- Leblanc, a senior mining executive with over 30 years of
experience in the industry, was previously serving as Managing
Director, Rio Tinto Iron & Titanium, overseeing operational and
commercial responsibilities for the division.
- As a Director, Leblanc brings a unique combination of business
and technical expertise, as well as know how in respect to building
and operating advanced mining and processing facilities across the
world.
Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG,
TSX.V: NOU) proudly announces the appointment of Stéphane Leblanc
to its Board of Directors, effective September 10, 2024. A senior
executive with extensive global operational and functional
leadership experience within diverse mining and metals segments,
Leblanc complements NMG’s Board of Directors as the Company
approaches the launch of its Phase-2 Matawinie Mine and Bécancour
Battery Material Plant upon a positive final investment
decision.
Arne H Frandsen, Chair of NMG, declared: “On behalf of the
Board, I am delighted to welcome Stéphane to Team Nouveau Monde. To
have his experience in building, operating and commercializing key
mining assets in our jurisdiction and on the global scene
represents a valuable addition to our group of talented directors.
His insight will certainly help strengthen NMG’s execution plan to
become the Western World’s largest fully integrated producer of
natural graphite active anode material for the clean energy
transition.”
Eric Desaulniers, Founder, President, and CEO of NMG, stated: “I
am thrilled to welcome Leblanc whose strategic vision and
operational expertise will bolster our commitments to quality, ESG
and profitability. As we enter a pivotal phase with the upcoming
construction of our commercial Phase-2 facilities and continue to
advance our growth plans, his leadership will be instrumental in
steering us toward new heights of innovation and success. Bienvenue
Stéphane!”
Leblanc was previously serving as Managing Director, Rio Tinto
Iron & Titanium with operational, commercial and marketing
responsibility for the division. Prior to this assignment, he was
the Managing Director for Kennecott Utah Copper, as well as
Kennecott’s Chief Operating Officer. He also held the role of
General Manager at Rio Tinto Alcan’s Sebree smelter in Kentucky.
Leblanc recently completed a career of over 30 years with Rio Tinto
for where he held roles in operations management and health, safety
and environment, including two years as Global Head of HSE for the
Alcan smelter group.
With a strong track record of leading transformational efforts
and cultivating safety and sustainability-driven cultures, Leblanc
has a proven capability to drive strategic plans to increase
business value and respond to business changes in complex context.
Leblanc graduated from the University of Sherbrooke in Québec with
a Bachelor of Science degree in Mechanical Engineering.
Directors Stephanie Andersen and Dr. Jürgen K�hler will be
stepping down from their position by the end of the year.
About Nouveau Monde Graphite
Nouveau Monde Graphite is an integrated company developing
responsible mining and advanced manufacturing operations to supply
the global economy with carbon-neutral active anode material to
power EV and renewable energy storage systems. The Company is
developing a fully integrated ore-to-battery-material source of
graphite-based active anode material in Québec, Canada. With
enviable ESG standards and structuring partnerships with anchor
customers, NMG is set to become a strategic supplier to the world’s
leading lithium-ion battery and EV manufacturers, providing
high-performing and reliable advanced materials while promoting
sustainability and supply chain traceability. www.NMG.com
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Cautionary Note
All statements, other than statements of historical fact,
contained in this press release including, but not limited to NMG’s
potential to become the largest fully integrated producer of
natural graphite anode material in the West, the achievement of
NMG’s commitments to quality, ESG, and profitability, the
attainment of new heights of innovation and success, as well as the
construction of Phase 2 commercial facilities and the advancement
of upcoming growth plans, and those statements which are discussed
under the “About Nouveau Monde” paragraph and elsewhere in the
press release which essentially describe the Company’s outlook and
objectives, constitute “forward-looking information” or
“forward-looking statements” (collectively, “forward-looking
statements”) within the meaning of Canadian and United States
securities laws, and are based on expectations, estimates and
projections as of the time of this press release. Forward-looking
statements are necessarily based upon a number of estimates and
assumptions that, while considered reasonable by the Company as of
the time of such statements, are inherently subject to significant
business, economic and competitive uncertainties and contingencies.
