On the back of agreed-upon offtake agreements with Panasonic Energy Co., Ltd. , a wholly owned subsidiary of Panasonic Holdings Corporation , and General Motors Holdings LLC, a wholly owned subsidiary of General Motors Co. ,
Nouveau Monde Graphite Inc. has rallied Mitsui & Co., Ltd and Pallinghurst Bond Limited for an aggregate combined investment of US$87.5 million to advance its development toward commercial operations. Projected to become the first fully integrated natural graphite active anode material production of its kind in North America, NMG is set to provide a carbon-neutral, reliable, sizeable, and ESG-driven source of Canadian natural graphite for the local electric vehicle and lithium-ion battery market. This press release features multimedia. View the full relea...