Nouveau Monde Graphite Advances Phase-2 Matawinie Mine with Major Offtake Agreements

Reuters11-12

Nouveau Monde Graphite Advances Phase-2 Matawinie Mine with Major Offtake Agreements

Nouveau Monde Graphite Inc. has announced significant progress on its Phase-2 Matawinie Mine project, which aims to supply natural graphite to North American, European, and G7-allied markets. The company has secured multi-year offtake agreements and term sheets covering nearly 100% of the planned graphite production, including a 15,000 tonnes-per-annum take-or-pay commitment by the Government of Canada as part of a total 30,000 tpa framework. Project development is advancing through engineering, procurement, and financing activities, with due diligence and term sheet negotiations underway. The initiative is part of NMG's strategy to diversify its market reach across key sectors such as energy, defense, and manufacturing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nouveau Monde Graphite Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251112730891) on November 12, 2025, and is solely responsible for the information contained therein.

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