Latest news with #NouveauMondeGraphite
Bloomberg
18-07-2025
- Business
- Bloomberg
Battery Material Maker Stocks Jump as US Eyes 93% China Duty
Battery material makers' stocks climbed after the US Commerce Department imposed preliminary anti-dumping duties of 93.5% on graphite imports from China. Shares of Australian graphite miner Syrah Resources Ltd. surged as much as 38%, while shares of South Korea's Posco Future M Co. climbed 24%. Gains in these and other Asian stocks tracked earlier jumps in Canadian peers including Nouveau Monde Graphite Inc.
Malay Mail
07-07-2025
- Business
- Malay Mail
First Phosphate Produces LFP Battery Cells Using North American Critical Minerals
Using mainly Quebec critical minerals Phosphate: High-purity phosphoric acid produced from igneous phosphate concentrate extracted from the First Phosphate Bégin-Lamarche property in Quebec, Canada and processed in the pilot installations of Prayon Technologies of Belgium, Europe. High-purity phosphoric acid produced from igneous phosphate concentrate extracted from the First Phosphate Bégin-Lamarche property in Quebec, Canada and processed in the pilot installations of Prayon Technologies of Belgium, Europe. Iron: Iron powder produced using magnetite concentrate from the First Phosphate Bégin-Lamarche property in Quebec, Canada and processed by GKN Hoeganaes of Tennessee, USA. Iron powder produced using magnetite concentrate from the First Phosphate Bégin-Lamarche property in Quebec, Canada and processed by GKN Hoeganaes of Tennessee, USA. Lithium: Lithium carbonate produced by Century Lithium Corp. (TSXV: LCE) from its operations in Nevada, USA. Lithium carbonate produced by Century Lithium Corp. (TSXV: LCE) from its operations in Nevada, USA. Graphite: Natural graphite-based active anode material produced by Nouveau Monde Graphite (NYSE: NMG) from its operations in Quebec, Canada. [email protected] Saguenay, Quebec - Newsfile Corp. - July 7, 2025 - First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that it has successfully produced commercial-grade lithium iron phosphate ("LFP") 18650 format battery cells using, advancing its mission to localize the LFP battery supply chain in North LFP cathode and anode materials for the First Phosphate 18650 LFP battery cells were produced using North American critical minerals from the following supply sources:"Today we demonstrate that North America, and Quebec in particular, possess the full spectrum of critical minerals and industrial capabilities to re-onshore LFP battery cell production," said John Passalacqua, CEO of First Phosphate. "It is important to remember that LFP battery technology originated in North America. Reclaiming this leadership is essential to securing North American energy storage, mobility, data center, robotics, and defense industry infrastructure."The production process for the First Phosphate LFP 18650 Battery cells from North American critical minerals is viewable at: LFP 18650 battery cells are versatile lithium-ion batteries that are widely used in industries such as robotics, automation, military and defense, data centers, telecommunications, medical devices, consumer electronics and electric 18650 battery cells can be found in autonomous electronic devices such as robots, drones and UAVs, power chargers, laptops, power tools, electric bicycles and scooters, solar storage devices, home energy and power backup units, flashlights, digital cameras, night vision goggles, medical diagnostic equipment, data centers, AI infrastructure and telecommunications LFP 18650 battery cells were assembled for First Phosphate by Ultion Technologies Inc (Las Vegas, Nevada), a private battery technology company specializing in LFP battery materials and cells with development and pack assembly operations for North American First Phosphate LFP 18650 battery cells are being unveiled today by First Phosphate CEO, John Passalacqua, at the Oreba3 International Conference on Olivines for Rechargeable Batteries in memory of John B. Goodenough, 2019 Nobel Laureate in Chemistry. For additional details, please see: First Phosphate (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) is a mineral development company dedicated to producing high-purity phosphate for the LFP battery industry. The Company's vertically integrated approach connects sustainable phosphate mining in Quebec with North American battery supply chains, targeting the energy storage, data center, robotics, mobility, and defense sectors. First Phosphate's flagship Bégin-Lamarche property in Saguenay-Lac-Saint-Jean is a rare North American igneous phosphate resource, yielding high-purity phosphate with minimal KurtzChief Financial OfficerTel: +1 (416) 200-0657Investor Relations: [email protected] Media Relations: [email protected] Website: X: LinkedIn: The issuer is solely responsible for the content of this announcement.
