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
The two companies have signed separate agreements to each buy 18,000 metric tons of active anode material a year over six to seven years from the Quebec miner
Under the agreement, the mining company will provide 18,000 tonnes per annum of refined graphite from the second phase of its Becancour plant to GM for an initial term of six years, once it reaches full production.
Nouveau Monde Graphite (TSX-V: NOU; NYSE: NMG) inked on Thursday multi-year offtake agreements with General Motors (NYSE: GM) and Panasonic Holdings, with […]