Government of Canada Offtake Agreement for 30,000 t/y of Matawinie Graphite Concentrate (2026)
Nouveau Monde Graphite announced on 26 March 2026 an updated binding offtake and marketing framework with the Government of Canada, acting through Public Services and Procurement Canada, for 30,000 tonnes per annum of flake graphite concentrate from the Phase-2 Matawinie Mine over a seven-year take-or-pay term, priced on a North American fixed price with annual Industrial Product Price Index adjustment and 50-50 upside sharing on resale proceeds above the fixed price. The Prime Minister's 19 May 2026 groundbreaking release states that the Government of Canada 'has entered into' the seven-year, 30,000 tonne-per-year offtake agreement.
Financial state: Definitive agreement
Program: Public Services and Procurement Canada - critical minerals offtake · Public Services and Procurement Canada
Primary source: Office of the Prime Minister of Canada · published May 19, 2026
Terms
| Product material | natural-graphite-concentrate |
|---|---|
| Quantity | 30,000 |
| Unit | t/year |
| Tenor (months) | 84 |
Immutable financial events
- Mar 26, 2026 · Conditional commitment
- May 19, 2026 · Definitive agreement
Sources
- Nouveau Monde Graphite Inc. · published Mar 26, 2026 · retrieved Aug 13, 2026 · archive unavailable: Wayback verification blocked by archive.org outage on 2026-08-12; recheck on a weekly pass
- Office of the Prime Minister of Canada · published May 19, 2026 · retrieved Aug 13, 2026 · archive unavailable: Wayback verification blocked by archive.org outage on 2026-08-12; recheck on a weekly pass