financetom
Business
financetom
/
Business
/
Nouveau Monde Graphite Gearing Up for Construction of the Phase-2 Matawinie Mine
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nouveau Monde Graphite Gearing Up for Construction of the Phase-2 Matawinie Mine
Sep 21, 2024 5:04 PM

07:49 AM EDT, 09/20/2024 (MT Newswires) -- Nouveau Monde Graphite ( NMG ) said Friday that it has attained "tangible milestones" in preparing for the construction of the Phase-2 Matawinie Mine.

The company has awarded the 120kV electrical substation to ABB contract to supply, construct and commission the 120kV substation for the Phase-2 Matawinie Mine. The site will be connected to the provincial hydropower network. Through its collaboration with Caterpillar, NMG will equip the Matawinie Mine with a zero-emission mining fleet and associated charging infrastructure, which would make it the world's first all-electric open-pit mine.

Detailed engineering is continuing to progress steadily with AtkinsRealis (ATRL.TO) and SRK, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Marin Software Stock Is Soaring Wednesday: What's Going On?
Marin Software Stock Is Soaring Wednesday: What's Going On?
Apr 10, 2024
Shares of cloud-based digital advertising management company Marin Software Inc ( MRIN ) are trading higher Wednesday after the company announced upgrades to its Microsoft Corp ( MSFT ) advertising integration. What Happened: After the market close on Tuesday, Marin announced upgrades to its integration with Microsoft Advertising that connects Microsoft's ( MSFT ) intelligent Automated Bidding and first-party conversion data with...
Stellantis to extend production of ICE Fiat Panda city car to 2030, CEO says
Stellantis to extend production of ICE Fiat Panda city car to 2030, CEO says
Apr 10, 2024
TURIN (Reuters) - Stellantis ( STLA ) Chief Executive Carlos Tavares said on Wednesday the automaker would extend the production of its best-selling Fiat Panda petrol city car to 2030, in a bid to bring affordability to clients. The internal combustion engine version of the Panda, which is produced in Pomigliano d'Arco near Naples, was scheduled to be phased out...
Update: Market Chatter: Ford to Recall Over 40,000 Vehicles in US to Update Leak Detection
Update: Market Chatter: Ford to Recall Over 40,000 Vehicles in US to Update Leak Detection
Apr 10, 2024
08:39 AM EDT, 04/10/2024 (MT Newswires) -- (Updates with a statement from Ford in the second and third paragraphs.) Ford (F) will recall and update the engine control software of 42,652 Bronco Sport and Escape vehicles in the US due to cracked fuel injectors, Reuters reported Wednesday, citing the National Highway Traffic Safety Administration. We are adding an additional population...
Macy's appoints two new directors; ends proxy contest with Arkhouse
Macy's appoints two new directors; ends proxy contest with Arkhouse
Apr 10, 2024
April 10 (Reuters) - Macy's named two new independent directors to its board effective immediately, ending a proxy contest with activist investor Arkhouse Management. (Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Anil D'Silva) ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved