The Quebec-based Nouveau Monde Graphite Inc. and Caterpillar Inc. have announced an agreement that will see Cat develop, test and produce zero-emission machines for the Matawinie graphite mine.
The agreement will see Caterpillar become the exclusive supplier of an all-electric mining fleet for deployment at Nouveau Monde’s Matawinie mine by 2028.
“I recall our first meeting with Caterpillar some two years ago, outlining our vision of a zero-emission mine in Québec,” said Arne H Frandsen, chairman of Nouveau Monde.
“Our commitment to this vision has taken us to this very important moment, not only for Nouveau Monde, but for the global mining industry as a whole. Today, alongside Caterpillar, which in my opinion is the most trusted and reputable supplier of heavy-mining equipment worldwide, we can bring the zero-emission machines vision into reality.”
Looking to accelerate and tailor equipment development, Caterpillar will engage with Nouveau Monde’s team to incorporate voice of customer throughout the development, and for testing of the zero-emission fleet and infrastructure prior to commercial production.
“The collaboration between Caterpillar and Nouveau Monde marks an important milestone in the mining industry,” said Denise Johnson, Caterpillar group president. “Through integrated technology, machines and services, the entire Caterpillar team is proud to support Nouveau Monde as they work towards constructing and establishing their first zero emission mine.”
Nouveau Monde is working towards developing a fully integrated source of green battery anode material in Quebec. Targeting commercial operations by 2023, the company is developing advanced carbon-neutral graphite-based material solutions for the growing lithium-ion and fuel cell markets.
With low-cost operations and enviable ESG standards, Nouveau Monde aspires to become a strategic supplier to the world’s leading battery and automobile manufacturers.
“We are proud to be a driving force for our peers as we strive to electrify our operations to meet our carbon neutrality commitments while maintaining the productivity and efficiency standards of our mining operations,” said Eric Desaulniers, founder, president and CEO of Nouveau Monde.
“Even more gratifying and important to our corporate mission is that our project can serve as a springboard for the future of the mining industry by collaborating with Caterpillar on these cutting-edge technologies.”