Nouveau Monde Stock Price, News & Analysis

Nouveau Monde Graphite Inc. (NMG) and Mason Graphite Inc. (MGPHF) announced an Investment Agreement to develop Mason Graphite's Lac Guéret property in Québec. The deal entails NMG investing up to C$5 million and forming a joint venture, with NMG holding a 51% interest. Key conditions include a minimum C$10 million investment from NMG and an updated feasibility study for production of at least 250,000 tonnes per annum of graphite concentrate. The Joint Venture will utilize NMG’s Demonstration Plant, enhancing commercialization capabilities.

Nouveau Monde Graphite (NMG) is progressing toward establishing North America's largest integrated ore-to-battery-material graphite production amidst rising demand driven by EV sector growth. Significant advancements include a 75% completion rate of the Phase-2 feasibility study and ongoing construction of the Phase-1 coating unit, targeting commissioning by H1-2022. NMG maintains a strong cash position of $43.5M and is engaging potential tier-1 customers for long-term offtake agreements. With a flake graphite deficit projected at nearly 2 million tonnes annually by 2030, NMG is positioned as a critical supplier in this landscape.

Nouveau Monde Graphite (NYSE: NMG) received a $5.75 million grant from the Government of Canada to advance its proprietary coating technology for producing coated spherical purified graphite (CSPG). The funding will facilitate the construction of a Phase-1 commercial-scale unit with a production capacity of 2,000 tpa. The innovative coating technology holds potential for a 25% energy reduction and enhanced production efficiency. NMG aims to become North America’s largest fully-integrated lithium-ion battery anode material producer while minimizing environmental impact.

Nouveau Monde Graphite (NYSE: NMG) has granted 547,500 stock options to directors and officers, with each option allowing the purchase of a common share at $8.20, expiring on March 28, 2027. This grant aligns with the company's stock option plan and supports its goal of developing carbon-neutral materials for the growing battery market. Nouveau Monde aims to be a vital player in sustainable energy by supplying advanced materials while maintaining strong ESG standards.

Nouveau Monde Graphite Inc. (NYSE: NMG) has made significant progress in its Phase-1 coating module, targeting commissioning by mid-2022 for a 2,000-tpa capacity anode material production. The Phase-2 Bécancour Battery Material Plant and Matawinie Mine feasibility study is ongoing, with updates expected in Q2-2022. With a year-end cash position of $62.3M, NMG is securing financing and has received letters of interest from Export Credit Agencies. The company holds a 2.61 OSHA rate and has a A2 Sustainability Rating from Moody’s.

Nouveau Monde Graphite Inc. (NMG) has opened a new corporate office in New York City to enhance its engagement with the U.S. investment community. The company appointed Marc Jasmin as Director of Investor Relations, focusing on institutional investors and Canadian markets. NMG has also partnered with Matrix Advisors, appointing Mark Mitchell to support its U.S. investor relations strategy. Additionally, NMG is set to ring the NYSE Closing Bell on March 23, 2022, marking its commitment to growth in the battery and electric vehicle sectors.

Nouveau Monde Graphite Inc. (NYSE: NMG) has announced the grant of 225,000 stock options to an officer at a price of $8.87 per share, expiring on January 23, 2027. These options will vest in four equal installments every six months from the grant date. The company aims to develop a sustainable source of carbon-neutral battery anode materials in Québec, targeting the lithium-ion and fuel cell markets, while adhering to high ESG standards.