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Nouveau Monde Graphite And McGill University Develop Low-Carbon Anode Material Coating Process

Nouveau Monde Graphite And McGill University Develop Low-Carbon Anode Material Coating Process

MT newswireMT newswire2026/10/07 18:09

02:09 PM EDT, 10/07/2026 (MT Newswires) -- Nouveau Monde Graphite (NOU.TO, NMG), in collaboration with a McGill University research team, developed a new coating process for anode materials that offers the potential to improve the carbon profile of manufacturing and meets industry performance needs, it said in a statement on Wednesday. The company benefits from commercial exclusivity for any future use of this technology under the terms of the agreement with McGill University. Nouveau Monde Graphite believes replacing a pitch coating with a bio-based coating could substantially reduce Scope 1 CO2e emissions by 130 kg per tonne of coated spherical purified graphite produced, Nouveau Monde said. The team is working towards further reduction of Scope 2 and Scope 3 CO2e emissions, it said. Shares of the company were last seen down 5.5% at CA$1.54 on the Toronto Stock Exchange. Price: 1.54, Change: -0.10, Percent Change: -5.83

02:09 PM EDT, 10/07/2026 (MT Newswires) -- Nouveau Monde Graphite (NOU.TO, NMG), in collaboration with a McGill University research team, developed a new coating process for anode materials that offers the potential to improve the carbon profile of manufacturing and meets industry performance needs, it said in a statement on Wednesday. The company benefits from commercial exclusivity for any future use of this technology under the terms of the agreement with McGill University. Nouveau Monde Graphite believes replacing a pitch coating with a bio-based coating could substantially reduce Scope 1 CO2e emissions by 130 kg per tonne of coated spherical purified graphite produced, Nouveau Monde said. The team is working towards further reduction of Scope 2 and Scope 3 CO2e emissions, it said. Shares of the company were last seen down 5.5% at CA$1.54 on the Toronto Stock Exchange. Price: 1.54, Change: -0.10, Percent Change: -5.83
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