07:35 AM EDT, 08/15/2025 (MT Newswires) -- Nouveau Monde Graphite ( NMG ) said Friday it is exploring various financing and commercial scenarios to mitigate risks as it advances the phase-2 Matawinie mine and phase-2 Becancour battery material plant in Canada.
The company said current trade and geopolitical dynamics marked by rising tariffs, shifting alliances and growing resource nationalism are causing uncertainty into global supply chains and investment planning.
While electric vehicle adoption remains strong globally, it is encountering policy headwinds in North America. Energy storage emerges as the next major growth driver, fueled by rising AI and data center power demand, the company said.
"Resource nationalism, tariffs, policy headwinds, and shifting global alliances are creating uncertainty in global supply chains and investment planning," said Eric Desaulniers, Nouveau Monde's founder, president and CEO.
The company's share price gained 1.4% on Thursday to $2.92 on the TSX.
"Nevertheless, we remain centered on our mission to develop a responsible and resilient North American graphite value chain for the battery sector to help meet the expansion of the electric vehicle and energy storage markets," Desaulniers added.