Nouveau Monde announces a milestone for the commercialisation of its graphite anode material

   Nouveau Monde (TSX.V: NOU)

Announced a strategic milestone for the commercialisation of its value-added and sustainable “battery-grade” graphite anode material

NOU have entered into a five-year agreement with Olin Corporation which includes commercial space for operations, technical services and the supply of certain raw materials to implement our proprietary thermochemical purification operations.

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Nouveau Monde (TSX.V: NOU) announces a strategic milestone for the commercialisation of its value-added and sustainable “battery-grade” graphite anode material

NOU have entered into a five-year agreement with Olin Corporation which includes commercial space for operations, technical services and the supply of certain raw materials to implement our proprietary thermochemical purification operations.

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HIGHLIGHTS

  • Nouveau Monde will establish the first two commercial-size purification modules for its demonstration activities at the existing facilities of Olin Corporation in Bécancour, Quebec.
  • Ready in the second half of 2021, the modular furnaces will have a nominal capacity to process up to 1,500 tonnes of purified battery-grade graphite per year, generating substantial cash flow in the short term .
  • This milestone cements Nouveau Monde’s vertical integration strategy , enabling it to leverage the entire value chain, from mine to anode equipment.
  • New World’s high-purity graphite products will target high-growth markets such as lithium-ion batteries, fuel cells, and heat dissipation wafers for 5G technologies.

Eric Desaulniers

President and CEOalt_textEO

“After four years of technological development, modeling and laboratory testing with top universities, engineering firms and international experts, we are excited to develop our first commercial scale purification capability, thanks to the backing from one of the world’s most respected chemical companies. We have found in Olin a leading supplier motivated by the same values ​​of safety, innovation and sound environmental management. “
READ THE PRESS RELEASE

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