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NMG strikes major deals to push graphite extraction for Panasonic and GM

Canada's Nouveau Monde Graphite has concluded binding offtake agreements with Tesla's battery partner Panasonic and General Motors for anode material. The new clients also agreed to raise capital for the raw materials company.

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US IRA scheme spurs activity on multiple fronts in graphite anode sector

Find out how graphite companies Nouveau Monde Graphite, Novonix and Westwater have all announced offtake agreements in a developing US anode supply chain to comply with that country’s generous subsidy scheme under the Inflation Reduction Act and to ease the current dependence on China for material

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Nouveau Monde Graphite (NMG) Announces Offtake Agreement with GM for Canadian Graphite, $150 Million Equity Investment

Nouveau Monde Graphite (NMG) Announces Offtake Agreement with GM for Canadian Graphite, $150 Million Equity Investment
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NMG Secures Multiyear Offtakes and total US$87 5 Million Investment from Anchor Customers and Strategic Investors to Underpin its Phase 2 Ore-to-Battery-Material Graphite Operations

Panasonic Energy and GM concurrently commit to multiyear offtake agreements for NMG’s active anode material, covering approximately 85% of NMG’s planned Phase-2 fully integrated production,.

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General Motors, Panasonic sign investment deals with Canadian graphite producer

General Motors, Panasonic sign investment deals with Canadian graphite producer
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