Aug. 13 at 1:17 PM
🚧 Q2 2026 marked a defining quarter for
$NMG
as we transitioned from planning into execution at our Matawinie Mine, while actively continuing to advance key activities in support of a targeted FID in H2 2026 for the 13ktpy Bécancour Battery Material plant.
✅ FID confirmed for Phase 2 Matawinie Mine, with construction underway
✅ Eni joined as a strategic investor and signed a LOI for offtake discussions
✅ Finalization of long-term supply & marketing framework with the Government of Canada
Looking ahead, key priorities include
🚧 Pursuing construction at the Matawinie Mine
🔋 Furthering engineering and accelerating due diligence processes for the 13 ktpy Bécancour Battery Material Plant
🤝Continuing business development, including securing additional offtake agreements and diversifying our mix of products.
📖 Q2 results & MD&A: https://nmg.com/q2-2026/
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