Nouveau Monde Graphite visit Caterpillar HQ to further plans for an all-electric mine fleet

Senior Nouveau Monde Graphite team members paid a special visit to Caterpillar HQ as part of our electrification partnership.

Besides meetings, the team had a chance to tour the Machine Development Centre at the Peoria Proving Grounds – where the Caterpillar EV Technical Team plans the deployment of the Cat®️ zero-emission machines for our Matawinie mining project.

Nouveau Monde and Pallinghurst are both committed to making Matawinie the world’s first all-electric open-pit mine, and are delighted to have Caterpillar as a strategic partner!

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Pallinghurst and Traxys join forces – creating a joint venture to capitalise on the strong growth in demand for responsibly sourced battery materials

In November 2019, the Pallinghurst Group, and leading global commodities trader, Traxys, today announced the launch of the Pallinghurst-Traxys Battery Materials joint venture.
Through the Joint Venture, Pallinghurst and Traxys will invest in and establish controlling positions in projects to develop and supply responsibly and ethically sourced materials to the growing rechargeable battery and energy storage industry.

The Joint Venture expects to benefit from increased environmental awareness and commitment to decarbonisation from consumers and regulators, which has resulted in growing adoption of electric vehicles and global demand for rechargeable batteries. These trends are underpinned by strong financial support from many governments and changes in consumer preferences. Pallinghurst-Traxys also expects to benefit from an increase in installed energy storage capacities within electric grids.

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Pallinghurst and Traxys join forces – creating a joint venture to capitalise on the strong growth in demand for responsibly sourced battery materials

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