Brief: NMG Provides Update On Progress Toward FID For Its Fully Integrated Ore-To-Active-Anode-Materials Phase-2 Operations

Nouveau Monde Graphite

15/11/2024 12:07

Nov 15 (Reuters) - Nouveau Monde Graphite Inc  NOU.V :
    * NMG PROVIDES UPDATE ON ITS PROGRESS TOWARD FID FOR ITS
FULLY
INTEGRATED ORE-TO-ACTIVE-ANODE-MATERIALS PHASE-2 OPERATIONS
    * NOUVEAU MONDE GRAPHITE - ELIGIBILITY TO REFUNDABLE
INVESTMENT
TAX CREDIT FROM CANADIAN GOVERNMENT ESTIMATED AT ABOUT $350
MILLION FOR PHASE-2 FACILITIES
    * NOUVEAU MONDE GRAPHITE INC - ACTIVELY WORKING ON UPDATING
FEASIBILITY STUDY FOR ITS INTEGRATED
ORE-TO-ACTIVE-ANODE-MATERIAL PHASE 2
    * NOUVEAU MONDE GRAPHITE INC - MANAGEMENT EXPECTS RESULTS OF
UPDATED INTEGRATED FEASIBILITY STUDY TO BE READY EARLY IN
Q1-2025

Source text:  urn:newsml:reuters.com:*:nBw5znSNYa
Further company coverage:  NOU.V 

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