Exciting Year Ahead, as Nouveau Monde Begins Production of Carbon-Neutral Battery Materials for the Electric Vehicle and Ren...
January 05 2021 - 3:00AM
Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”)
(TSX.V: NOU; OTCQX: NMGRF; Frankfurt: NM9) is starting 2021 with
momentum after a remarkably productive fall season. The Company
expects to obtain governmental authorization for its Matawinie
graphite project early in Q1, enabling the construction of its
commercial facilities, and to complete the construction and
commissioning of its proprietary phase 1 purification facility for
mid-2021 in Bécancour, Québec.
2021 Goals: Executing the Business
Plan
Nouveau Monde’s mission is clear: producing the
greenest advanced graphite materials with a carbon-neutral
footprint for a sustainable world. The Company is the most advanced
fully integrated source of green battery anode material in the
Western World, becoming the largest and most sustainable graphite
operator to serve the energy revolution.
The Company will provide advanced carbon-neutral
graphite-based material solutions to the growing lithium-ion and
fuel cell markets. With low-cost operations and the highest ESG
standards, Nouveau Monde will become a strategic supplier to the
world’s leading battery and auto manufacturers, ensuring robust and
reliable advanced material, while guaranteeing supply chain
traceability.
In 2021, Nouveau Monde will advance its mining
and battery material transformation projects to the start of
commercial activities by 2023. As such, the Company’s goals for
2021 include:
- continued safe operation of
production facilities according to the highest health, safety and
environmental standards;
- receipt of the Québec government
decree during Q1 to enable the construction of the Matawinie
project's commercial facilities in Saint-Michel-des-Saints,
Québec;
- in H1, the construction and
commissioning of the phase 1 purification facility in Bécancour,
Québec, to produce advanced material for lithium-ion
batteries;
- secure the best long-term strategic
partnerships and/or long-term supply agreements from the multiple
ongoing discussions and qualification processes with battery makers
and OEMs;
- development of innovative emissions
compensation projects in partnership with local communities, in
order to demonstrate the Company’s well-considered and credible
commitment to carbon-neutrality since inception and indeed, for the
duration of Nouveau Monde’s activities;
- continuation of employee training
and business opportunity promotion programs targeting the Upper
Matawinie and Atikamekw communities; and
- maintain and nurture the Company’s
relationship with the Upper Matawinie communities, namely
Saint-Michel-des-Saints, Saint-Zénon and the Atikamekw First
Nation, as well as the Bécancour region to demonstrate with clear
actions, that Nouveau Monde’s presence is a vector of sustainable
socio-economic developments.
Eric Desaulniers, President and CEO of
Nouveau Monde stated: “The Nouveau Monde team is proud to
have worked relentlessly with a clear vision, since the discovery
of our Matawinie deposit in 2015. After five years of effort, our
team is excited to have produced a construction-ready project of
world-class quality and scale. Developing a large-scale mining and
value-added project like Matawinie takes tireless effort by a
multi-faceted and highly skilled team. In addition, it can only
happen if you have long term supportive investors and stakeholders
– including local communities and a supportive Government. At
Nouveau Monde, we are fortunate to have assembled this winning
combination.” Mr. Desaulniers continued: “This
year will be an exciting year, as we produce our first anode
materials and further the execution of our business strategy, which
is set to build a company which is one of the world’s largest high
quality anode material producers. Our entire team understands the
tasks at hand in order to deliver these thousands of tonnes of
advanced material to our customers to enable the energy revolution
for the good of the environment and the benefit of our
economy.”
About Nouveau Monde
Nouveau Monde will be a key operator in the
sustainable energy revolution. The Company is developing the only
fully integrated source of green battery anode material in the
Western World. Targeting full-scale commercial operations by early
2023, the Company will provide advanced carbon-neutral
graphite-based material solutions to the growing lithium-ion and
fuel cell markets. With low-cost operations and the highest ESG
standards, Nouveau Monde will become a strategic supplier to the
world’s leading battery and auto manufacturers, ensuring robust and
reliable advanced material, while guaranteeing supply chain
traceability.
Media |
Investors |
|
|
Julie Paquet Director,
Communications +1-450-757-8905 #140 jpaquet@nouveaumonde.ca |
Christina Lalli Director,
Investor Relations +1-438-399-8665 clalli@nouveaumonde.ca |
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Cautionary Note Regarding
Forward-Looking Information All statements, other
than statements of historical fact, contained in this press release
including, but not limited to (I) the positive impact of
the foregoing on project economics, and (ii) generally, or the
“About Nouveau Monde” paragraph which essentially describe the
Corporation’s outlook and objectives, constitute “forward-looking
information” or “forward-looking statements” within the meaning of
certain 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 Corporation 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.
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
Corporation 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.
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 Corporation is
available in the SEDAR database (www.sedar.com) and on the
Corporation’s website at: www.NouveauMonde.ca
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