NMG Advances Toward Additional EV Battery Material Offtakes, Details Capital Strategy For Phase-2 Financing, Reports $88M Cash On Hand
NMG Advances Toward Additional EV Battery Material Offtakes, Details Capital Strategy For Phase-2 Financing, Reports $88M Cash On Hand
NMG在增加电动汽车电池材料承购方面取得进展，详细说明了第二阶段融资的资本战略，报告了8,800万美元的手头现金
- Following multiyear offtakes and strategic investments from Panasonic Energy and GM, reinforced commercial engagement with tier-1 EV and battery manufacturers toward additional offtake agreement(s) for the remainder of NMG's Phase-2 active anode material production.
- Assisted by Société Générale and BMO Capital Markets, continued discussions with multiple governmental agencies and programs, strategic investors, and lenders to refine the targeted capital structure for the Phase-2 project financing.
- Project execution strategy outlined for the construction of Phase-2 facilities with an integrated project team model to ensure greater control over the project's direction as well as reduced project management and engineering costs.
- Active engineering to update production parameters of the Phase-2 Bécancour Battery Material Plant in line with Anchor Customers' specifications.
- Issuance of NMG's 2023 ESG Report demonstrating advancement on climate action, biodiversity management, Indigenous relations, governance, and stakeholder engagement.
- Closing of US$37.5-million private placements by Mitsui and Pallinghurst for the surrender and cancellation of their convertible notes dated November 8, 2022, as amended and restated.
- Tree clearing activities started at the Phase-2 Bécancour Battery Material Plant site in advance of preparatory work.
- Global EV sales continuing to grow – 21% increase quarter-on-quarter over the period (Rho Motion, April 2024) – with more than 1 in 5 cars sold worldwide set to be electric in 2024 (IEA, April 2024).
- NMG's Annual General Meeting of Shareholders scheduled for June 27, 2024, via webcast.
- Twelve-month rolling OSHA recordable incident rate of 4.30 and severity rate of 0 at the Company's facilities; and 0 at contractors' work sites. No major environmental incidents.
- Period-end cash position of $88 million.
- 在松下能源和通用汽车进行了多年的收购和战略投资之后，加强了与一级电动汽车和电池制造商的商业接触，以就NMG第二阶段活性阳极材料剩余生产达成额外承购协议。
- 在兴业银行和BMO资本市场的协助下，继续与多个政府机构和计划、战略投资者和贷款人进行讨论，以完善第二阶段项目融资的目标资本结构。
- 概述了第二阶段设施建设的项目执行战略，采用综合项目团队模式，以确保更好地控制项目方向，降低项目管理和工程成本。
- 积极进行工程设计，根据Anchor客户的规格更新二期BeícanCour电池材料厂的生产参数。
- NMG发布的2023年ESG报告展示了气候行动、生物多样性管理、土著关系、治理和利益相关者参与方面的进展。
- 三井和帕林赫斯特于2022年11月8日完成3,750万美元的私募配售，以交还和注销其经修订和重述的可转换票据。
- 在准备工作之前，在贝坎库尔电池材料厂第二阶段的树木清理活动开始了。
- 全球电动汽车销量持续增长——同期同比增长21％（Rho Motion，2024年4月）——全球售出的五分之一以上的汽车将在2024年实现电动化（国际能源署，2024年4月）。
- NMG的年度股东大会定于2024年6月27日通过网络直播举行。
- 职业安全与健康管理局十二个月的滚动记录事故率为4.30，公司设施的严重程度为0；承包商工作场所的记录事故率为0。没有重大的环境事故。
- 期末现金状况为8,800万美元。