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Carney says new Quebec graphite mine, billed as largest in G7, ‘will make us stronger’
Federal financing of $459 million and a seven-year offtake deal are set to support construction and battery supply chain development, officials said.
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Carney Announces Start of Construction at ‘Largest Graphite Mine’ in G7
Prime Minister Mark Carney said construction is beginning on what he says will be the largest graphite mine in the G7. The Nouveau Monde Graphite’s Matawinie Mine in Québec will supply up to 106,000 tonnes of graphite annually over 25 years, which Carney told reporters on May 19 is “eight times Canada’s total graphite production right now.” He said the mine would attract $2 billion of investment to Canada. The graphite will be used for advanced …
·New York, United States
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Prime Minister Mark Carney took part in the inauguration of the New World Graphite (NMG) mine in Saint-Michel-des-Saints, Lanaudière, on Tuesday, at the same time as Quebec announced an additional $85 million in the project.
·Montreal, Canada
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Total News Sources25
Leaning Left8Leaning Right3Center7Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 39%
R 17%
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