Battery Materials

Nouveau Monde Graphite (NMG) is progressing towards a final investment decision for its natural graphite production, targeting North American, European, and allied markets. The company has updated its Feasibility Study and focused on commercial partnerships, securing multi-year offtake agreements. Financing for the Matawinie Mine is advancing, with due diligence nearing completion. NMG is also developing its Bécancour Battery Material Plant and optimizing engineering. The company reported a period-end cash position of $61.7 million. Market perspectives highlight growing EV and energy storage demand.

Graphite One Inc. (GPHOF) approved long-term incentive awards for 2025, including stock options, restricted share units (RSUs), and performance share units (PSUs), governed by their Omnibus Plan. The strategic move aims to incentivize the team as Graphite One advances its U.S. graphite supply chain, focusing on the Graphite Creek deposit and an Ohio manufacturing plant for synthetic graphite and battery anode materials, including a recycling facility. The company aims to become a leading American producer, serving the EV battery and energy storage sectors.