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Nouveau Monde Graphite Provides Progress Update on Construction of its Graphite Demonstration Plant
Nouveau Monde Graphite (“Nouveau Monde”) (TSX VENTURE:NOU)(OTCQB:NMGRF)(FRANKFURT:NM9) is pleased to announce the completion of several milestones regarding the construction of its demonstration plant (“Demo Plant”). The significant achievements include; finalizing the Demo Plant engineering study, obtaining the financing and securing the authorizations and permits necessary for the completion of the first phase of the Demo Pant project. …
Nouveau Monde Graphite (“Nouveau Monde”) (TSX VENTURE:NOU)(OTCQB:NMGRF)(FRANKFURT:NM9) is pleased to announce the completion of several milestones regarding the construction of its demonstration plant (“Demo Plant”). The significant achievements include; finalizing the Demo Plant engineering study, obtaining the financing and securing the authorizations and permits necessary for the completion of the first phase of the Demo Pant project.
In addition, starting this November, Nouveau Monde has signed a short-term lease with Louisiana Pacific, owners of the building that will house the Demo Plant. The lease agreement includes access to a 40,000 square-foot area within the building. The Louisiana-Pacific plant is located 6 km from the West Zone of Nouveau Monde’s graphite deposit.
Project Advancement
Nouveau Monde recently completed an in-house engineering study on its Demo Plant in conjunction with independent engineering firms including, MET-Pro, SNC-Lavallin and WSP, as well as industry experts at Nouveau Monde, who have 30 years of cumulative graphite market experience.
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