Issuance of NMG’s 2022 ESG Report demonstrating advancement on climate action, biodiversity management, Indigenous relations, governance, and stakeholder engagement.
Recent announcements via Canada’s and Québec’s budgets provide new fiscal measures and levers for investment that strengthen NMG’s Phase-2 financing structure in complement to ongoing activities with export credit agencies and governmental branches.
Signature of definitive agreements with Caterpillar that frame the deployment of technology, testing collaboration, as well as procurement of zero-exhaust emission fleet and infrastructure at the Matawinie Mine.
Nomination of Stéphane Imbeault as Vice President, Bécancour Project, to lead the engineering, construction, and commissioning of the Bécancour Battery Material Plant as part of the Company’s active preparation for the launch of construction of its Phase-2 facilities.
Advancement of technical and commercial parameters definition for a multi-year offtake agreement with Panasonic Energy and simultaneous engagement with other tier-1 potential customers in the EV and battery sector through product qualification and commercial discussions.
Offtake MoU signed to explore opportunities for NMG to supply carbon-neutral graphite materials to Caterpillar for the development of its secure, resilient, and sustainable battery supply chain.
Upcoming participation to major commercial and investment events to elevate NMG’s visibility in the market and engage with potential customers and investors; The Europe Battery Show, TD Cowen Sustainability Week and Batteries Gigafactories USA.
Securing of financial levers via underwritten public financing generating approximately US$22 million and R&D grants of up to CA$3.6 million.
Battery and EV markets continue their expansion pushed by consumer demand and environmental legislation; 2023 is set to see battery production reach 1 TWh on a global basis for the first time (Benchmark Mineral Intelligence, Q1-2023).
NMG’s Annual General and Special Meeting of Shareholders scheduled for June 19, 2023, via webcast.
Continued focus on safe conduct of activities with a year-to-date OSHA rate of 0 at the Company’s facilities and 0 for contractors’ work, with no major environmental incident.
The world’s first hydrogen-powered aircraft, using global power leader Cummins’ fuel cell technology, was unveiled at the Stuttgart Airport in Germany in December 2020. Called the DLR-HY4, the four-seat airplane has successfully completed 30 2-hour test flights.
The evening before the 9th Sustainability Dialog in Stuttgart kicked off with open, helpful, but also controversial discussions. \"If we plan to meet the Paris climate goals, traffic must become cleaner\", guest speaker Peter Bakker from the World Business Council for Sustainable Development explained to the audience.