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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
EPCM contract awarded to, and being finalized with, Erudite Strategies Ltd. of South Africa The Molo mine is scheduled to commission in March, 2022 Nextsource Materials Inc. is pleased to announce it has commenced the Construction process of its Molo graphite mine in Madagascar with the awarding of the engineering, procurement, and construction [...]
Sir Mick Davis, former CEO of Xstrata plc, has been appointed Chair of the Board effective immediately Completed initial private placement of US$6.1M, which forms the first part of the previously announced Total Financing Package of US$29.5M to fully fund the construction of the Company's Molo graphite mine in Madagascar committed by Vision Blue [...]
Nextsource Materials Inc. is pleased to provide an update on the status of the closing of the first tranche of a non-brokered private placement with Vision Blue Resources Ltd , a newly created battery commodity/resource-focused private investment company founded by Sir Mick Davis, former CEO of Xstrata Plc, previously announced on February 8, 2021 [...]
