Nouveau Monde Signs Collaboration Agreement with Caterpillar to Develop Zero-Emission Solutions
Nouveau Monde Graphite and Caterpillar have signed an agreement which Caterpillar will develop, test, and produce Cat® zero-emission machines for the Matawinie graphite mine with a view to becoming 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. 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,” said Arne H Frandsen, chairman of Nouveau Monde.
I think it is remarkable that Nouveau Monde, as a representative for the new style green resources industry, is part of spearheading the electrification of the industry, by collaborating with Caterpillar,” added Frandsen.
“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. 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,” said Eric Desaulniers, founder, president, and CEO of Nouveau Monde.
Looking to accelerate and tailor the 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. 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,” said Denise Johnson, Caterpillar Group President.
About Nouveau Monde Graphite
Nouveau Monde is striving to become a key contributor to the sustainable energy revolution. The company is working towards developing a fully integrated source of green battery anode material in Québec, Canada. 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, providing high-performing and reliable advanced materials while promoting sustainability and supply chain traceability.
To stop by Nouveau Monde Graphite’s website, CLICK HERE
About Caterpillar
With 2020 sales and revenues of $41.7 billion, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Since 1925, they have been driving sustainable progress and helping customers build a better world through innovative products and services. Throughout the product life cycle, they offer services built on cutting-edge technology and decades of product expertise. These products and services, backed by a global dealer network, provide exceptional value to help customers succeed. They do business on every continent, principally operating through three primary segments — construction industries, resource industries, and energy & transportation — and providing financing and related services through their financial products segment.
To stop by Caterpillar’s website, CLICK HERE
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