The largest graphite mine in the West to be built
(Kitco News) - Nouveau Monde Graphite said today that the Québec Government had issued a ministerial decree authorizing the company's Matawinie project, a 100,000-tpa high-purity graphite concentrate production.
The mine is 150 km north of Montréal. Nouveau said the mine would be all-electric, a first.
"Since filing its bankable feasibility study, Nouveau Monde has invested time and effort to meticulously plan mining and environmental engineering, master the ore metallurgical process to reach 97% purity after simple flotation, de-risk its operation through its demonstration plant, and actively engage with the local community of St-Michel-des-Saints to secure a social license to operate and with the Atikamekw First Nation," said the company in a news release.
"The company's world-class deposit constitutes the largest projected graphite operation in North America and Europe and is expected to become the world's first all-electric open-pit mine."
Nouveau Monde described its Québec location as ideal for supplying the North American battery materials hub with anode and cathode materials required needed for the global electrification of mobility.
The company is forecasting a 100,000-tonne annual graphite production.