Nextsource Materials Inc.

Nextsource Materials Inc. is pleased to announce that it has approved a Final Investment Decision on Phase 1 of its proposed Battery Anode Facility in the Industrial City of Abu Dhabi, UAE, marking a major milestone in the Company's strategy to become a fully integrated, global producer of graphite anode materials. The approval follows the successful completion of Front-End Engineering Design , which confirmed the robust [...]

Nextsource Materials Inc. is pleased to announce that it has agreed with Mitsubishi Chemical Corporation to extend the timetable for the binding multi-year Offtake Agreement, announced on August 5th 2025. All core commercial terms of the 9,000 tonnes per annum Offtake Agreement of anode active material are unchanged, including volume commitments and the established pricing framework. The extension enables the Company with [...]

Nextsource Materials Inc. announces that it has entered into a binding agreement with Syrah Resources Ltd. for the supply of natural graphite fines for NextSource's planned battery anode facility in Abu Dhabi, United Arab Emirates . Under the terms of the Agreement, NextSource will source a minimum of approximately 34,000 tonnes and up to 68,000 tonnes of natural graphite fines in total over a seven-year period, with [...]

Nextsource Materials Inc. announces that Mr. Jaco Crouse has resigned from his position as Chief Financial Officer after accepting a senior role with another organization. Mr. Crouse will remain employed by the Company for a transition period of up to four months to support an orderly handover of responsibilities. Mr. Crouse has served as Chief Financial Officer since 2024, during which time he played a key role in [...]

Nextsource Materials Inc. is pleased to announce that it has closed its previously announced brokered private placement offering of units of the Company for aggregate gross proceeds of C$24,999,987, issuing 58,823,500 Units at a price of $0.425 per Unit. The Offering was oversubscribed due to strong investor demand, with investor allocation capped by the final amount of C$24,999,987. Vision Blue Resources Ltd. purchased [...]

Nextsource Materials Inc. is pleased to announce that it has engaged Stifel Canada as lead agent and sole bookrunner and Maxim Group LLC as co-agent , in connection with a "best-efforts" private placement of 58,823,500 units of the Company at a price of $0.425 per Unit for aggregate gross proceeds of C$24,999,987.50 . Each Unit will consist of one common share of the Company and one-half of one Common Share purchase [...]

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 [...]