NextSource Materials Inc NSRCF

Primary Symbol: T.NEXT

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.

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NextSource Materials Inc

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Post by goldennorthon Nov 01, 2024 3:47pm

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Post# 36292921

Great Management Addition.

Good move forward for Next Materials Inc.as its has greatly improved its management team is has more secure and more experienced credit.

Mr. Rossouw has held strong senior positions in leading global mining and investment companies, where his roles involved business development, M&A (mergers and acquisitions), capital markets, asset management, and growth optimization. Plus four years as top chief financial officer and executive director of Royal Bafokeng Platinum.

"Embracing an electrified future is a critical route to decarbonization, but building a mining and processing business with global operations is a significant undertaking. NextSource possesses unique fundamentals -- a large-scale, high-quality resource, with downstream growth options and strong network of partners -- making the company a highly attractive value proposition with substantial upside optionality."...commented Mr. Rossouw.

https://www.youtube.com/watch?v=m0SQKfWdf4E