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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
Post by Nic777on Nov 05, 2018 1:45pm
98 Views
Post# 28925519

Imerys puts its African mine on care & maintenance

Imerys puts its African mine on care & maintenanceIn its November update on the graphite market, Benchmark Minerals Intelligence announces that Imerys has put its new graphite mine in Namibia under "care & maintenance".

I've been hearing rumors about this for a while now and it looks like Imerys would have spent more than $ 60M before pulling the plug.

This mine and its deposit was clearly not a good idea, according to some of my contacts who we saw it up close.

This news is potentially very bullish for NOU. Imerys' graphite mine in Lac-des-les is at the end of its life, NOU is in the process of contacting Imerys' customers in North America with tonnes of graphite to sell to them and the graphite market is starting strong growth that will last for years ...
Bullboard Posts