Nouveau Monde Graphite Inc. (NMG) and Caterpillar Inc. have signed agreements to provide a zero-exhaust emission fleet, supporting infrastructure, and service for NMG’s Matawinie Mine. Caterpillar will supply heavy mining equipment to transition from traditional models to Cat zero-exhaust emission machines.
Additionally, a non-binding memorandum of understanding (MoU) has been signed between the two companies to advance commercial discussions targeting NMG’s active anode material.
Caterpillar and NMG have planned the development and testing of equipment and infrastructure for the Matawinie Mine in Saint-Michel-des-Saints, Québec, Canada. During the pre-production phase and early production years, the equipment used for commercial production will support operations and be gradually replaced with Cat® zero-exhaust emission machines as they become available.
Source: CleanTechnica Read The Article
PSR Analysis: This agreement could establish a full circular value chain whereby NMG supplies carbon-neutral graphite materials to Caterpillar for the development of its sustainable battery supply chain to electrify heavy vehicles, including NMG’s Matawinie fleet. We expect to see more circular supply agreements like this in the future as OEMs seek to secure their supply of critical materials. PSR
Guy Youngs is Forecast & Adoption Lead at Power Systems Research
