The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Rising demand, lack of domestic supply, and China's dominance. While graphite has not captured the same level of media attention as some of the other mined materials critical to the clean energy transition, the strategic nature of this largest ingredient in lithium-ion batteries powering electric vehicles is high on the list of concerns for American automakers, Washington policymakers, and the Pentagon's top brass. These worries are based on a trifecta of graphite...
Invests in Nouveau Monde Graphite and locks up 85% of the zero-carbon lithium-ion battery anode material to be made in Canada by NMG. General Motors and Panasonic Energy have entered into a deal with Canada-based Nouveau Monde Graphite (NMG) for a supply of low-carbon graphite anode material produced in North America for the lithium-ion batteries powering their electric vehicles. As part of a larger deal that spurred a total of $87.5 million in new investment and sent NMG...
Syrah begins production of lithium-ion battery anode material for Tesla and others at Vidalia. A major milestone in breaking America's reliance on China for the minerals critical to the clean energy transition has been reached with the start of operations at Syrah Resources Ltd.'s Vidalia graphite anode materials plant in Louisiana. Being the primary material used for anodes, graphite is the single largest ingredient that goes into the lithium-ion batteries powering electric...
Nouveau Monde Graphite to buy 100% interest in the Lac Guéret graphite deposit. In a strategic move that positions Nouveau Monde Graphite Inc. to further ramp up its capacity to offer a reliable and environmentally sound supply of graphite for the lithium batteries powering electric vehicles, the Canadian mining and processing company has acquired full ownership of Mason Resources Inc.'s world-class Uatnan graphite project in Quebec. Uatnan is a road-accessible project about 1...
Nouveau Monde, Caterpillar's work to create a model for zero-carbon mining in Quebec; tackles key electric mining questions. From working with Caterpillar to develop an electric mining fleet for its Matawinie graphite mine, to securing affordable hydropower to produce lithium battery anode material, Nouveau Monde Graphite Inc. continues to pioneer a low-carbon mine-to-battery supply chain in Quebec. "Quebec is becoming North America's green battery thanks to its vast hydropowe...
A flurry of industry partnerships on battery material projects followed landmark alliance between nations. In a move that aligns Canada's rich minerals endowment with Japan's battery-making expertise, the two countries have entered into a historic battery supply chain agreement. "Canada and Japan are committed to advancing our shared ambitions to develop sustainable and reliable global battery supply chains," said Canada Minister of Innovation, Science, and Industry...
Every electric vehicle rolling off an assembly line increases the demand for graphite by an average of around 160 pounds. With more than 30 million EVs expected to hit global highways each year by 2030 and upwards of 45 million by 2045, the transition to e-mobility will require up to eight times more graphite than was mined globally during 2022. While graphite has not received the attention of other EV battery ingredients such as cobalt, lithium, and nickel, this highly...
Collaborative investment of C$1.2 billion into future battery cathode facility. Coming out of the region that will hold one of the more prominent footholds for battery-related industries, Ford Motor Company announced an investment of C$1.2 billion (US$885,660) to build a battery cathode manufacturing facility in Becancour, Quebec, for future Ford electric vehicles. Becancour is a small town along the shores of the St. Lawrence River about halfway between Montreal and Quebec...
Becancour, a small Quebec town along the shores of the St. Lawrence River about midway between Montreal and Quebec City, is rapidly emerging as an epicenter for producing the advanced materials needed for lithium-ion batteries powering the electric vehicle revolution. This rural Canadian town of around 12,800 people surfaced in the battery space about a year ago when Nouveau Monde Graphite Inc. announced plans to build a facility there to produce the coated spherical purified...
Toward its goal of reducing carbon emissions from its operations by 33% by 2030 and being a completely carbon-neutral mining company by 2050, Teck Resources Ltd. has entered into an agreement with Caterpillar Inc. to develop, pilot, and ultimately deploy 30 zero-emissions large haul trucks to its mines. "Teck is already one of the world's lowest carbon intensity producers of copper, zinc and steelmaking coal, and now we are taking further action to develop and implement the te...
PEA outlines plan for 500,000 tpa graphite mine at Lac Guéret in Northern Quebec. As it ramps up to commercial production at its Matawinie graphite mine and Becancour battery materials plant in Quebec, Nouveau Monde Graphite Inc. released the results of a preliminary economic assessment for developing a much larger graphite mining operation at the world-class Lac Guéret deposit on Mason Graphite Inc.'s Uatnan project in Northern Quebec. A road-accessible project about 175 m...
To build electric mining equipment with potential to offer clean energy benefits that will ripple far beyond the mining sector. Building off a collaboration that was first forged in 2021, Caterpillar Inc. has entered into a definitive agreement to supply Nouveau Monde Graphite Inc. with electric mining equipment that will lower the carbon footprint of producing the graphite critical to lithium batteries. In turn, the junior mining company will supply the global heavy...
