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Hydro-Québec grants an operating license and partners with Nouveau Monde Graphite to develop materials used in lithium-ion batteries

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Hydro-Québec (HQ) and Nouveau Monde Graphite (NMG) recently signed a license and a research and development agreements concerning the processing of graphite for use in lithium-ion batteries. This collaboration is intended to enable NMG to commercialize battery material technologies developed by HQ over the past 30 years, helping to position Québec strategically in the lithium-ion battery market. NMG will support in part the needs for graphite of the anode material fabrication plant.

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Hydro-Québec grants an exploitation license and partners with Nouveau Monde Graphite to develop materials for Li-ion batteries

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Hydro-Québec (HQ) and Nouveau Monde Graphite (NMG) have signed a license and a research and development agreements respecting the processing of graphite for use in lithium-ion batteries. The partners hope that this collaboration will enable NMG to commercialize battery material technologies developed by HQ over the past 30 years. This anode material fabrication plant is in addition to and complements NMG’s mining project. NMG’s financing.

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