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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

Comment by Fox2019on Dec 13, 2020 5:53pm
131 Views
Post# 32096555

RE:Storage system

RE:Storage systemYou are right I thought those didn't have graphite their loading cycle are too slow for electric propulsion but perfect to store energy from solar panels or wind farm. Can you imagine at a end life of a dam now they might have a way to store all the energy when they will empty the reservoir! Put those on ships and could can sell electricity everywhere! Tons of graphite will be needed to empty one Dam alone ...


Hydro-Qubec’s move towards energy storage using LFP batteries

On December 9, 2020, it was reported that Hydro-Qubec announced the launching of a new subsidiary that specializes in energy storage systems in a bid to help speed up development of renewable power and commercialize technology it has developed over four decades.

A Reuters report quotes: “Hydro-Qubec, Canada’s largest electricity producer, on Wednesday entered the fast-growing market for storing renewable energy, where it could face competition from the likes of Tesla……Hydro-Qubec aims to capture 10% of a niche market expected to reach $3 billion in the next 10 years.”

Hydro-Quebec’s new EVLO subsidiary will design, sell and operate storage systems aimed at other utilities, commercial and industrial markets for medium-and-large-scale storage. They intend to initially focus on North America and Europe.

Hydro-Qubec is using lithium iron phosphate batteries (LFP). LFP battery is a type of lithium-ion battery using LiFePO as the cathode material, and a graphite based anode. It means there is no use of nickel or cobalt, but still uses lithium and graphite.

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