Phoenix, Arizona--(Newsfile Corp. - April 21, 2021) - The Stock Day Podcast welcomed Nouveau Monde (TSXV: NOU) (OTCQX: NMGRD) (FSE: NM9A) ("the Company"), a battery materials company working to position itself as a key element in the sustainable energy revolution. CEO of the Company, Eric Desaulniers, joined Stock Day host Everett Jolly.
Jolly began the interview by asking about the Company's background and current projects. "At Nouveau Monde Graphite, we're building what will be the largest graphite operation in the western world," shared Desaulniers. "We're building two hours north of Montreal; it is in construction mode now and will be fully commissioned by the end of 2023," he continued. "We are also working on the value-added transformation in Bcancour, between Montreal and Quebec City, which is one of the largest industrial parks in Canada."
"We are taking the flake concentrate and we are transforming it to anode materials for lithium-ion batteries," explained Desaulniers. "It is quite an exciting project and in a few months time we will commission Phase I of our anode material facility there."
Jolly then commented on the growing demand of sustainable energy solutions, including electronic vehicles which require specific battery metals. "Graphite, amongst all raw materials going in batteries, is the most controlled by the Chinese economy," said Desaulniers. He then elaborated on the potential of the Company's graphite operation, including their low energy costs due to Quebec's inexpensive and clean hydroelectricity systems. "That is a big advantage for the transformation," said Desaulniers. "We provide more value to the customer by being carbon-neutral," he shared. "It's a big advantage to diversify from the Chinese economy and de-risk the supply chain of our customers."
Jolly noted that the Company recently announced the appointment of Advanced Graphite Materials Expert, Dr. Jrgen Khler, and asked about the significance of this addition. "Dr. Kohler is the 6th PhD in the company, so we do have a strong internal R&D team," shared Desaulniers. "Until 2019, Dr. Kohler was the CEO of SGL Carbon, one of the largest graphite processors in the western world, based in Germany," said Desaulniers. "He's very active in helping us make sure we are qualified with all the large OEMs and that we take all of the right steps to commercialize our product effectively."
The conversation then turned to the possibility of uplisting to the NYSE. "We officially filed an application on the NYSE," shared Desaulniers. "We will work to make sure it happens as soon as possible, but that's the most I can say for now on that topic," he continued. "There's a big momentum for everything related to EV and developing a North American resilient supply chain, so we need to be well positioned on a major exchange to make sure we capture the most we can from the market."
"What are your value drivers and your upcoming milestones for the company that you see here in the next two to three quarters?", asked Jolly. "In two to four quarters, we would like to fully commission and build Phase I of our anode materials facility," said Desaulniers. "That would be a major milestone for the upcoming few quarters," he added. "We are also in construction mode for the mining and concentrators, the Phase II," explained Desaulniers, adding that the Company expects to commission a large scale project in 2023. "These are very exciting times, and every week the market has a new announcement around new potential customers."
To close the interview, Desaulniers elaborated on the Company's potential as they continue to advance numerous projects in the growing sustainable energy sector. "Five years from now, wherever we are will be quite different in terms of growth compared today."
To hear the entire interview with Eric Desaulniers, follow the link to the podcast here: https://audioboom.com/posts/7849296-nouveau-monde-discusses-progress-of-battery-anode-materials-facility-and-potential-nyse-uplisting.
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