» Nouveau Monde continues to be committed to its “Zero Harm”
principle, including industry-leading ESG standards, carbon
neutrality, and traceability to help power the clean energy
transition
» The Company’s inaugural ESG report provides an overview of
Nouveau Monde’s core commitments and anchor initiatives
» Nouveau Monde develops its carbon-neutral operations in Québec
on a foundation of accountability with a view to contributing to
global environmental and sustainability goals
» Robust disclosure and measurement as per international
standards ensure transparency and accountability at every step of
the Company’s development of what is projected to be the Western
World’s largest battery-grade graphite operation
As it strives to become a contributor to the energy transition
and circular economy, Nouveau Monde Graphite Inc. (“Nouveau Monde”
or the “Company”) (NYSE: NMG, TSXV: NOU) is publishing its
inaugural Environmental, Social, and Governance (“ESG”) Report to
disclose its managerial approach to addressing material topics and
highlight significant sustainability milestones and indicators. The
Company’s ESG Report can be consulted here.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20211014005456/en/
Nouveau Monde has embedded leading ESG principles in its
business model alongside carbon-neutral operations and traceability
of its value chain. Sustainability guided the development of the
Matawinie mining project from day one through extensive stakeholder
engagement and pioneering design choices to protect the
environment, and was carried over in the engineering of the
Bécancour battery materials plant. The Company’s ESG Report details
anchor initiatives in this regard, including:
+ All-electric open-pit mine and processing facilities
underpinned by clean hydropower
+ Progressive land management via innovative and safe
co-disposal tailings process and ongoing backfilling during mining
operations
+ Collaboration and benefit-sharing agreement with the local
communities for job creation, skills training, and community
development
+ In-house R&D team as well as partnership with world-class
research centers and industry coalitions to be at the forefront of
battery advancements
+ Proprietary anode material purification ecotechnology to
reduce energy and harmful chemical consumption
Arne H Frandsen, Chairman of Nouveau Monde, commented:
“Battery minerals cannot power a sustainable energy revolution
unless their extraction and value-added transformation are done on
a “Zero-Harm” basis. Nouveau Monde has anchored its business
strategy on the essence of best-of-class ESG principles, where we
focus on protecting the natural environment that has created our
unique graphite anode raw materials. We are committed to our
Zero-Harm philosophy while we aim at being a catalyst for growth
and shared value for people and the environment in which we live.
We as a team develop what is projected to be the Western World’s
largest anode quality graphite operation, supporting the
electrification of mobility as well as the renewable energy storage
markets.”
The Company’s inaugural ESG Report provides an overview of
Nouveau Monde’s historical and current commitments, anchor
initiatives, and footprint with a view to contributing to global
sustainability goals. From mining and advanced manufacturing to
electric vehicles and energy storage, Nouveau Monde strives to
drive greater sustainability along its value chain.
Eric Desaulniers, Founder, President, and CEO of Nouveau
Monde, added: “Today, we are bringing to light our ESG
achievements and setting the tone for our growth. We are committed
to executing our business plan responsibly to deliver on our
commitments to stakeholders, shareholders, and customers. We invite
peers, competitors, and leaders from every sector of society to
join our efforts; sustainability knows no boundaries. Through
collaboration and innovation, we could multiply the impact of our
actions for a decarbonized future.”
The Company has aligned its disclosure with internationally
recognized frameworks, namely the United Nations’ Sustainable
Development Goals (“SDGs”), the Global Reporting Initiative
(“GRI”), and Sustainability Accounting Standards Board (“SASB”).
The Company is committed to engaging in this transparency and
accountability exercise yearly to provide its shareholders and
stakeholders with a comprehensive set of data on its environmental,
social, and governance performance. Nouveau Monde also intends to
seek independent assessment and rating of its practices to
complement this disclosure.
About Nouveau Monde
Nouveau Monde is striving to become a key contributor to the
sustainable energy revolution. The Company is working towards
developing a fully integrated source of carbon-neutral battery
anode material in Québec, Canada for the growing lithium-ion and
fuel cell markets. With low-cost operations and enviable ESG
standards, Nouveau Monde aspires to become a strategic supplier to
the world’s leading battery and automobile manufacturers, providing
high-performing and reliable advanced materials while promoting
sustainability and supply chain traceability. www.NMG.com
Subscribe to our news feed: https://NMG.com/investors/#news
Cautionary Note Regarding Forward-Looking Information
All statements, other than statements of historical fact,
contained in this press release including, but not limited to those
describing the Company’s sustainability goals and commitments, the
Company’s initiatives outlined in the ESG Report, including the
all-electric open-pit mine, the Company’s commitment to our
Zero-Harm philosophy, the Company’s contribution to growth and
shared value, the expected importance of the Company in the Western
World, the Company’s goal of fostering sustainability throughout
its value chain, the Company’s commitment to provide annual ESG
reports and to seek independent assessment and rating, and those
statements which are discussed under the “About Nouveau Monde”
paragraph and elsewhere in the press release which essentially
describe the Company’s outlook and objectives, constitute
“forward-looking information” or “forward-looking statements”
within the meaning of certain securities laws, and are based on
expectations, estimates and projections as of the time of this
press release. Forward-looking statements are necessarily based
upon a number of estimates and assumptions that, while considered
reasonable by the Company as of the time of such statements, are
inherently subject to significant business, economic and
competitive uncertainties and contingencies. These estimates and
assumptions may prove to be incorrect. Moreover, these
forward-looking statements were based upon various underlying
factors and assumptions, including the current technological
trends, the business relationship between the Company and its
stakeholders, the ability to operate in a safe and effective
manner, the timely delivery and installation of the equipment
supporting the production, the Company’s business prospects and
opportunities and estimates of the operational performance of the
equipment, and are not guarantees of future performance.
Forward-looking information and statements are subject to known
or unknown risks and uncertainties that may cause actual results to
differ materially from those anticipated or implied in the
forward-looking information and statements. Risk factors that could
cause actual results or events to differ materially from current
expectations include, among others, delays in the scheduled
delivery times of the equipment, the ability of the Company to
successfully implement its strategic initiatives and whether such
strategic initiatives will yield the expected benefits, the
availability of financing or financing on favorable terms for the
Company, the dependence on commodity prices, the impact of
inflation on costs, the risks of obtaining the necessary permits,
the operating performance of the Company’s assets and businesses,
competitive factors in the graphite mining and production industry,
changes in laws and regulations affecting the Company’s businesses,
political and social acceptability risk, environmental regulation
risk, currency and exchange rate risk, technological developments,
the impacts of the global COVID-19 pandemic and the governments’
responses thereto, and general economic conditions, as well as
earnings, capital expenditure, cash flow and capital structure
risks and general business risks. Unpredictable or unknown factors
not discussed in this Cautionary Note could also have material
adverse effects on forward-looking statements.
Many of these uncertainties and contingencies can directly or
indirectly affect, and could cause, actual results to differ
materially from those expressed or implied in any forward-looking
statements. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Forward-looking statements are provided for the purpose
of providing information about management’s expectations and plans
relating to the future. The Company disclaims any intention or
obligation to update or revise any forward-looking statements or to
explain any material difference between subsequent actual events
and such forward-looking statements, except to the extent required
by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Further information regarding the Company is available in the
SEDAR database (www.sedar.com), and
for United States readers on EDGAR (www.sec.gov), and on the Company’s website at:
www.NMG.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211014005456/en/
Julie Paquet VP Communications & ESG Strategy
+1-450-757-8905 #140 jpaquet@nmg.com
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