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Nouveau Monde Graphite Inc V.NOU

Alternate Symbol(s):  NMG

Nouveau Monde Graphite Inc. is a Canada-based company, which is specialized in the exploration, evaluation and development of mineral properties located in Quebec. It is focused on developing a fully integrated source of carbon-neutral battery anode material in Quebec, Canada. The Company’s projects include Phase-2 Matawinie Mine, Becancour Battery Material Plant projects and Lac Gueret property. The Company owns a 100% interest in the Matawinie graphite property located in Saint-Michel-des-Saints, 150 kilometers (km) north of Montreal, Quebec. The project produces approximately 103,328 tons per annum (tpa) of high-purity flake graphite concentrate. Its Battery Materials Plant projects is located in an industrial park and near a shipping port in Becancour, Quebec, approximately 150 km northeast of Montreal, on the Saint Lawrence River. The Company owns the 100% of the rights to the Lac Gueret property, which consists of 74 map-designated claims totaling 3,999.52 hectares.


TSXV:NOU - Post by User

Bullboard Posts
Comment by youknowwhaton Sep 10, 2019 8:07am
261 Views
Post# 30111655

RE:Possibly relevant info

RE:Possibly relevant info
17 Jul 2019 Balama Graphite Operation (Balama) Total Recordable Injury Frequency Rate (TRIFR) of 0.3 as at the end of the quarter. Produced 44kt natural flake graphite, 8% lower than Q1 due primarily to minor equipment issues. H1 2019 C1 operating cash cost1of production US$567/t. Higher than planned due to lower production volume. ISO:45001 certification and ISO:14001 re-certification achieved. Sales and Marketing Sold 53kt versus 48kt in Q1 2019 through continued improvement in contract volume and logistics. Weighted average graphite price achieved of US$457/t (CIF), down from US$469/t in Q1 2019 due primarily to Chinese fines pricing and lower than planned coarse flake production.
Bullboard Posts