Nouveau Monde Mining (TSE:NOU) has released an update.
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Nouveau Monde Graphite Inc. (NMG) reports significant strides in its Phase-2 project to establish North America’s premier mine-to-battery graphite production, securing strategic investments and offtake agreements with Panasonic Energy and General Motors. These partnerships, alongside a $50 million investment and plans for further funding up to $275 million, underscore NMG’s progress and commitment to the clean energy sector. The company has also initiated an innovative training program to bolster the local workforce for its Bécancour Battery Material Plant.
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