Yahoo
07-07-2025
- Business
- Yahoo
First Phosphate Produces LFP Battery Cells Using North American Critical Minerals
Using mainly Quebec critical minerals Saguenay, Quebec--(Newsfile Corp. - July 7, 2025) - First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to announce that it has successfully produced commercial-grade lithium iron phosphate ("LFP") 18650 format battery cells using North American-sourced critical minerals, advancing its mission to localize the LFP battery supply chain in North America. The LFP cathode and anode materials for the First Phosphate 18650 LFP battery cells were produced using North American critical minerals from the following supply sources: Phosphate: High-purity phosphoric acid produced from igneous phosphate concentrate extracted from the First Phosphate Bégin-Lamarche property in Quebec, Canada and processed in the pilot installations of Prayon Technologies of Belgium, Europe. Iron: Iron powder produced using magnetite concentrate from the First Phosphate Bégin-Lamarche property in Quebec, Canada and processed by GKN Hoeganaes of Tennessee, USA. Lithium: Lithium carbonate produced by Century Lithium Corp. (TSXV: LCE) from its operations in Nevada, USA. Graphite: Natural graphite-based active anode material produced by Nouveau Monde Graphite (NYSE: NMG) from its operations in Quebec, Canada. "Today we demonstrate that North America, and Quebec in particular, possess the full spectrum of critical minerals and industrial capabilities to re-onshore LFP battery cell production," said John Passalacqua, CEO of First Phosphate. "It is important to remember that LFP battery technology originated in North America. Reclaiming this leadership is essential to securing North American energy storage, mobility, data center, robotics, and defense industry infrastructure." The production process for the First Phosphate LFP 18650 Battery cells from North American critical minerals is viewable at: LFP 18650 battery cells are versatile lithium-ion batteries that are widely used in industries such as robotics, automation, military and defense, data centers, telecommunications, medical devices, consumer electronics and electric mobility. LFP 18650 battery cells can be found in autonomous electronic devices such as robots, drones and UAVs, power chargers, laptops, power tools, electric bicycles and scooters, solar storage devices, home energy and power backup units, flashlights, digital cameras, night vision goggles, medical diagnostic equipment, data centers, AI infrastructure and telecommunications towers. The LFP 18650 battery cells were assembled for First Phosphate by Ultion Technologies Inc (Las Vegas, Nevada), a private battery technology company specializing in LFP battery materials and cells with development and pack assembly operations for North American applications. The First Phosphate LFP 18650 battery cells are being unveiled today by First Phosphate CEO, John Passalacqua, at the Oreba3 International Conference on Olivines for Rechargeable Batteries in memory of John B. Goodenough, 2019 Nobel Laureate in Chemistry. For additional details, please see: About First Phosphate Corp First Phosphate (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) is a mineral development company dedicated to producing high-purity phosphate for the LFP battery industry. The Company's vertically integrated approach connects sustainable phosphate mining in Quebec with North American battery supply chains, targeting the energy storage, data center, robotics, mobility, and defense sectors. First Phosphate's flagship Bégin-Lamarche property in Saguenay-Lac-Saint-Jean is a rare North American igneous phosphate resource, yielding high-purity phosphate with minimal impurities. Media & Investor Contact: Bennett KurtzChief Financial Officerbennett@ +1 (416) 200-0657 Investor Relations: investor@ Relations: media@ Follow First Phosphate: X: Forward-Looking Information & Cautionary Statement This news release contains certain statements and information that may be considered "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved" and other similar expressions. In addition, statements in this news release that are not historical facts are forward-looking statements, including, among other things: the Company's planned exploration and production activities; the properties and composition of any extracted phosphate; and the Company's plans to connect sustainable phosphate mining in Quebec with North American battery supply chains. These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in the Company's public disclosure record including the short form base prospectus dated June 5, 2024, as well as: there being no significant disruptions affecting the activities of the Company or inability to access required project inputs; permitting and development of the projects being consistent with the Company's expectations; the accuracy of the current mineral resource estimates for the Company and results of metallurgical testing; certain price assumptions for P2O5 and Fe2O3; inflation and prices for Company project inputs being approximately consistent with anticipated levels; the Company's relationship with First Nations and other Indigenous parties remaining consistent with the Company's expectations; the Company's relationship with other third party partners and suppliers remaining consistent with the Company's expectations; and government relations and actions being consistent with Company expectations There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Company. In addition, the Company will incur costs in pursuing any particular opportunity, which may be significant. These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company and, though they should be considered carefully, should be considered in conjunction with the risk factors described in the Company's other documents filed with the Canadian and United States securities authorities, including without limitation the "Risk Factors" section of the Company's Management Discussion and Analysis dated June 27, 2025 and Annual Report on 20-F dated July 8, 2024, which are available on SEDAR+ at Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
13-06-2025
- Business
- Yahoo
NMG receives LOIs for more than C$1bn in project debt financing
