Nouveau Monde Graphite (NMG) is led by a dynamic management team committed to reshaping the global battery materials supply chain. Founder, President, and CEO Eric Desaulniers has spearheaded NMG’s vision to become North America’s leading integrated producer of carbon-neutral graphite anode materials. Under his leadership, the company has secured strategic partnerships with industry giants like Panasonic and General Motors (GM), positioning NMG as a critical player in the electric vehicle (EV) and energy storage markets. Chair Arne H. Frandsen complements this vision with a focus on ESG-driven growth, emphasizing geopolitical stability and sustainable practices. The recent appointment of Karine Doucet as Vice President of Human Resources highlights NMG’s commitment to talent development as it transitions toward commercial operations.
NMG’s core projects revolve around its Phase-2 integrated operations, comprising the Matawinie Mine and the Bécancour Battery Material Plant, both located in Québec, Canada.
Matawinie Mine
A 25-year open-pit mine projected to produce 105,882 tonnes per annum (tpa) of high-purity graphite concentrate.
Fully permitted and "concrete-ready," with preparatory works completed, including access roads and power infrastructure.
Employs conventional mining methods and co-disposal tailings management to minimize environmental impact.
Bécancour Battery Material Plant
Processes Matawinie’s concentrate into battery-grade active anode material, tailored to customer specifications.
Located in Québec’s "battery valley," adjacent to NMG’s Phase-1 demonstration plant, leveraging local hydropower and industrial infrastructure.
Adopts prevalent purification technology to reduce operational risks and align with global standards.
The Updated Feasibility Study (March 2025) confirms robust economics: a 17.5% after-tax IRR and $1.053 billion NPV, supported by offtake agreements covering >80% of Phase-2 production with Panasonic and GM.
Long-Term Expansion (Phase 3):
NMG acquired the Lac Guéret Property in 2024, targeting the Uatnan Mining Project to produce 500,000 tpa of graphite concentrate. This positions NMG to address projected supply deficits in North America and Europe as EV demand surges.
NMG’s financial position reflects disciplined planning and strategic investor confidence:
Cash Position: 106 million as of December 2024, bolstered by 100 million in equity investments from Panasonic, GM, and governmental funds, plus $37.5 million from Mitsui and Pallinghurst.
Project Financing: $1.6 billion in expressions of interest from lenders and investors, targeting a Final Investment Decision (FID) in 2025.
Government Incentives: Eligibility for a $350 million refundable tax credit under Canada’s Clean Technology Manufacturing program.
Cash Burn and Runway:
While NMG has not disclosed explicit burn rates, its 106 million liquidity, coupled with advancing project financing, provides a runway to sustain operations through FID and initial construction.Post?FID, NMG expects to secure the remaining 106 million liquidity, coupled with advancing project financing,providesarunwaytosustainoperationsthroughFIDandinitialconstruction.Post?FID, NMG expects to secure the remaining 1.6 billion to fund construction, with commercial production targeted within three years.
Final Investment Decision (FID): NMG is in advanced discussions with lenders and anchor customers to finalize terms, with construction expected to commence immediately post-FID.
Supply Chain Localization: Collaborations with Caterpillar for zero-emission mining equipment and ABB for electrification infrastructure underscore NMG’s readiness to meet North America’s demand for localized battery materials.
Permitting and Procurement: Detailed engineering and procurement of long-lead items are underway, with construction tenders poised for release.
Net-Zero Operations: NMG aims to achieve net-zero emissions by 2030, building on its carbon-neutral status through hydropower adoption, emission reductions, and verified carbon credits.
Market Leadership: By 2030, NMG plans to supply 10% of global natural anode material demand, capitalizing on North America’s projected 300% growth in graphite demand.
Circular Economy: Investments in graphite recycling technologies and partnerships with gigafactories aim to close the loop on battery materials.
FID Dependency: Delays in securing financing or permits could impact timelines. NMG mitigates this through proactive stakeholder engagement and government support.
Market Volatility: Oversupply risks from China are offset by trade protections (e.g., U.S. tariffs) and NMG’s ESG-driven customer base.
Nouveau Monde Graphite stands at the forefront of North America’s energy transition, combining strategic assets, robust partnerships, and ESG leadership. With Phase-2 poised for launch and Phase-3 on the horizon, NMG is uniquely positioned to dominate the anode materials market while driving sustainable industrialization. Investors and industry stakeholders alike should watch closely as NMG transitions from developer to producer, reshaping global supply chains one battery at a time.
Join Kevin Dwyer, a seasoned stock trader, and Robynne Eaton, an entrepreneurial filmmaker, in 'The Mine$tockers' as they embark on a thrilling international quest. Venturing into rugged and often perilous mining territories, they investigate publicly traded mining companies, from gold to base metals, seeking profitable investments and making critical investment decisions.
Their journey digs deep into the lives of local communities and complex relationships between mining operations, environmental stewardship, and Indigenous peoples. With insights from geologists, experts, and Indigenous partners, Kevin and Robynne evaluate each company's environmental and social governance, revealing the intricate balance of industry standards and ethical practices.
Travel alongside them in diverse modes, from RVs to seaplanes, as they uncover the hidden stories and histories of the mining world, offering a unique perspective on the challenges and beauties of the global mining landscape.
But the adventure doesn't stop with watching - viewers can dive into the action themselves with the Mine$tockers Fantasy Trading Pool. This immersive experience allows you to create your own trading portfolio with $100,000 in fantasy bucks and compete against the Mine$tockers throughout the season. The stakes are high: half of the growing cash prize pool goes to the top-performing trader, while the other half is earmarked for a charity of the Mine$tockers' choice. However, if the Mine$tockers themselves clinch the top spot on the scoreboard at season's end, the entire prize pot will be donated to charity. It's not just about watching investments unfold - it's about testing your own trading mettle in this high-stakes, real-time challenge.
With over 20 years of experience in the film industry as both a producer and actor, Robynne Eaton brings her keen eye and storytelling expertise to Mine$tockers. She'll investigate the history surrounding ESG (Environmental, Social, and Governance) practices and help tell the story of the mining world through her unique perspective.
Robynne's passion for uncovering the truth shines as she delves into the intricacies of mining operations. Her professional film production background and engaging personality allow her to present an unbiased and captivating view of the industry.
Former Bay Street trader, Kevin Dwyer, has transitioned from his role as an over-the-counter stock trader in the resource sector to a private investor and adventurer. He now visits mining properties to gain firsthand insights.
The Mine$tockers believe in making informed investment decisions in the mining industry. They carefully evaluate established and up-and-coming mining stocks, interact with local communities and base their trades on their findings.
With a wealth of experience in the great outdoors, Kevin has traveled to diverse destinations, from the northern wilderness to the southern deserts. He is an avid sportsman, hiker, and adventurer.
MineStocker Bali loves to get details of lunch firsthand.
Bali will examine the local food highlights while checking out local canine!
Who are the people on-site, in the mine office as well as in town? Meet them with Bali, see them from her eyes.
Bali has traveled to many fantastic and exciting places for lunch and will lead the way!