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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

Post by Kriem0609on Dec 21, 2020 2:12pm
159 Views
Post# 32153968

THIS IS NICKEL

THIS IS NICKEL
 
The focus on lithium-ion batteries seems to reflect supply and demand of lithium and cobalt and the growth rates of EVs and ESS but it would be very wrong not to include nickel. If EVs are to replace petrol/diesel vehicles, they will require battery packs that can deliver the ranges that drivers are used to.
 
First-generation EVs relied on lithium-ion batteries that were made using lithium iron phosphate (LFP) and lithium manganese oxide (LMO), neither of which used nickel in their chemistries. Since range anxiety has been a factor putting people off buying EVs, the industry has developed batteries that have higher energy densities and therefore greater ranges. These second-generation lithium-ion batteries have a different chemistry, one that use nickel manganese and cobalt (NMC). Check Disclaimer On Profile.
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