V: NOU ; OTCQX: NMGRF ; Frankfurt: NM9 ) is starting 2021 with momentum after a remarkably productive fall season. The Company expects to obtain governmental authorization for its Matawinie graphite project early in Q1, enabling the construction of its commercial facilities, and to complete the construction and commissioning of its proprietary phase 1 purification facility for mid-2021 in Bécancour, Québec.

2021 Goals: Executing the Business Plan

Nouveau Monde's mission is clear: producing the greenest advanced graphite materials with a carbon-neutral footprint for a sustainable world. The Company is the most advanced fully integrated source of green battery anode material in the Western World, becoming the largest and most sustainable graphite operator to serve the energy revolution.

The Company will provide advanced carbon-neutral graphite-based material solutions to the growing lithium-ion and fuel cell markets. With low-cost operations and the highest ESG standards, Nouveau Monde will become a strategic supplier to the world's leading battery and auto manufacturers, ensuring robust and reliable advanced material, while guaranteeing supply chain traceability.

In 2021, Nouveau Monde will advance its mining and battery material transformation projects to the start of commercial activities by 2023. As such, the Company's goals for 2021 include:

  • continued safe operation of production facilities according to the highest health, safety and environmental standards;
  • receipt of the Québec government decree during Q1 to enable the construction of the Matawinie project's commercial facilities in Saint-Michel-des-Saints, Québec;
  • in H1, the construction and commissioning of the phase 1 purification facility in Bécancour, Québec, to produce advanced material for lithium-ion batteries;
  • secure the best long-term strategic partnerships and/or long-term supply agreements from the multiple ongoing discussions and qualification processes with battery makers and OEMs;
  • development of innovative emissions compensation projects in partnership with local communities, in order to demonstrate the Company's well-considered and credible commitment to carbon-neutrality since inception and indeed, for the duration of Nouveau Monde's activities;
  • continuation of employee training and business opportunity promotion programs targeting the Upper Matawinie and Atikamekw communities; and
  • maintain and nurture the Company's relationship with the Upper Matawinie communities, namely Saint-Michel-des-Saints, Saint-Zénon and the Atikamekw First Nation, as well as the Bécancour region to demonstrate with clear actions, that Nouveau Monde's presence is a vector of sustainable socio-economic developments.

Eric Desaulniers, President and CEO of Nouveau Monde stated : "The Nouveau Monde team is proud to have worked relentlessly with a clear vision, since the discovery of our Matawinie deposit in 2015. After five years of effort, our team is excited to have produced a construction-ready project of world-class quality and scale. Developing a large-scale mining and value-added project like Matawinie takes tireless effort by a multi-faceted and highly skilled team. In addition, it can only happen if you have long term supportive investors and stakeholders – including local communities and a supportive Government. At Nouveau Monde, we are fortunate to have assembled this winning combination." Mr. Desaulniers continued : "This year will be an exciting year, as we produce our first anode materials and further the execution of our business strategy, which is set to build a company which is one of the world's largest high quality anode material producers. Our entire team understands the tasks at hand in order to deliver these thousands of tonnes of advanced material to our customers to enable the energy revolution for the good of the environment and the benefit of our economy."

About Nouveau Monde

Nouveau Monde will be a key operator in the sustainable energy revolution. The Company is developing the only fully integrated source of green battery anode material in the Western World. Targeting full-scale commercial operations by early 2023, the Company will provide advanced carbon-neutral graphite-based material solutions to the growing lithium-ion and fuel cell markets. With low-cost operations and the highest ESG standards, Nouveau Monde will become a strategic supplier to the world's leading battery and auto manufacturers, ensuring robust and reliable advanced material, while guaranteeing supply chain traceability.

