$NMG

Nouveau Monde Graphite (NYSE: NMG, TSX: NOU) developed a green coating for battery anodes with McGill University, reducing Scope 1 CO₂e emissions by 130 kg per tonne. The process matches conventional methods in performance. The company holds exclusivity and filed a patent. Next steps include long-term tests and industrial validation. NMG is building the Matawinie Mine and targets a decision on its Bécancour plant soon.

Freedom Broker initiated coverage on Nouveau Monde Graphite (NYSE:NMG) with a Hold rating and a 12-month price target of $1.48, citing funded mine but unfunded anode plant. The stock trades at $1.20, and InvestingPro suggests undervaluation. The company reported C$33.0M in Q2 capital expenditures. H.C. Wainwright reiterated a Buy rating with a $4.50 price target.

Nouveau Monde Graphite Inc. (NOU) will pay Q3 2026 interest on a convertible note by issuing 283,265 shares at $1.21, pending TSX and NYSE approvals. Shares will be delivered at maturity, conversion, or redemption, subject to a hold period.

Nouveau Monde Graphite (NMG) reported Q2 2026 progress. It finalized Canada take-or-pay agreements for 30 ktpy flake graphite from the Matawinie Phase 2 mine and completed a C$295M private placement plus C$132M released from subscription receipts, totaling C$427M equity. With US$335M debt committed, NMG confirmed FID and launched construction. It also set Phase 2 Bécancour plant CAPEX at C$374M and had C$461M cash at period end.

Nouveau Monde Graphite has secured a US$297 million equity package, including investments from Canada Growth Fund, Investissement Québec, and Eni, to fully fund its Phase-2 Matawinie Mine. This financing is crucial for advancing NMG's integrated mine-to-anode strategy and supports the planned 13,000 tpa Bécancour Battery Material Plant. Despite this funding, TipRanks' AI Analyst "Spark" rates NOU as an "Underperform" due to persistent losses and lack of revenue generation.

Nouveau Monde Graphite has secured a significant offtake agreement with the Government of Canada for 30,000 tons of graphite concentrate annually over seven years from its Matawinie mine. This take-or-pay deal, featuring a fixed North American price indexed to inflation, strengthens the project's bankability and complements existing agreements, securing over 70% of expected production. The agreement is a crucial step toward securing project financing and aligns with Canada's strategy to bolster domestic battery material supply chains.

Nouveau Monde Graphite (NMG) has awarded key construction contracts for its Phase-2 Matawinie Mine project, representing over 50% of the project's CAPEX. These contracts, which include civil works, construction management, and steel structures, are conditional upon a positive final investment decision (FID). NMG aims to de-risk financing and ensure timely project execution by securing top-tier partners and fostering collaboration with Indigenous communities like the Atikamekw First Nation of Manawan.

VANCOUVER, British Columbia, Nov. 19, 2025 ( GLOBE NEWSWIRE ) -- USAnewsgroup.com - News Commentary - Earlier this month, the United States officially added 10 minerals to its critical list[1], including uranium, copper, silver, and graphite.

The G7's pivot from "resilience" to a full-fledged Critical Minerals Alliance made headlines last week. No longer is it enough to rely on the near-total control of China, and a pressing need has been to form alliances to diversify and secure the supply chain.

Canada has announced a 6.4 billion Canadian dollar ( $4.6 billion ) package of critical mineral projects to challenge China's overwhelming dominance in the critical mineral supply chain. The announcement came on Friday at the close of the G7 Energy and Environment Ministers' meeting in Toronto.