"NMG Secures Multiyear Offtakes and total US$87.5 Million...

"NMG Secures Multiyear Offtakes and total US$87.5 Million Investment from Anchor Customers and Strategic Investors to Underpin its Phase 2 Ore-to-Battery-Material Graphite Operations

Panasonic Energy and GM (together, the “Anchor Customers”) concurrently commit to multiyear offtake agreements for NMG’s active anode material, covering approximately 85% of NMG’s planned Phase-2 fully integrated production, from ore to battery materials."

https://nmg.com/private-investment-offtake/

It looks like it's binding offtake season.

First NVX and now Nouveau Monde. It seems like the graphite export restrictions along with the FEOC ruling has given customers a good kick up the backside as we are now finally seeing them secure their supply outside of China. With so few ex-China producers, every binding agreement we see means even fewer options available for OEMs. This gives me further confidence that we'll see DFS pricing for Talnode-C.