Mason Resources Inc Stock Price, News & Analysis

Mason Graphite Inc. (MGPHF) has announced a strategic partnership between Black Swan Graphene and Nationwide Engineering Research and Development (NERD) to enhance graphene production and adoption in concrete. Mason owns approximately 41% of Black Swan. The partnership includes an equity swap where both companies will own 5% of each other, alongside a supply agreement for graphene. NERD's graphene-enhanced admixture, Concretene, can reduce CO₂ emissions by approximately 30% and enhance concrete's strength. Arup Group is also joining to advance the use of Concretene in construction, aiming to meet sustainability goals as cement contributes significantly to global CO₂ emissions.

Mason Graphite is pleased to announce that its subsidiary, Black Swan Graphene, has formed a strategic partnership with Nationwide Engineering Research and Development (NERD) to enhance the adoption of graphene-enhanced concrete. Mason holds approximately 41% of Black Swan's shares. The partnership includes an equity swap where both companies will own 5% of each other's shares, and a supply agreement for sourcing graphene. NERD's product, Concretene, is designed to reduce CO₂ emissions significantly. This collaboration aims to revolutionize the concrete industry, addressing urgent sustainability challenges.

Nouveau Monde Graphite announced the results of a preliminary economic assessment (PEA) for its Uatnan Mining Project in Québec, Canada, revealing a substantial after-tax NPV of C$ 2,173 million and an annual output target of 500,000 tonnes of graphite concentrate over a 24-year lifespan. This project is designed to meet the surging demand from the electric vehicle sector, with market growth predictions stating a fivefold increase in demand for battery materials by 2030. The company's operational strategy aligns with its vertical integration goals, enhancing margins and reinforcing their market position amidst a global shift in graphite supply chains.

The Preliminary Economic Assessment (PEA) for the Uatnan Mining Project, filed by Nouveau Monde Graphite, indicates strong potential with an after-tax NPV of C$ 2,173 million and an expected annual production of 500,000 tonnes of graphite concentrate over 24 years. This project positions NMG as a key player in the global graphite market, particularly in response to rising demand from the electric vehicle sector, which saw 10.3 million vehicles sold in 2022. The project aims to integrate operations from ore to battery materials, leveraging sustainable practices and local hydropower. The PEA demonstrates the project's technical and economic viability, reinforcing NMG's commitment to becoming a leader in North America's graphite production.