Nouveau Monde Mining (TSE:NOU) has released an update.
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Nouveau Monde Mining has announced significant advancements in its quest to establish North America’s leading mine-to-battery graphite production, securing strategic investments and offtake agreements with industry giants like Panasonic Energy and GM. The company has made notable progress in project financing, workforce development, and stakeholder engagement, and it’s poised to benefit from the growing electric vehicle market, which has seen a 31% increase in global sales. With robust Environmental, Social, and Governance (ESG) credentials, NMG is setting the stage for a Phase-2 expansion and capitalizing on the anticipated market shift towards North American anode production.
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