Nemaska Lithium Inc NMKEF

Pallinghurst news

[ewaltz22]

https://www.google.com/amp/s/amp.ft.com/content/3723f12e-0549-11ea-a984-fbbacad9e7dd

[ewaltz22]

Pallinghurst to invest 2b$ in battery materials in developed countries.

[ewaltz22]

They also own 20% of NOU....I didn't catch that initially    Pallinghurst Group, the investment group chaired by former BHP boss Brian Gilbertson, have announced plans to invest up to $2bn in mining projects for battery materials, including copper and nickel. The Pallinghurst-Traxys Battery Materials joint venture will look to take controlling stakes in lithium, graphite and

[Nic777]

They do own 20% of NOU.  Traxys also signed an off-take agreement with NOU for 25,000 tonnes of flake graphite. Have you guys seen the PR this morning?  NOU.V is getting ready to build a processing plant for making graphite anode materials for lithium-ion batteries.  I know for a fact that most of the processing cost is in the purification.  They intent to leverage Quebec'

[Nic777]

Simon Moores sees the JV between Pallinghurst and Traxys as a BIG thing, a shot in the arm in a battery material industry that is in needs of capital. https://twitter.com/sdmoores/status/1194315780629782528?s=20 https://www.pallinghurst-traxys.com/

[mick1888]

Thanks ewaltz, interesting and positive article for a wee change on this forum.... ;-) I'm a bit confused on one thing though, it states Pallinghurst has already invested $337m in NMX? Now if that were to be the case (not sure the articles correct even it being in the FT), then that would be NEWS..;-) GLTA longs

[ewaltz22]

Yeah I think that 337 is a mistake on their end but who knows at this point!  maybe they have an insider! ;)