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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

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Post by MaterialsMan on Feb 15, 2024 6:09pm

Timeline

The share price certainly responded positively to news of the offtake agreements.
I did not see anywhere what the initial per annum production will be or when the first shipment of active anode material is expected.
Also couldn't tell if the offtake agreements were binding and under what conditions.
Does anyone know about these minor details?
Comment by HarfanddesNeiges on Feb 15, 2024 7:50pm
FYI, It is on NMG Web site. GLTA Average annual graphite concentrate production: 103 ktpa Annual production of anode material: 43 ktpa Annual production of purified jumbo: 3 ktpa I attended to the CC at 10.30 AM today, discussion was very positive They expect to operate the plant around 2026 Big step today and a lot of work to come
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