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THURSDAY, SEPTEMBER 23, 2021

Nouveau Monde Provides Update on the Deployment of its Fully Financed Phase-1 LiB Anode Material Project

As demand for battery materials continues to grow, Nouveau Monde is enhancing its production capacity for advanced graphite solutions through investments in phase-1 operations. The Company is deploying its business strategy to test manufacturing technologies, refine processes, inform commercial development, and support technical marketing and product qualification efforts targeting the lithium-ion batteries (“LiB”) market. 

HIGHLIGHTS

  • Nouveau Monde is working to develop North America’s first fully vertically integrated production, from mining to the manufacturing of lithium-ion battery anode material
  • With a projected 4,300 GWh of lithium-ion battery production capacity by 2030, demand for advanced materials is set to increase up to fivefold, with graphite as the lead mineral (Benchmark Mineral Intelligence, August 2021)
  • Nouveau Monde is advancing its beneficiation production operations to support technical marketing and product qualification efforts
  • Starting in 2022, Nouveau Monde is planning to produce several hundred tonnes of CSPG for qualification with battery makers thanks to its graphite concentration, shaping, purification, and coating units
  • Nouveau Monde is actively engaging with tier-1 EV and battery manufacturers in its efforts to negotiate a long-term cornerstone supply agreement

Arne H Frandsen

Chairman

“Nouveau Monde is executing its business plan with rigor to provide the marketplace with the product specs and sustainability excellence that tier-1 manufacturers are seeking. In the global push toward decarbonization, I am confident that our focus on technology, derisked expansion approach, and superior commercial engagement will yield success and benefits for all our stakeholders.”

READ THE PRESS RELEASE

Eric Desaulniers

President & CEO

 “We remain focused on our commercial strategy to position Nouveau Monde as a turn-key supplier to leading EV and battery manufacturers. Sales discussions and product qualification have thus far reiterated the importance of local, carbon-neutral, reliable, and ESG-rooted supply chains for our tier-1 potential customers. We are committed to delivering on these attributes, which are central to Nouveau Monde’s value proposition while maintaining low-cost productivity and continually enhancing technology development.”

NOUVEAU MONDE GRAPHITE

 

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Contact

Julie Paquet

+1 514 458-6925

jpaquet@nouveaumonde.ca

 

 

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