NMG Awards Key Construction Contracts for the Phase-2 Matawinie Mine Ahead of FID
2026-02-18 - 12:13
MONTRÉAL -- Nouveau Monde Graphite Inc. (“NMG” or the “Company”) ( NYSE: NMG, TSX: NOU) is preparing for the construction of its Phase-2 Matawinie Mine – a major project of national interest as identified by the Government of Canada – via the procurement of key construction capacity, services, equipment and materials. Major contracts awarded over the past few months, with provisions for full execution upon the Company having reached a positive final investment decision (“FID”), represent over 50% of the project’s CAPEX and are within estimates of NMG’s updated feasibility study for the Phase-2 Matawinie Mine in accordance with National Instrument 43-101. Read More
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