Matawinie Graphite Mine Construction
Sector: Energy Storage • Location: Saint-Michel-des-Saints, Quebec, Canada
Source: Geomechanics.io
Nouveau Monde Graphite has approved construction of the Matawinie open-pit mine in Saint-Michel-des-Saints, Quebec, designed to produce about 106,000 tonnes per year of graphite concentrate over more than 25 years, powered by the provincial hydroelectric grid. The project has secured roughly $644.5 million in equity and debt, with total capex for the mine and the Bécancour battery material plant e
- Status
- Under Construction
- Sector
- Energy Storage
- Location
- Saint-Michel-des-Saints, Quebec, Canada
- Updated
- 22 Jul 2026
- Source
- Geomechanics.io
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Nouveau Monde Graphite has approved construction of the Matawinie open-pit mine in Saint-Michel-des-Saints, Quebec, designed to produce about 106,000 tonnes per year of graphite concentrate over more than 25 years, powered by the provincial hydroelectric grid. The project has secured roughly $644.5 million in equity and debt, with total capex for the mine and the Bécancour battery material plant estimated at about $634 million after downsizing. A 30-month build is planned to reach full production by end-2028, with 75% of output under offtake agreements. |
Original sector | Mining |
Budget |
Location
Country | Canada |
State | Quebec |
City | Saint-Michel-des-Saints |
Source
Source | Geomechanics.io |
URL |
More Details
Record type | Project |
Sector | Energy Storage |
Article published date | 2026-05-16 |
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