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Bullboard - Stock Discussion Forum 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... see more

TSXV:NOU - Post Discussion

Nouveau Monde Graphite Inc > China restricted graphite export
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Post by Directvoice on Oct 20, 2023 7:02am

China restricted graphite export

China announced that local exporters of graphite will need permits before sending shipments abroad because of “national-security concerns”. The country is the world’s largest producer of graphite, which is an important component in electric-vehicle batteries. The mandate is set to take effect in December and follows American restrictions, announced earlier this week, on Chinese companies’ access to American semiconductors.
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