RE:Investissement important à venir dans les batteriesYes, thanks for the great post! I asked Arne Frandsen (Pallinghurst Managing Partner & Co-Founder) the other day about the Nemaska file and he, as expected, wasn't able to say anything. He has posted on LinkedIn the following:
"We need to look at the full lifecycle of all the products we use or consume.
All us players in the natural resources industry will need to further focus on the full environmental impact of our activities. We need to calculate the environmental impact of the full life cycle of the products we produce.
Looking at electrical vehicles, when an automaker makes a battery, they will have to look at the carbon footprint from “cradle to grave”. For that reason, we producers of raw materials will need to make sure we do our part when it comes to minimising the carbon footprint.
With that in mind, Pallinghurst, through our investment in Nouveau Monde Graphite (based in environmentally friendly Qubec), is aiming at producing battery grade graphite for electrical vehicles, with a minimum carbon footprint. What we aim at, by using hydroelectricity and having an electrical mine vehicle fleet, is to deliver a close to carbon neutral product. In turn this will assist the automakers in achieving a lower carbon footprint. Excitingly, Nouveau Monde Graphite has just commenced its initial testing in respect of recycling graphite from electrical vehicle batteries. When we are successful in this, we will have achieved a near carbon neutral life cycle of our graphite products. The way to go!!!"