NMG advances Phase-2 projects amid market shifts and trade policies
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NMG Provides Update on Advancement of its Phase-2 Projects and Market Conditions
August 15, 2025 7:00 AM EDTActive work to align engineering, construction, and procurement preparation with project financing activities to reach FID and launch construction of the Phase-2 Matawinie Mine. Focus on advancing engineering of the Phase-2 Bécancour Battery Material Plant with the support of specialized Asian firms and partnering facilities for large-scale testing, in view of reaching FID. Continued engagement with customers, potential lenders, and targeted institutional equity investors to advance project financing requirements and reach FID on the Phase-2 Matawinie Mine and the Phase-2 Bécancour Battery Material Plant, subject to their respective technical, commercial and financing... More
