Nextsource Materials Inc. is pleased to announce that it has been accepted as a member of both the European Battery Alliance and the European Raw Materials Alliance . The EBA was established in October 2017 by the European Commission, the Executive Branch of the European Union, to bring together key stakeholders in the battery material, technology and financing space with the objective of building a strong and competitive [...]
Mr. Ian Pearce, a leading global mining executive, former CEO of Xstrata Nickel and the founding partner of X2 Resources has joined the Board of NextSource Materials Mr. Pearce comes with more than 40 years of mining experience with major global producers and brings a unique combination of mine construction and operations expertise, coupled with in-depth Environmental, Social and Corporate governance experience. He [...]
Nextsource Materials Inc. announces it has closed US$8.0 million of a total US$11.0 million in non-dilutive royalty financing by Vision Blue Resources in respect to the sales of SuperFlake® graphite concentrate from the Molo Graphite Project. The royalty payment is part of the total US$29.5 million strategic investment by Vision Blue Resources announced on February 8, 2021. Vision Blue is a newly created battery [...]
Nextsource Materials Inc. announces the commencement of a technical study for a Phase 2 production capacity of at least 150,000 tonnes per annum of SuperFlake® for its Molo Graphite Mine in Madagascar. This is a significant increase from our 2019 Feasibility Study that considered a Phase 2 capacity of only 45,000 tpa. The new minimum targeted capacity was determined after recent discussions with our flake graphite offtake [...]
Nextsource Materials Inc. is pleased to announce it has executed an offtake agreement with thyssenkrupp Materials Trading GmbH , an international trading and services company headquartered in Essen, Germany, for a long-term commercial agreement for the sale of NextSource's SuperFlake® graphite products. KEY HIGHLIGHTS Long-term binding commercial agreement between the parties for the sale of approximately 35,000 tonnes [...]
Nextsource Materials Inc. is pleased to announce the closing of the second private placement pursuant to the US$29.5 million investment agreement entered between the Company and Vision Blue Resources Limited on February 8, 2021. Vision Blue is a newly created battery commodity/resource-focused private investment company founded by Sir Mick Davis. The Second Private Placement comprises a private placement of 232,142,857 [...]
Nextsource Materials Inc. is pleased to announce the results of the Special Meeting of Shareholders held on May 17, 2021 to seek approval of a resolution authorizing the Company to complete the second private placement pursuant to the US$29.5 million investment agreement entered between the Company and Vision Blue Resources Limited on February 8, 2021. Vision Blue is a battery commodity/resource-focused private investment [...]
Nextsource Materials Inc. is pleased to announce it has commenced procurement for its Molo graphite mine in Madagascar, ahead of expected mine construction in August 2021 and mine commissioning in April 2022. Since securing a funding package from its new strategic investor, Vision Blue Resources Limited, the Company has been working diligently with its EPC firm to complete all engineering design preparation work and final [...]
Nextsource Materials Inc. is pleased to announce a Special Meeting of Shareholders will be held virtually on May 17, 2021 to seek approval of the second and remaining tranche of the previously announced financing with Vision Blue Resources Limited , a newly created battery commodity/resource-focused private investment company founded by Sir Mick Davis, in order to complete the full investment of US$29.5 million committed [...]
Nextsource Materials Inc. will be presenting at the Money, Metals, & Mining Virtual Expo from April 20th to April 22nd, 2021. The Expo will take place virtually and attracts approximately 2500 retail investors from across the United States. NextSource's executive vice president, Brent Nykoliation will present Thursday April 22nd at 3:55PM Eastern Daylight Time. Investors can view the presentation live by registering here [...]
Three-way partnership pairs NextSource with a leading processor and a supplier of battery anode material within the Tesla supply chain. Provides NextSource with a complete, turn-key facility that is a duplicate of the current facilities that are processing spheronized and purified graphite for lithium-ion batteries by current suppliers to Tesla and other electric vehicle and hybrid vehicle manufacturers. Enables [...]
Nextsource Materials Inc. will be presenting at the Cormark Securities Inflection 2021 Environmental Sustainability Conference, April 12th to 16th. The conference will take place virtually, featuring 40 companies and over 200 institutional and retail investors. NextSource is the only graphite company being featured at the Conference. Sir Mick Davis, Chairman of NextSource and founder and CEO of Vision Blue Resources will [...]
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