Graphite

Focus Graphite’s Lac Tetepisca Project has completed its 2022 drill program, extending graphite mineralization to 8 km. Final assay results will inform an updated Mineral Resource Estimate in Q1 2026, crucial for metallurgical testing and development. This project is poised to contribute significantly to North America’s graphite supply chain amidst rising global demand for electric vehicle batteries.

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.