Nouveau Monde Graphite (NMG) has received letters of interest (LOIs) for more than C$1bn ($731.3m) in project debt financing to fund the company's phase-two Matawinie Mine and Bécancour Battery Material Plant in Québec, Canada. The financing structure is expected to include contributions from syndicate institutional funds and export credit agencies. The company's updated feasibility study, released earlier this year, confirmed the technical and economic viability of its integrated graphite projects, boasting an after-tax internal rate of return of 17.5% and a net present value of C$1.05bn. With this foundation, NMG is moving towards a final investment decision (FID) for phase two of its operations. Export Development Canada (EDC) has expressed interest in providing up to C$430m. The Export–Import Bank of the United States has also issued an LOI for $172m under its Supply Chain Resiliency Initiative (SCRI). The SCRI is designed to diversify US supply chains, reduce dependency on China, and bolster US national and economic security while creating US jobs. Additionally, more than $481m in potential support has been indicated by undisclosed parties. While details remain confidential, these discussions underscore the strategic and economic importance of NMG's project. NMG founder, president and CEO Eric Desaulniers said: 'We have been extremely busy in the past weeks to present the results of our Updated Feasibility Study and engage with our financial stakeholders to advance our project financing. Feedback has been positive as demonstrated by the quality of lenders rallying behind our business plan. 'Economies around the world are seeking opportunities to relocate and secure critical minerals mining and processing to enable local manufacturing, economic resilience, energy autonomy and national security.' NMG is actively engaging with various governmental bodies and public institutions to finalise the overall debt funding package. The anticipated debt structure is in line with NMG's financing projections and contemplates long-term debt or guarantees with a maturity beyond ten years. The non-binding LOIs are a precursor to finalising a term sheet and are part of a broader financing strategy that includes equity financing and fulfilling conditions precedent. While negotiations continue, there is no certainty that final agreements will be reached or that funding will be secured. Specialised advisory firms are conducting due diligence to assess corporate, technical, market and environmental, social and governance aspects of the phase-two operations. The results of this due diligence will inform the structuring of legal documentation and the project debt package before the investment committee reviews. NMG is also preparing for an FID by advancing technical documentation, negotiating supplier contracts and preparing for construction tenders. In December last year, NMG received $50m in equity investment from the Canada Growth Fund and the Government of Québec, through Investissement Québec, to support its graphite operations. "NMG receives LOIs for more than C$1bn in project debt financing" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Market Online
11-06-2025
- Business
- The Market Online
Junior graphite miner surpasses $1B in proposed financing
Junior miner Nouveau Monde Graphite (TSX:NOU) has received more than US$1 billion in non-binding letters of interest for debt financing to develop its phase-2 Matawinie mine and Bécancour battery material plant in Quebec The project holds an estimated net present value of US$1.05 billion Nouveau Monde is developing graphite mining and processing operations to supply carbon-neutral active anode material for electric vehicles and renewable energy storage systems Nouveau Monde Graphite stock has given back 8.2 per cent year-over-year but remains up by 18.6 per cent since 2020 Junior miner Nouveau Monde Graphite (TSX:NOU) has received more than US$1 billion in non-binding letters of interest for debt financing from institutional funds and export credit agencies to develop its phase-2 Matawinie mine and Bécancour battery material plant in Quebec. Potential deals include US$430 million from Export Development Canada, US$172 million from the Export–Import Bank of the United States, and over US$481 million from undisclosed parties interested in the project's strategic and economic significance. Ongoing discussions are centred on long-term debt with maturities beyond 10 years with no capital repayment during project construction. The feasibility-stage mine and battery material plant has been shown to be economically viable for the production of natural graphite and active anode material, boasting an estimated net present value of US$1.05 billion, initial CAPEX of US$1.32 billion, a payback period of only 5 years, and over 8 million tons of graphite resources and reserves to be processed over a 25-year mine life. According to Wednesday's news release, Nouveau Monde is advancing due diligence towards a final investment decision for phase-2 operations, covering the project's corporate, technical, market and ESG components, with eyes on capitalizing on rising graphite demand and the fast-growing North American battery and EV sector. Leadership insights 'We have been extremely busy in the past weeks to present the results of our updated feasibility study and engage with our financial stakeholders to advance our project financing,' Eric Desaulniers, founder, president and chief executive officer of Nouveau Monde Graphite, said in a statement. 'Feedback has been positive as demonstrated by the quality of lenders rallying behind our business plan. Economies around the world are seeking opportunities to relocate and secure critical minerals mining and processing to enable local manufacturing, economic resilience, energy autonomy and national security.' About Nouveau Monde Graphite Nouveau Monde is developing graphite mining and processing operations to supply carbon-neutral active anode material for electric vehicles and renewable energy storage systems. Nouveau Monde Graphite stock (TSX:NOU) is up by 9.44 per cent on the news trading at C$2.55 as of 11:50 am ET. The stock has given back 8.2 per cent year-over-year but remains up by 18.6 per cent since 2020. Join the discussion: Find out what everybody's saying about this graphite stock on the Nouveau Monde Graphite Inc. Bullboard and check out Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
