Nouveau Monde Graphite Inc. held today a groundbreaking ceremony marking the official start of construction of the Matawinie mine project in Saint-Michel-des-Saints, Quebec, in the presence of the Right Honourable Mark Carney, Prime Minister of Canada, Bernard Drainville, Quebec Minister of Economy, Innovation and Energy and Minister responsible for the Maritime Strategy, as well as partners, elected officials, and key [...]
Nouveau Monde Graphite Inc. is pleased to announce the closing of its previously announced private placement with Canada Growth Fund Inc. , the Government of Québec via Investissement Québec and ENI S.p.a. , representing aggregate gross proceeds of approximately US$213,160,000 . Pursuant to the Private Placement, each of CGF, IQ and ENI subscribed for 44,452,460 common shares of the Company , 33,351,853 Common Shares and [...]
Nouveau Monde Graphite Inc. held its virtual Annual General and Special Meeting of Shareholders today which was supplemented with a corporate presentation on market perspectives and on the Company's development of the Phase-2 Matawinie Mine and the progress on the Bécancour Battery Material Plant project. Eric Desaulniers, Founder, President, and CEO of NMG, declared: "We are very pleased with the signing of this binding [...]
On the heels of key project financing milestones, Nouveau Monde Graphite Inc. reports progress on the advancement of its development plan and start of construction activities at the Phase-2 Matawinie Mine. The Company issues its 2025 ESG Report that demonstrates continued stewardship of environmental, social and governance issues aligned with western efforts to secure local and responsible graphite production and [...]
FN Media Group Presents Oilprice.com Market Commentary China's most effective weapon in the rare earth war wasn't a missile, a tariff, or a trade embargo. It was a price tag. For more than two decades, Beijing has used a remarkably simple strategy to maintain its stranglehold on the global rare earth supply chain: whenever a Western company would get serious about building an independent processing capability, China would [...]
As part of the financing package for the phased development of the commercial operations of its Matawinie Mine , Nouveau Monde Graphite Inc. closed today its previously announced bought deal public offering of 52,440,000 subscription receipts , which includes the exercise in full of the over-allotment option, at a price of US$1.84 per Subscription Receipt, for gross proceeds to the Company of approximately US$96.5 million [...]
Canada Growth Fund Inc. announced today it has entered into a definitive agreement with respect to a ~US$82 million private placement with Nouveau Monde Graphite Inc. , a Quebec-based graphite miner and refiner. NMG is building a fully integrated Canadian graphite supply chain, anchored by a mine at Saint-Michel-des-Saints and Bécancour-based refining facility to support the energy transition, advanced technology, and [...]
Canada Growth Fund, the Government of Québec, through Investissement Québec, and ENI S.p.a., commit to an aggregate US$213 million equity investment, to support the advancement of NMG's Phase-2 Matawinie Mine project Concurrent US$84 million bought deal public offering of subscription receipts, completing the equity component of the Phase-2 Matawinie Mine financing package Equity financing, together with previously [...]
Nouveau Monde Graphite announces the payment of accrued interests as part of a previously announced private placement. Settlement of Accrued Interests Upon the approval of the Toronto Stock Exchange and the New York Stock Exchange, the accrued interests owed to Investissement Québec for the first quarter of 2026 under the unsecured convertible note, as amended and restated, issued in connection with the private placement [...]
Nouveau Monde Graphite has executed an updated binding long-form term sheet with the Government of Canada, represented by Public Services and Procurement Canada, setting out the principal commercial terms for the supply, storage and resale of graphite concentrate from the Company's Phase-2 Matawinie Mine. Eric Desaulniers, Founder, President, and CEO of NMG, stated: "This updated framework with the Government of Canada is [...]
Nouveau Monde Graphite filed its financial reports for the 2025 period, a year marked by material progress toward the development and financing of the Company's Phase-2 operations, alongside continued ESG leadership and disciplined capital deployment. With the recent US$335-million commitment package from lenders toward financing of the Matawinie Mine, the Company is well positioned and focused on completing the remaining [...]
Nouveau Monde Graphite has executed a commitment letter in respect of senior secured project debt to support the construction, development and commissioning of the Phase-2 Matawinie Mine, a major project of national interest as identified by the Government of Canada. Leading Canadian public finance institutions, Export Development Canada and the Canada Infrastructure Bank, have committed to providing facilities totaling [...]