Nouveau Monde Graphite (“NMG”) is one of the most developed graphite projects in North America and will help fill the North American graphite supply gap; supporting the global boom in EV adoption. NMG’s flagship Matawinie project will use standard natural graphite processing procedures to deliver high-purity, battery-grade graphite concentrate of >97% Cg from an all-electric mining operation utilising hydroelectric power, creating one of the lowest carbon footprint mines in the world.
The management team and technical experts at NMG have vast experience in the mining of graphite. Furthermore, NMG has an array of institutional investors and partners including the development and investment funds of the Canadian government.
During April 2019, The Pallinghurst Group invested CAD10m into NMG via a private placement and acquired a 19.99% interest and sees NMG as a cornerstone to its focus on battery and energy storage metals in line with its investment objective.