Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

NextSource Materials Inc T.NEXT

Alternate Symbol(s):  NSRCF

NextSource Materials Inc. is a Canada-based battery materials development company. The Company is focused on supplying battery materials through the mining and value-added processing of graphite and other minerals. Its segments include mine development and BAF development. The Company’s principal business is the development of the Molo Graphite Mine (the Molo Mine) located near the town of Fotadrevo in the Province of Toliara, Madagascar. The Molo Mine has a production capacity of 150,000 tons per annum (tpa) of SuperFlake graphite concentrate. The Company is also developing a downstream graphite value-added business through the staged rollout of Battery Anode Facilities capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers. It also owns the Green Giant Vanadium Project, located in Madagascar, and the Sagar Project, located in Quebec, which are at the exploration and evaluation stage.


TSX:NEXT - Post by User

Comment by Foote5545on May 28, 2021 10:17am
253 Views
Post# 33285423

RE:RE:NextSource Materials Secures Offtake Agreement with...

RE:RE:NextSource Materials Secures Offtake Agreement with...

It IS great that they have effectively sold every ounce of their intial Phase 1 plant.  We dont know to what extent Thyssenkrupp is using the graphite they have sourced, but it could very well be in the energy storage / distribution arena or simply as demand for the steel refractories.  Thyssenkrupp offers a wide array of products.  

As for the Tesla supply chain, my expectation would beNEXT providing DIRECT sales to that consumer once the Spheronized Graphite Processing Plant is up and running.  That may include additional Phase 2 plant construction for the additional capacity. 

In any case, the battery grade graphite is already in the mix, but as a newer development, it will take some time to realise. 

<< Previous
Bullboard Posts
Next >>