Media Investors
Julie Paquet
Director, Communications
+1-450-757-8905 #140
jpaquet@nouveaumonde.ca
Christina Lalli
Director, Investor Relations
+1-438-399-8665
clalli@nouveaumonde.ca

Subscribe to our news feed: https://nouveaumonde.group/investors/#news

Cautionary Note Regarding Forward-Looking Information
All statements, other than statements of historical fact, contained in this press release including, but not limited to (I) the positive impact of the foregoing on project economics, and (ii) generally, or the "About Nouveau Monde" paragraph which essentially describe the Corporation's outlook and objectives, constitute "forward-looking information" or "forward-looking statements" within the meaning of certain securities laws, and are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.

Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Further information regarding Corporation is available in the SEDAR database (www.sedar.com) and on the Corporation's website at: www.NouveauMonde.ca


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

Gratomic Inc.

Gratomic Inc.

Gratomic Inc is an advanced materials company. It is focused on low-cost mine to market commercialization of carbon-neutral, eco-friendly, high purity vein graphite and is set to become a key player in EV and Renewable Resource supply chains. The company is in the process of solidifying its plans for the micronization, spheronization, and coating of its Aukam vein graphite. The company is engaged in the acquisition and exploration of assets located primarily in Canada and Namibia.

NMG Provides Quarterly Update as the Company Advances Phases 2 and 3 of Its Growth Plan and Files its Feasibility Study for the Matawinie Mine and Bécancour Battery Material Projects

+ Construction substantially finalized for the Company's Phase-1 coating unit, with commissioning activities initiated; production is scheduled to start towards the end of Q3-2022.

+ Completion of a compliant feasibility study following NI 43-101 rules and guidelines for the Phase-2 Bécancour Battery Material Plant and Matawinie Mine, demonstrating attractive economics with an after-tax net present value of C$ 1,581 million and internal rate of return of 21%.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

Altech Chemicals Ltd Interview with Chief Financial Officer Martin Stein

Perth, Australia (ABN Newswire) - Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) advises that an interview featuring Chief Financial Officer Mr Martin Stein with The Market Herald is now available for viewing on the following YouTube link:

https://youtu.be/htPMFUnMuxw

as well as at the Company's website www.altechchemicals.com.

In the interview, Martin discusses Altech's Preliminary Feasibility Study in relation to its 10,000tpa plant planned to be built in Germany for its patented technology and trademarked battery material product Silumina AnodesTM, a recent visit by Altech's executive management team to Germany, and also provides an update on Altech's Silumina AnodesTM pilot plant currently being constructed in Germany.



About Altech Chemicals Ltd:

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (Al2O3) through the construction and operation of a 4,500tpa high purity alumina (HPA) processing plant at Johor, Malaysia. Feedstock for the plant will be sourced from the Company's 100%-owned kaolin deposit at Meckering, Western Australia and shipped to Malaysia.

HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows and smartphone components. Increasingly HPA is used by lithium-ion battery manufacturers as the coating on the battery's separator, which improves performance, longevity and safety of the battery. With global HPA demand approximately 19,000t (2018), it is estimated that this demand will grow at a compound annual growth rate (CAGR) of 30% (2018-2028); by 2028 HPA market demand will be approximately 272,000t, driven by the increasing adoption of LEDs worldwide as well as the demand for HPA by lithium-ion battery manufacturers to serve the surging electric vehicle market.



Source:
Altech Chemicals Ltd

News Provided by ABN Newswire via QuoteMedia

[subscribe_company_profile use_post="101821931"]

Keep reading...Show less
NextSource Materials Provides Progress Update on Molo Graphite Mine in Madagascar

NextSource Materials Provides Progress Update on Molo Graphite Mine in Madagascar

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to provide a progress update for Phase 1 of the Molo Graphite Mine in Madagascar

The Processing Plant has arrived and been unloaded at the local port of Fort Dauphin in Madagascar and has cleared customs. Company-appointed logistics specialists have now commenced transporting all modules of the Processing Plant, including two mobile cranes, to the mine site. Earthworks at the mine site are complete and civil works are on schedule to be completed by the time the Processing Plant arrives.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less

Altech Chemicals Ltd Update of High Purity Alumina Project

Perth, Australia (ABN Newswire) - Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to provide an update on its Malaysian high purity alumina (HPA) project, and its continuing efforts to close project finance.

