Nextsource Materials Inc. is pleased to announce the results of the Annual and Special Meeting of Shareholders held virtually at 10:30 AM Toronto, Ontario, Canada on December 6, 2021. As of the record date for the Meeting, which was November 25, 2021, there were 99,026,656 common shares of the Company outstanding and entitled to vote at the [...]
Nextsource Materials Inc. announces it has awarded a power supply contract to independent power producer CrossBoundary Energy for the long-term supply of solar and thermal generation to power the operations of its Molo graphite mine in Madagascar. The contract is for a 20-year term and has been designed to scale with the production output of the [...]
Nextsource Materials Inc. announces it has signed a binding Amended and Restated Collaboration Agreement with key processors of anode material within the Tesla supply chain to incorporate a proprietary and established graphite coating process to its previously announced value-added, battery anode facility three-way collaboration. Highlights [...]
Nextsource Materials Inc. announces that it intends to assess emerging opportunities to accelerate expansion of its organic growth strategy through the potential acquisition and development of additional metals and mineral assets expected to play a vital role in associated clean energy technologies. Following recent discussions with the Company's [...]
Nextsource Materials Inc. is pleased to announce that its mine construction schedule is on track and on budget for its Molo Graphite Project in Madagascar. Progress development highlights include: Construction is on track, with all major equipment fabricated and ready to be received by the EPC Overall project progress exceeds 25% completion [...]
Nextsource Materials Inc. is pleased to announce that it has been accepted as a member of both the European Battery Alliance and the European Raw Materials Alliance . The EBA was established in October 2017 by the European Commission, the Executive Branch of the European Union, to bring together key stakeholders in the battery material, technology [...]
Mr. Ian Pearce, a leading global mining executive, former CEO of Xstrata Nickel and the founding partner of X2 Resources has joined the Board of NextSource Materials Mr. Pearce comes with more than 40 years of mining experience with major global producers and brings a unique combination of mine construction and operations expertise, coupled with [...]
Nextsource Materials Inc. announces it has closed US$8.0 million of a total US$11.0 million in non-dilutive royalty financing by Vision Blue Resources in respect to the sales of SuperFlake® graphite concentrate from the Molo Graphite Project. The royalty payment is part of the total US$29.5 million strategic investment by Vision Blue Resources [...]
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 [...]
