Nouveau Monde Provides an Update on its Business Plan

  • Nouveau Monde is actively developing what is expected to be the Western World’s largest and most advanced project providing a localized and carbon-neutral alternative to Chinese supply of lithium-ion battery anode material
  • Demonstration facilities support Nouveau Monde’s phased business plan and provide the samples required for qualification with potential customers
  • Construction of the Matawinie mining project is set to commence and positions Nouveau Monde for an expected commercial production by the end of 2023
  • Development of the Bécancour battery material plant aims at providing the value-added conversion facility that leverages the Company’s proprietary processes and green footprint
  • Global trends for the electrification and clean energy transition are driving demand for natural graphite with a projected 410% growth through 2030

MONTREAL, June 29, 2021 (GLOBE NEWSWIRE) — At today’s Annual General and Special Meeting of Shareholders (the…

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