Highlights

- KfW IPEX-Bank continues to be in full support of the Company's Malaysia HPA project

- German Government Export Credit Agency Euler Hermes extends US$170m loan cover

- EPC contractor SMS group reiterates support of the HPA project

- Work continues on US$144m Green Gond offer

- Project level equity funding is being advanced by US based DelMorgan

Managing director Iggy Tan, accompanied by executive management, recently completed a visit to Europe.

The visit included a meeting with German government owned KfW IPEX-Bank, during which the bank was briefed on the status of Altech's secondary project finance initiatives - a US$144m green bond offer and the US$100m project level equity funding initiative. KfW IPEX-Bank confirmed its continued support for the project, and its commitment to the senior loan facility of US$190m. Importantly, Euler Hermes, the German government export credit agency, has renewed the US$170m export credit cover (guaranteed) for the KfW IPEX Bank senior loan facility. Both KfW IPEX-Bank and Euler Hermes acknowledged the headwinds facing project finance close from disruptions caused by the pandemic in the last few years as well as the current market uncertainty exacerbated by the Ukraine crisis in Europe.

A meeting was also held with Altech's long-standing strategic engineering partner and metallurgical consultant SMS group GmbH ("SMS"). SMS is contracted to construct the Malaysian HPA plant, and like KfW IPEX-Bank and Euler Hermes, SMS reiterated that it continues to be supportive of the Company's HPA project and looks forward to re-starting work on site. Altech and SMS agreed to extend the long stop date on the HPA plant's EPC contract.

Altech continues to work with London based structuring agent Bedford Row Capital Plc and Perth based Bluemount Capital (WA) Pty Ltd to finalise a US$144m green bond offering. Detailed presentations and discussions with interested parties are ongoing, and these are expected to continue.

In parallel with the bond offering, Altech is continuing with its endeavours to secure commitments for a project equity investment of US$100M. US Based global investment bank DelMorgan & Co. has advanced several leads and potential investors in relation to this. Presentations by Altech and detailed discussions with interested parties are ongoing.

Whilst headwinds in the current equity and financial markets are challenging, management remains committed to the project finance process, and for a positive project finance outcome.

In Malaysia, the HPA plant site within the Tanjung Langsat Industrial Complex remains in sound condition.

Regular site maintenance work is undertaken and permanent site security is in place. The already constructed maintenance workshop, electrical substation and storm water management infrastructure remain in as-constructed condition.



About Altech Chemicals Ltd:

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (Al2O3) through the construction and operation of a 4,500tpa high purity alumina (HPA) processing plant at Johor, Malaysia. Feedstock for the plant will be sourced from the Company's 100%-owned kaolin deposit at Meckering, Western Australia and shipped to Malaysia.

HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows and smartphone components. Increasingly HPA is used by lithium-ion battery manufacturers as the coating on the battery's separator, which improves performance, longevity and safety of the battery. With global HPA demand approximately 19,000t (2018), it is estimated that this demand will grow at a compound annual growth rate (CAGR) of 30% (2018-2028); by 2028 HPA market demand will be approximately 272,000t, driven by the increasing adoption of LEDs worldwide as well as the demand for HPA by lithium-ion battery manufacturers to serve the surging electric vehicle market.



Source:
Altech Chemicals Ltd

News Provided by ABN Newswire via QuoteMedia

[subscribe_company_profile use_post="101821931"]

Keep reading...Show less
Focus Graphite Inc.

Focus Graphite Inc.

Focus Graphite Inc is an exploration stage company. The company is engaged in the acquisition, exploration, and development of mineral properties in Canada. Its projects include Lac Knife; Lac Tetepisca graphite and Lac Guinecourt graphite property.

Latest Press Releases

Related News

×