GREY:NMKEF - Post by User
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Tcheckon Oct 25, 2019 3:07pm
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Post# 30270835
hydro , nouveau monde ,IQ and nmx ?
hydro , nouveau monde ,IQ and nmx ?MONTREAL, May 17, 2018 (GLOBE NEWSWIRE) -- Hydro-Qubec (HQ) and Nouveau Monde Graphite (NMG) (TSX-V: NOU) are pleased to announce the signing of a license and a research and development agreements respecting the processing of graphite for use in lithium-ion batteries. This collaboration will hopefully enable NMG to commercialize battery material technologies developed by HQ over the past 30 years, helping to position Qubec strategically in the lithium-ion battery market.
hydro joining makes sense to me .i think we can see where we are headed in quebec ,peces of the puzzle are falling into place. License and R&D agreements
The deal between HQ and NMG includes a license and a Research and development agreement respecting the processing of graphite for use in lithium-ion batteries. The agreements will enable NMG to use HQ’s patented technologies for the micronization, spheronization, purification and natural graphite coating to serve the lithium-ion battery market.
The partnership’s objectives are as follows:
- HQ and NMG will develop a functional and cost-effective process to transform flake graphite into high-quality graphite products suitable for lithium-ion batteries.
- HQ will assist NMG in its material qualification processes with leading lithium-ion battery manufacturers.
- HQ will assist NMG in the small-scale industrialization of its process in its demonstration plant in Saint-Michel-des-Saints.
- Any new intellectual property developed from this partnership will be jointly owned by HQ and NMG on a 50/50 basis.
(IQ? NMX?)NAL? others?
who will join the bandwagon ?)