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NextSource Materials signs deal for US$30 million Hanwa-JOGMEC stake in UAE battery anode facility

PUBT·09/28/2026 11:04:37
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NextSource Materials signs deal for US$30 million Hanwa-JOGMEC stake in UAE battery anode facility
  • NextSource Materials signed a binding share subscription agreement with Hanwa, JOGMEC for its Abu Dhabi battery anode facility.
  • Hanwa, JOGMEC to invest USD 30 million via a jointly owned vehicle for a 15% stake; NextSource to retain 85%.
  • Capital to fund phase-one capex; related shareholders’ agreement expected shortly to set governance, funding, construction, operations.
  • Company pursuing additional strategic investors for up to 35% of the project company; also in talks for debt financing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NextSource Materials Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202609280700ACCESSWRNAPR_____1227615) on September 28, 2026, and is solely responsible for the information contained therein.