Nouveau Monde Graphite launches construction of Matawinie graphite mine in Quebec

• Nouveau Monde Graphite launched construction of its Phase 2 Matawinie graphite mine in Saint-Michel-des-Saints, Quebec, targeting full commercial production by end-2028.
• Buildout and commissioning are expected to take about 31 months; planned average output is 106,000 tonnes of graphite a year.
• More than 70% of expected production is covered by commercial agreements, including Panasonic Energy, the Government of Canada, and Traxys North America.
• The company is targeting a final investment decision in H2 2026 for a 13,000-tonne-a-year battery material plant in Bécancour tied to a Panasonic Energy offtake.
• The integrated project is expected to employ several hundred workers during construction, with more than 300 jobs once operations reach full run-rate.

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. Nouveau Monde Graphite Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260519206180) on May 20, 2026, and is solely responsible for the information contained therein.