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Bullboard - Stock Discussion Forum Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.

GREY:NMKEF - Post Discussion

Nemaska Lithium Inc > while we're waiting for construction to resume
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Post by Nic777 on Apr 16, 2020 8:01am

while we're waiting for construction to resume

Another project in Quebec is on the go.

In spite of Covid-19, NOU’s project of building the world’s first all-electric open pit mine is proceeding as planned.

In addition of providing to graphite’s traditional clients, the company’s business plans are to become North-America’s first vertically integrated provider of lithium-ion battery anode material with the lowest carbon footprint of the industry.  Running all operations on hydroelectricity will allow that.

Currently, the anode material is provided 100% out of Asia (mostly China).

https://nouveaumonde.ca/en/press/nouveau-monde-advances-electrification-hydro-quebec/
Comment by michelville9 on Apr 16, 2020 8:10am
C'est de valeur que le gisement de NOU soit si faible en graphite. Ca aurait pris le gisement de LLG ou de BKR. Bonne chance avec NOU. Au moins ils ont leur financement
Comment by Nic777 on Apr 16, 2020 1:53pm
Regarde la qualite des produits qu'ils ont a vendre ces cas qui est le plus importants.  la marge de profit sur des flocons jumbo et large de 98% de puret est de lion suprieur a n'importe quoi que Mason aurait pu produire. NOU va egalement faire des produits a valeur ajoute comme le materiel d'anode qui a ma connaissance se vend dans une fourchette de $8k a $10k USD la tonne.
Comment by phantom666 on Apr 16, 2020 5:44pm
It supposedly to be all electric within 5 years of startup. I don’t like the fact that the haul trucks have to be charged every haul dump cycle or the fact all other equipment will have, basically an extension cord to it!
Comment by Calgary_AB on Apr 16, 2020 6:44pm
on top of all that, the diesel generators will be going overtime charging batteries out at the site... charging for 12 hrs to work 2 hrs...Clean? maybe not so clean and not very efficient...
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