Nouveau Monde Graphite signs updated binding offtake term sheet with Canada; 30,000 tpa take-or-pay deal spans seven years

Reuters03-26
Nouveau Monde Graphite signs updated binding offtake term sheet with Canada; 30,000 tpa take-or-pay deal spans seven years
  • Nouveau Monde Graphite executed an updated binding long-form term sheet with the Government of Canada for the supply, storage, and resale of graphite concentrate from the Phase-2 Matawinie Mine in Québec.
  • Canada committed to purchase 30,000 tonnes per annum of flake graphite concentrate on a take-or-pay basis over a seven-year term.
  • Pricing for the committed volumes is based on a North American fixed price, with an annual inflation adjustment aligned with the Industrial Product Price Index.
  • The framework allows resale of Canada’s committed volumes with a 50-50 upside-sharing mechanism when resale proceeds exceed the fixed price.


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: 20260326386354) on March 26, 2026, and is solely responsible for the information contained therein.

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