Nextsource Materials Inc.

Nextsource Materials Inc. is pleased to announce that that it has executed a letter of intent with a one of the major Japanese anode material producers for the potential long-term supply of anode active materials for use in electric vehicle batteries. The Company previously announced a binding, multi-year offtake with Mitsubishi Chemical Corp. , Japan's largest chemical company, to supply 9,000 tonnes per annum of AAM to [...]

Highlights: Strategic Japanese investment and partnership achieved through an executed LOI with Hanwa Co., Ltd. and Japan Organization for Metals and Energy Security for a potential project-level equity investment in the UAE Battery Anode Facility of up to US$30 million. Joint Investment Vehicle to be formed by Hanwa and JOGMEC for the purpose of acquiring a minority equity interest in the Company's UAE BAF at the project [...]

Nextsource Materials is pleased to announce that it has finalized multiple term sheets with strategic investors to fund Phase 1 of the Company's proposed Battery Anode Facility in the Industrial City of Abu Dhabi in the UAE. These term sheets indicate substantial progress in the Company's strategic financing process and further reinforces the Company's path towards the final investment decision. The Company has finalized [...]

Nextsource Materials Inc. is pleased to announce that the first shipment of equipment for its proposed Battery Anode Facility has arrived in Abu Dhabi in the United Arab Emirates , marking a significant milestone in advancing the Company's downstream value?add strategy. The shipment consists of long?lead items for anode processing which the Company has previously procured. The procurement of key processing equipment and [...]

Nextsource Materials Inc. is pleased to announce the results of the Annual Meeting of Shareholders of the Company held virtually at 8:00 AM on December 30, 2025. AGM Results The final voting results of the Meeting are set out below: Election of Directors. The Company's shareholders elected each of the nominees as directors to serve until the next annual meeting of shareholders, or until their respective successors are [...]

Nextsource Materials Inc. announces that its senior executive team successfully hosted a comprehensive site visit on November 25, 2025 to the property and industrial building secured for its first commercial-scale Battery Anode Facility in the Industrial City of Abu Dhabi in the United Arab Emirates . Proposed Renovation of the Building of the UAE BAF Actual Building Secured for the UAE BAF The site visit brought together [...]

Nextsource Materials Inc. announces that it has agreed to an extension to its drawdown credit facility of up to a further US$10 million with Vision Blue Resources Limited . The Company is in active discussions with debt and equity investors that have expressed interest in funding its battery anode facility in the United Arab Emirates . The funding from Vision Blue allows the Company to progress its strategic partner [...]

Nextsource Materials Inc. wishes to confirm that operations at its Molo Graphite Mine in southern Madagascar and shipments of its SuperFlake® graphite concentrate remain unaffected by the current political situation in Madagascar. Mining and processing activities at the Molo mine continue under normal conditions, with the Company maintaining its regular campaign production and logistics schedules. Shipments of SuperFlake [...]

Technical and Economic Study Highlights Study confirms total UAE BAF production capacity of 30,000 tonnes per annum of anode active material , satisfying production demands of existing Mitsubishi Chemical offtake agreement and accommodating future demand growth from new offtake agreements Compelling phased-project economics with total capital costs of US$291 million, including sunk costs and working capital of US$7 [...]

Highlights Multi-year offtake agreement signed with Mitsubishi Chemical Corporation for supply of c. 9,000 tonnes per annum of anode active material Partnering with Mitsubishi Chemical Corporation to supply major OEM manufacturer anode active material for its North American electric vehicle market Accelerates development of NextSource's Battery Anode Facility in the Middle East Significant milestone towards achieving [...]