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+ Advancement of technical and commercial parameters for a definitive multi-year offtake agreement with Panasonic Energy covering a significant portion of NMG’s active anode material production from the Company’s “ore-to-anode-material” Phase-2 facilities.
+ 2022 groundwork at Matawinie Mine completed, with key environmental infrastructures built in preparation for the start of civil work.
+ Continued advancement of Phase-2 project financing activities through export credit agencies’ due diligence exercises and engagement with governmental branches.
+ Preparation for construction of NMG’s Phase-2 sites through the development of an execution and contracting strategy, a hiring plan and advancement of engineering.
+ Active engagement towards offtake agreements with other potential tier-1 customers in the EV and battery sector via the production of battery-grade samples, site visits, quality checks, commercial discussions, and environmental reviews.
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