Nouveau Monde Graphite Inc. announced the Financial Investment Decision (FID) and official construction launch for Phase 2 of its Matawinie Mine, following a C$427 million equity financing package that included a C$295 million private placement with strategic investors and the release of C$132 million from escrow. The company secured a long-term take-or-pay agreement with the Government of Canada for 30ktpy of flake graphite, featuring an upside-sharing mechanism, while also advancing commercial discussions with Eni S.p.A. for a potential 15ktpy offtake. Additionally, NMG completed a Class 3 cost estimate for its 13ktpy Bécancour Battery Material Plant, projecting C$374 million in CAPEX and targeting an FID in H2 2026. The company reported period-end cash of C$461 million and zero major environmental incidents as of June 30, 2026. Nouveau Monde Graphite Inc. is a mining and processing company developing integrated natural graphite operations for the battery supply chain.

Nouveau Monde Graphite Inc. filed its condensed consolidated interim unaudited financial statements for the six-month period ended June 30, 2026. The company reported a net income of $4,962 thousand CAD, driven by fair value gains on derivative liabilities and subscription receipts, compared to a net loss in the prior year period. Cash and cash equivalents increased significantly to $460,597 thousand CAD from $73,940 thousand CAD at year-end 2025, primarily due to a private placement completed on May 15, 2026, with Canada Growth Fund, Investissement Québec, and ENI for $294.6 million CAD, alongside the release of $132.3 million CAD from subscription receipts. These transactions formed part of a $426.9 million equity financing package that enabled the final investment decision for the Phase 2 Matawinie Mine, which is now under construction with an estimated total CAPEX of $649.4 million CAD. The company also completed a Class 3 AACE cost estimate for the 13ktpy Bécancour Battery Material Plant, projecting a CAPEX of approximately $374 million CAD and targeting a final investment decision in the second half of 2026. Nouveau Monde Graphite Inc. operates in the mining industry, developing integrated natural graphite production facilities to supply carbon-neutral advanced materials for lithium-ion batteries.

Nouveau Monde Graphite Inc. filed a 6-K to provide notice and management information circular-related documents, proxy form, and notice of special and annual general meeting of shareholders. Nouveau Monde Graphite Inc. is a graphite mining and processing company based in Quebec, Canada.