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Nouveau Monde Announces Revised Binding Offtake Agreement With Panasonic Energy To Advance Production Of Active Anode Material Via NMG's Phase-2 Integrated Value Chain

2025-11-01 03:02

  • Revised binding offtake agreement with Panasonic Energy to advance the production of active anode material via NMG's Phase-2 integrated value chain.
  • Concomitant announcement with signature of multiple commercial agreements covering potentially 100% of NMG's future Phase-2 Matawinie Mine production.

Nouveau Monde Graphite Inc. ("NMG" or the "Company") ((NMG, NOU), through its wholly owned subsidiary, NMG Bécancour Inc. ("NMG Bécancour" collectively referred to as "NMG"), and Panasonic Energy Co., Ltd. ("Panasonic Energy"), a wholly owned subsidiary of Panasonic Holdings Corporation ("Panasonic") (TYO:6752), have successfully revised and updated their multiyear binding offtake (the "2025 Panasonic Energy Binding Offtake Agreement") with the objective of advancing the production of active anode material. As a customer and strategic shareholder, Panasonic Energy reaffirm their support for the development of NMG's Phase-2 integrated ore-to-battery-materials value chain.

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