In a landmark deal that is expected to further solidify Quebec as a major North American hub for the enormous quantities of graphite needed for the lithium-ion batteries powering the electric vehicle revolution, Nouveau Monde Graphite Inc. has agreed to invest in advancing Mason Graphite Inc.'s Lac Guéret graphite project toward development. Under an option and joint venture agreement announced on May 16, Nouveau Monde will invest up to C$5 million into the equity of Mason...
It is going to require enormous quantities of graphite for the lithium batteries powering the electric vehicle revolution, and Nouveau Monde Graphite Inc. has taken another step toward feeding North American EV supply chains with this critical battery anode material. On July 6, the Canadian battery materials company unveiled the results of a feasibility study that demonstrates strong economics for its plan to build a graphite mine and a coated spherical graphite anode...
Investing C$3.6M into sustainable graphite anode materials tech being advanced by the company. To further solidify Quebec as a vital link in North America's lithium-ion battery supply chain, the provincial government is providing Nouveau Monde Graphite Inc. with up to C$3.6 million (US$2.7 million) to further develop technologies to sustainably transform mined graphite into battery-grade anode material for electric vehicles. "The funding announced today will boost our...
Develops strategy to be the world's critical minerals supplier of choice Understanding that the renewable energy and electric vehicle revolution offers a "generational opportunity for Canada and its world-class mining sector," Ottawa is leveraging the nation's wealth of critical minerals to become a powerhouse that feeds raw materials into resource-hungry clean energy and technology supply chains. "Canada's Critical Minerals Strategy will position Canada as the global supplier...
By 2030, batteries will likely need more than 5x all the graphite mined in 2021 While shortages of the lithium and nickel needed for electric vehicle batteries has dominated news headlines over the past year, the massive demand for graphite has largely been overlooked. As the primary ingredient in the anode side of lithium-ion batteries, graphite is the single largest element in lithium-ion batteries and the mining sector's inability to keep pace with skyrocketing demand of...
The carbon dioxide emissions of electric vehicles are not measured by exhaust from the tailpipes, but from the greenhouse gasses associated with building and charging these zero-emission vehicles. Understanding this, Nouveau Monde Graphite Inc. has gone to great lengths to minimize the CO2 footprint of the battery-grade graphite anode material it will produce in Quebec. An independent life cycle assessment verifies that the Canadian company's production of coated spherical...
As it advances the development of a lithium-ion battery materials park centered on its cobalt refinery in Ontario, Electra Battery Materials Corp. is considering the potential of building a second similar facility in a battery materials park being developed near the town of Becancour in the neighboring province of Quebec. "Given a forecasted deficit in domestic cobalt sulfate production by 2025, we have received significant interest from industry and government stakeholders...
Adding to a growing list of deals to source the materials and components needed for its vision to get everybody in on its transition to an all-electric future, General Motors is working with POSCO Chemical to develop a roughly $400 million plant in Quebec to produce cathode active material for Ultium batteries that will power GM electric vehicles such as the Chevrolet Silverado EV, GMC HUMMER EV, and Cadillac LYRIQ. Planning to have the capacity to build 1 million electric...
In a deal that is expected to electrify the future of mining, Newmont Corp. plans to invest $100 million into a strategic alliance with Caterpillar Inc. to develop fully connected, automated, and zero-carbon emitting mining systems. This marks a major step in Newmont's commitment to reduce its global greenhouse gas emissions 30% by 2030, with the ultimate objective of transforming to a carbon-neutral mining company by 2050. "A year ago, Newmont announced industry-leading emiss...
"Battery minerals cannot power a sustainable energy revolution unless their extraction and value-added transformation are done on a 'Zero-Harm' basis." –Nouveau Monde Graphite Inc. Chairman Arne Frandsen. Above and beyond a philosophy that guides environmental, social, and corporate governance goals, this statement is the foundation of Nouveau Monde's strategy to deliver carbon-neutral graphite that elevates the ESG scores of electric vehicle and lithium-ion battery m...
Nouveau Monde Graphite Inc. Oct. 5 reports the commissioning of a new state-of-the-art lab at its demonstration plant at the company's Matawinie graphite project in Saint-Michel-des-Saints, Canada, to provide in-house capabilities to carry out research and development on advanced anode materials to deliver customized specifications to battery and electric vehicle manufacturers. "EV and battery manufacturers are seeking advanced solutions that provide the ideal combination of...
LAS VEGAS – From heavy equipment training simulators to the largest and most powerful electric drive dozer on Earth, Caterpillar's 55,000-square-foot mecca in the Central Hall of MINExpo 2021 in Las Vegas is showcasing how the global equipment manufacturer is helping its customers to mine more efficiently, effectively, safely, and sustainably. "After waiting an extra year, the mining industry is ready to reconnect at MINExpo. We are excited to show our customers and the indust...
Canada is positioning itself as the "global supplier of choice" for the critical minerals and metals essential to tomorrow's technologies, especially the almost unfathomable quantities of raw materials that will be required by a world transitioning to low-carbon energy and electric vehicles. "Demand for minerals and metals continues to grow with an increasing focus on critical minerals – vital in aerospace, healthcare, telecommunications and an array of clean technologies such...
