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Stock impact report

NMG Acquires Mason Resources' Lac Guéret Graphite Deposit/Uatnan Mining Project – One of the World's Largest Graphite Projects in Development [Yahoo! Finance]

Nouveau Monde Graphite Inc. Common Shares (NMG) 
Company Research Source: Yahoo! Finance
+ Preliminary economic assessment of the Uatnan Mining Project has demonstrated attractive economics for a targeted production of approximately 500,000 tonnes of graphite concentrate per annum over a 24-year life of mine, making it one of the World's largest graphite projects in development. + NMG is committed to developing the asset in close collaboration with the Innu First Nation of Pessamit. + As for its current operations, NMG is committed to promoting best-practice environmental assessment, ecoengineering, and stakeholder engagement. + Acquisition to position NMG as a leading graphite producer with 100% ownership in North America's two largest and most advanced projected natural graphite operations leveraging its knowledgeable workforce of over 100 employees, operational Phase-1 facilities, and clean extraction and processing technologies. + Graphite demand for lithium-ion batteries is projected to grow to more than 10 million tonnes per annum by the end of the decade, Show less Read more
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