Battery Market
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NMG Closes US$20 Million Common Share Offering
Nouveau Monde Graphite has successfully raised approximately $20 million through a public offering to fund key growth initiatives. The funds will be used for long-lead equipment procurement and construction at the Matawinie Mine, as well as engineering for the Bécancour Battery Material Plant. This capital infusion supports NMG’s goal of becoming a leading supplier of carbon-neutral advanced graphite materials for the growing battery market.
