Matawinie Graphite Mine

Quality, Quantity & Access

Nouveau Monde owns a 100% INTEREST in the Matawinie graphite property located in Saint-Michel-des-Saints, 150 km north of Montréal, Québec. 

Totalling 319 mining claims over 17,585 hectares, our property has demonstrated exceptional potential due to its significant HIGH-PURITY MINERAL RESERVE and low-cost operational model. Skilled workforce, high-quality infrastructure, including paved roads and hydroelectricity, as well as the dynamic regional business ecosystem provide a robust milieu for the development of the property.

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2013-2019 Exploration Work Overview on a map

Economic Highlights

A feasibility study covering the West Zone deposit of the Tony Claim Block, which is part of our Matawinie property, validated the project’s economic potential:

0t
Yearly Graphite
Concentrate Production
 
$0
($US985M)
Pre-Tax NPV @ 8%
 
$0
($US575M)
Post-Tax NPV @ 8%
 
0%
Pre-Tax IRR
 
 
0%
Post-Tax IRR
 
 
0 years
Line of Mine (“LOM”)
 
 
0 years
Pre-Tax Payback
 
 
0 years
Post-Tax Payback
 
 
$0
($US211M)
Initial CAPEX
(Incl. 12.4% contingency)
0$US/t
Average Sales Price
(first 5 years)
 
0$US/t
Average Sales Price (LOM)
 
 
0$/t
($US382)/t
OPEX
 
NI 43-101: Feasibility study

Mineral Resource Estimate

Nouveau Monde updated its pit-constrained Mineral Resource Estimate (the “Current Resource”) leading to a 25.6% INCREASE in the combined Measured and Indicated Mineral Resource categories with a minimal change to the pit footprint and mineralization that remains open.

Current Resource

Resource

Tonnage (Mt) Grade (% Cg) Cg (Mt)
Measured 24.5 4.27 1.05
Indicated 95.8 4.26 4.08
Measured + Indicated 120.3 4.26 5.13
Inferred 4.5 4.43 0.20

RESOURCE AS AT MARCH, 19, 2020. The block model, used to generate the Current Resource of the West Zone deposit, is based on a total of 149 core drill holes which produced 8,274 samples as well as 207 samples collected from channelling work in three (3) trenches. In all, 23 mineralized horizons encased in paragneiss units were interpreted and modelled from this data.

Operational Highlights

100 K

Tonne/Year graphite concentrate production

59.8 M

Tonnes of probable reserve at a 4.35% Cg average grade

94%

Graphite miling recovery

97% Cg

Finished product concentrate purity

1.06:1

Stripping ratio (LOM)

2021

Start of construction

Dedicated to stringent sustainable development standards, Nouveau Monde is committed to having both its equipment used for mining operations and its ore concentration and processing activities become fully electric within the first five years of production. This operating model, A WORLD’S FIRST FOR AN OPEN-PIT MINE, represents a reduction of over 300,000 tonnes of CO2 emissions over the mine’s lifespan.

Leveraging hydropower for a net-zero footprint

De-Risked Project

In addition to establishing a social license to operate, we have been operating a demonstration plant since Q4-2018 in Saint-Michel-des-Saints to:

  • Qualify products and establish a sales record;

  • Test and improve processes for optimised production;

  • Recruit and train employees ahead of commercial operations.

Products already available

Advanced Materials Plant

From Mine to Market

Graphite sourced from our Matawinie property serves as the ideal high-purity, battery-grade material to supply the lithium-ion industry.

To optimise savings across the value chain and ensure full traceability of products, we have established a vertically integrated business model to bring battery anode materials and advanced materials directly to the market.

Bécancour, Québec, will be home to Nouveau Monde’s value-added operations. The robust industrial infrastructure provides us with direct supply of required chemicals in addition to affordable hydroelectricity, skilled workforce, and a multi-modal logistical base in proximity to the U.S. and European markets.

State-of-the-Art Technological Platform

Thanks to our proprietary transformation processes and a license to commercialise Hydro-Québec’s battery material technologies, Nouveau Monde will deliver 99.95+%-pure advanced materials.

Regrouping onsite micronisation, spheronisation, purification, and coating transformation units, Nouveau Monde’s secondary transformation plant will be equipped to produce a wide range of value-added graphite-based materials.

At this modular facility, we target a 40,000-tpa production of spherical purified graphite for the initial phase, with a capacity to reach 100,000 tpa as demand increases in battery and specialty markets. The plant will be carbon-neutral and virtually waste-less, bringing to market a truly sustainable product.

Our Playground: Quebec, CA

Set for Sucess

Nouveau Monde’s strategic location provides the perfect background for the development and growth of our integrated operations catering to the booming markets.

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World-renowned environmental standards

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Stable, pro-business jurisdiction

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At the market’s doorstep

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R&D powerhouse

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Free trade agreements with 40+ countries

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Rapidly developing local lithium-ion/electric hub

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Established mining leadership

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Clean, affordable and renewable hydropower

We benefit from an extremely supportive governmental and institutional shareholder base to underpin our development.

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Leveraging Clean Hydropower

Quebec has vast hydraulic resources, some 500,000 lakes and 4,500 rivers, that power the entire province and adjacent states with an unlimited, green, and affordable source of energy.

Walking the Talk

With graphite playing such an important role in the energy transition, Nouveau Monde is embracing all-electric operations from the extraction and concentration of the mineral to the production of advanced materials.

We are set to become the world’s first all-electric open-pit mine – a feast of its own – but most importantly, we will bring to market products with a carbon-neutral footprint to drive sustainability into the electric vehicle and energy storage value chain.

Illustration showing greenhouse gas savingsIllustration of diesel graphite transportation
Delivering on our Sustainability Values