Nextsource Materials Inc.

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 [...]

Nextsource Materials Inc. announces an update to its Battery Anode Facility strategy, withdrawing from its Mauritius option to focus on accelerated, larger-scale opportunities in the Middle East. Since November 2022, NextSource has been working closely with its project stakeholders to establish a world-class BAF in Mauritius. The Company leased a potential BAF site and invested in upgrading existing processes to ensure [...]

Nextsource Materials Inc. provides a third quarter activities update for nine months ending March 31, 2025 on its mine operations in Madagascar, and progress in the consideration of a larger-scale expansion of the Molo mine and the development of a Battery Anode Facility. The Company's third quarter financials and Management's Discussion and Analysis are available to access on SEDAR+ and the NextSource corporate website [...]

Nextsource Materials Inc. announces that Mr. Johnny Velloza will be stepping down from his position as Interim Chief Operating Officer, following a successful tenure during which he provided critical operational oversight and implemented key recommendations for process optimization at the Molo mine. Mr. Velloza's responsibilities will be transitioned to Mr. Nick Miller, who has been appointed as Acting Executive Vice [...]

Nextsource Materials Inc. is pleased to provide a second quarter activities update for the six months ending December 31, 2024 on its Molo Graphite Mine in southern Madagascar, and battery anode facility development activities. The Company's second quarter financials and Management's Discussion and Analysis are available to access on SEDAR+ and the NextSource corporate website by end of business on February 14th, 2025 [...]

Nextsource Materials Inc. announces that it has secured a drawdown credit facility of up to US$20 million with Vision Blue Resources Limited . The proceeds of the Facility, which is non-dilutive to shareholders, will be used as needed to progress the Company's Battery Anode Facility strategy, support the continued ramp-up and growth of Molo, and for general working capital purposes. Hanré Rossouw, President and CEO [...]

Nextsource Materials Inc. is pleased to announce the results of the Annual Meeting of Shareholders of the Company held virtually at 9:00 AM on December 5, 2024. 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 [...]

Not for distribution to U.S. news wire services or for dissemination in the United States or to a U.S. Person. Nextsource Materials Inc. announces it has closed a second and final tranche of its previously announced non-brokered private placement offering, issuing an additional 1,360,000 common shares of the Company at a price of CAD$0.53 per Share for aggregate gross proceeds of CAD$720,800 . These additional net [...]