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Nouveau Monde Graphite Inc V.NOU

Alternate Symbol(s):  NMG

Metals & Mining Industrial Metals & Minerals Graphite
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

Nouveau Monde Graphite Inc > Canada's federal budget will include an investment of 2 bil.
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Comment by whoknowson Apr 07, 2022 7:40am
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Post# 34583330

RE:Canada's federal budget will include an investment of 2 bil.

RE:Canada's federal budget will include an investment of 2 bil.
happyman48 wrote:
I hope that NMG will get some
... EXCLUSIVE-Canada to spend C$2 bln on mineral strategy for EV battery supply chain . By Steve Scherer OTTAWA, April 4 (Reuters) - Canada's federal budget will include an investment of at least C$2 billion ($1.60 billion) for a strategy to accelerate the production and processing of critical minerals needed for the electric vehicle battery supply chain, two senior government sources said. Prime Minister Justin Trudeau's government, which will release its budget this week, will invest some C$2 billion ($1.6 billion) to ramp up the extraction of processing of critical minerals including nickel, lithium, cobalt and magnesium, said the sources who are familiar with the file but were not authorized to speak on the record. The investment could be spread over more than one year, but the sources declined to comment on the time frame. nasdaq.com/articles/exclusi...
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The Honourable Franois-Philippe Champagne, Minister of Innovation, Science and Industry, remarked: “ This is the time for bold and ambitious action. Our government is proud to support groundbreaking companies, like Nouveau Monde Graphite, that are making Canada a global leader in clean technology while ensuring a greener future for everyone. These innovators are driving our economic prosperity while creating well-paying jobs across Canada. They are key to the vital shift to a healthier environment and a net-zero carbon economy. ”

From:
https://www.businesswire.com/news/home/20220331005730/en/
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