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UPDATE – Nouveau Monde Announces Phase 2 of What Is Planned to Become North America s Largest Fully Integrated Anode Material Production Facility – Supported by Strong Economics and Carbon Neutrality – Padovanews
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(1)Â
Assumes a transfer pricing at Matawinie mineral project FS 43-101 operating cost plus transportation cost to Bécancour
(2)Â
Assumes a transfer pricing at Matawinie mineral project FS 43-101 sales price plus transportation cost to Bécancour The Capex and Opex prepared for this FEL-1 are based on a Class 4 type estimate as per the American Association of Cost Engineers (âAACEâ) International Practice 18R-97 with a target accuracy between -30% to +40%. The Capex is estimated at US$545 million including the material, equipment, labour and freight required for the plant, as well as all infrastructure and services necessary to support the operation. The estimate excludes the ownerâs cost, provision for escalation and all duties and taxes.
French
Nouveau Monde’s mission and strategy is to become the Western World’s largest producer of high-quality anode materials to be used mainly in batteries for electrical vehicles and renewable energy storage
Its large-scale lithium-ion active anode material facility in Bécancour, Québec (Canada) (“Bécancour VAP project”) is an integral part of its strategy
Nouveau Monde has acquired a 200,000 m
2 parcel in the industrial park of Bécancour, adjacent to its Phase 1 plant located within the facilities of Olin Corporation
The Phase 1 plant of the Bécancour VAP project is currently under construction, with a planned nameplate capacity of 2 kilotonnes per annum (“ktpa”) of anode material and scheduled to make its first production within 12 months
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