ENERGY MINERALS

Nouveau Monde expects higher graphite prices

Having lined up an offtake and financing deal with Japan’s Panasonic Energy, Nouveau Monde Graphite aims to get another one or two offtakes agreed to underpin its financing efforts for the Matawinie graphite mine and Becancour battery materials plant in Quebec, Canada, president and CEO Eric Desaulniers told Mining Journal at the 2023 Vancouver Resource Investor Conference.

Paul Harris in Vancouver, Canada
 Nouveau Monde Graphite's Matawinie deposit in Quebec, Canada

Nouveau Monde Graphite's Matawinie deposit in Quebec, Canada

The company signed a memorandum of understanding with Panasonic in November 2022, confirming its intention for a multi-year offtake agreement for anode material. Matawinie would provide 103,000tpa of graphite...

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