NMG Releases Updated Feasibility Study for Phase 2 Integrated Ore-to-Active Anode Material Operations: Matawinie Mine and Bécancour Battery Materials Plant

Updated Feasibility Study covering NMG’s Phase-2 Matawinie Mine and the Bécancour Battery Material Plant for an integrated production of natural graphite and active anode material within a 150-km radius of Montréal, Québec, Canada. Integrated production model refined and updated in light of technological development, project optimizations, engineering advancement, and updated economic factors. Significant derisking with the adoption of the prevalent purification technology, aligned with established commercial operations worldwide. Updated Feasibility Study indicates an after-tax IRR of 17.5% and NPV of US$1,053 million with revenue reflective of third-party market projection of NMG’s offtakes with Panasonic and GM, and for the balance of production. Results confirm NMG’s Phase-2 technical and economic viability, enabling the Company to enter its project financing stage with a view to FID. Updated Feasibility Study to be presented to targeted lenders, Anchor Customers and institutional equity investors to advance and formalize the project financing and reach FID. Upon a positive FID, NMG’s Phase 2 Matawinie Mine and Bécancour Battery Material Plant could be built and enter commercial production within less than three years. Toronto, Ontario–(Newsfile Corp. – March 28, 2025) – Mason Resources Inc. (TSXV: LLG) (OTCQB: MGPHF) (“Mason“) is pleased to announce that Nouveau Monde Graphite Inc. […]