RE:Japan auto industry eyes Canadian graphite for EVsdalesio_98,
Although one must appreciate your provisioning of the videao clip and the information contained therein, I have to point out that you are a late with the news about Mitsui being interested in Nouveau Monde Graphite and other "would be" Canadian graphite bearing lands developers and graphite miners, e.g. Mason Resources Inc.
We know that Mitsui already holds a NMG issued convertible debt note yielding interst which is being serviced by the issuance of NMG shares in lieu of cash interest payments.
What readers may not know is that Mitsui, Panasonic, Pallinghurst Group stakeholders and Investissement Quebec also took up their apportioned amount of NMG convertible debt note offering at one point or another.
What readers also may not know is that they have to understand that the very large Korean companies are coming as well.
Japanese and Korean companies highly interested in the most advanced Canadian critical elements bearing lands projects being development into full scale critical elements (graphite) mine hosting lands enterprises would be taking out their wallets and ponying up great sums of invested capital no sooner than the beginning of 2024.
We note the Canadian Federal Government provisioned Investment Tax Credit ("ITC") is available starting 2024 for companies also looking to undertake acquisitions of lands utilized for exploration and development of critical elements mines meant to be servicing Canada's link to the North American battery materials process manufacturing and battery cells manufacturing supply chain.
It all begins in earnest during 2024; and it could be that Pallinghurst stakeholders, i.e. Arne Frandsen and "The Usual Suspects", would even be made to sell a certain Nouveau Monde Graphite "option to outright purchase", from Mason Resources Inc., the Lac Gueret graphite project. Perhaps to a company like Toyota, as an example or even Korea's Hyundai or Ford or GM or Rio Tinto as additional examples of would be interested parties?