NMG signs offtake agreement with GM for graphite anode material

Nouveau Monde Graphite and General Motors agreed to a multiyear supply agreement for 18,000 tonnes per annum of active anode material, covering a significant portion of NMG's Phase-2 production. GM also committed to a US$150 million equity investment in NMG.

“NMG and GM have agreed to sign a multiyear supply agreement for 18,000 tonnes per annum of active anode material.”nasdaq.com

• 1 source
• nasdaq.comNMG Announces Offtake Agreement with GM for Canadian Graphite and US$150 Million Equity Investment | NasdaqFeb 15, 2024

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