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NMG receives $50 million investment for its graphite ore-to-battery-material operations in Canada - Charged EVs

Summary by chargedevs.com
Integrated graphite battery anode developer Nouveau Monde Graphite has received a combined equity investment of $50 million from the Canadian government’s Canada Growth Fund and the Government of Québec via its agent Investissement Québec, to continue advancing its development toward commercial operations. As the company prepares for a final investment decision regarding its Phase 2 Matawinie Mine and Bécancour Battery Material Plant, the invest…
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chargedevs.com broke the news in on Wednesday, January 15, 2025.
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