These estimates and assumptions may prove to be incorrect.
Moreover, these forward-looking statements were based upon various
underlying factors and assumptions, including the current
technological trends, the business relationship between the Company
and its stakeholders, the ability to obtain sufficient financing
for the development of the Matawinie Mine and the Bécancour Battery
Material Plant, the Company’s ability to provide high-performing
and reliable advanced materials while promoting sustainability and
supply chain traceability, the consumers demand for components in
lithium-ion batteries for EVs and energy storage solutions, the
ability to operate in a safe and effective manner, the timely
delivery and installation at estimated prices of the equipment
supporting the production, assumed sale prices for graphite
concentrate, the accuracy of any Mineral Resource estimates, future
currency exchange rates and interest rates, political and
regulatory stability, prices of commodity and production costs, the
receipt of governmental, regulatory and third party approvals,
licenses and permits on favorable terms, sustained labor stability,
stability in financial and capital markets, availability of
equipment and critical supplies, spare parts and consumables, the
various tax assumptions, CAPEX and OPEX estimates, all economic and
operational projections relating to the project, local
infrastructures, the Company’s business prospects and opportunities
and estimates of the operational performance of the equipment, and
are not guarantees of future performance.
Forward-looking statements are subject to known or unknown risks
and uncertainties that may cause actual results to differ
materially from those anticipated or implied in the forward-looking
statements. Risk factors that could cause actual results or events
to differ materially from current expectations include, among
others, those risks, delays in the scheduled delivery times of the
equipment, the ability of the Company to successfully implement its
strategic initiatives and whether such strategic initiatives will
yield the expected benefits, the availability of financing or
financing on favorable terms for the Company, the dependence on
commodity prices, the impact of inflation on costs, the risks of
obtaining the necessary permits, the operating performance of the
Company’s assets and businesses, competitive factors in the
graphite mining and production industry, changes in laws and
regulations affecting the Company’s businesses, including the
changes in China’s policy regarding restrictions on Chinese
graphite materials exportations, political and social acceptability
risk, environmental regulation risk, currency and exchange rate
risk, technological developments, and general economic conditions,
as well as earnings, capital expenditure, cash flow and capital
structure risks and general business risks. A further description
of risks and uncertainties can be found in NMG’s Annual Information
Form dated March 27, 2024, including in the section thereof
captioned “Risk Factors”, which is available on SEDAR+ at
www.sedarplus.ca and on EDGAR at www.sec.gov. Unpredictable or
unknown factors not discussed in this Cautionary Note could also
have material adverse effects on forward-looking statements.
Many of these uncertainties and contingencies can directly or
indirectly affect, and could cause, actual results to differ
materially from those expressed or implied in any forward-looking
statements. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Forward-looking statements are provided for the purpose
of providing information about management’s expectations and plans
relating to the future. The Company disclaims any intention or
obligation to update or revise any forward-looking statements or to
explain any material difference between subsequent actual events
and such forward-looking statements, except to the extent required
by applicable law.
The market and industry data contained in this press release is
based upon information from independent industry publications,
market research, analyst reports and surveys and other publicly
available sources. Although the Company believes these sources to
be generally reliable, market and industry data is subject to
interpretation and cannot be verified with complete certainty due
to limits on the availability and reliability of raw data, the
voluntary nature of the data-gathering process and other
limitations and uncertainties inherent in any survey. The Company
has not independently verified any of the data from third-party
sources referred to in this press release and accordingly, the
accuracy and completeness of such data is not guaranteed.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Further information regarding the Company is available in the
SEDAR+ database (www.sedarplus.ca), and for United States readers
on EDGAR (www.sec.gov), and on the Company’s website at:
www.NMG.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240912501312/en/
MEDIA
Julie Paquet VP Communications & ESG Strategy
+1-450-757-8905 #140 jpaquet@nmg.com
INVESTORS
Marc Jasmin Director, Investor Relations +1-450-757-8905 #993
mjasmin@nmg.com
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