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Nouveau Monde signs JV agreement with Mason Graphite to advance Lac Guéret project

By Sybil Pan
Published: Wednesday, 18 May 2022

Canada-based companies Nouveau Monde Graphite (NMG) and Mason Graphite have entered into an option and joint venture agreement for the development and operation of Mason Graphite’s Lac Guéret graphite concentrate property, according to an announcement by NMG on Monday May 16.

Under the agreement, NMG will hold a 51% stake in the joint venture on the fulfilment of a minimum investment of C$10.0 million ($7.8 million) in the project, which is...

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