Atikamekw First Nation and NMG Join Forces on Mining Deal

Atikamekw and Nouveau Monde Graphite Collaborate on Impact Benefit Agreement

The Atikamekw Nehirowisiw First Nation and Nouveau Monde Graphite Inc. (NYSE: NMG) have recently entered into a landmark impact benefit agreement concerning the Matawinie mining project, situated on their ancestral territory known as Nitaskinan. This collaboration signifies a commitment from the Atikamekw community to support NMG’s efforts in responsibly developing a sustainable graphite mining operation that aligns with their environmental values and offers tangible benefits to the community.

Leadership Messages for a Sustainable Future

Sipi Flamand, Chief of the Manawan Atikamekw, expressed his enthusiasm for the agreement, stating, “This agreement aligns perfectly with our aspirations to derive value from our lands while creating real opportunities for our community members. It reflects a balance of respecting our values and culture, looking after our environment, and enhancing the quality of life for our people. Working with Nouveau Monde Graphite, we are laying the foundation for a lasting partnership that truly respects our outlook and needs.”

Eric Desaulniers, Founder, President and CEO of NMG, remarked on the significance of the agreement, emphasizing gratitude towards the Manawan community for their trust. He stated, “This partnership marks a pivotal moment for us, and we are excited to collaborate closely with the Atikamekw community on the Matawinie project, fostering a sustainable future for upcoming generations. Our focus will also include environmental stewardship, job creation, and business opportunities, emphasizing a project that benefits both NMG and the First Nation.”

A Comprehensive Negotiation Process

With respect to prior agreements signed between the Atikamekw and NMG, the newly established impact benefit agreement followed an extensive negotiation process that accounted for the First Nation's interests and concerns. This agreement not only empowers the Atikamekw community to participate in the project’s environmental management and monitoring but also includes measures for specialized training, boosting employability, enhancing business opportunities, and an acknowledgment of Atikamekw culture within the mining operations.

The provisions set forth in this agreement embody a mutual commitment to recognizing and integrating cultural safety measures throughout the project's lifecycle. Additionally, it outlines a framework for sharing the financial benefits derived from NMG's graphite development operations.

Joint Working Committee for Effective Implementation

In the interests of ensuring the effective execution of this agreement, both the Atikamekw and NMG are set to form a joint working committee. This committee will oversee the implementation and ensure that the goals of this collaboration are met in a cooperative spirit.

About the Atikamekw Nehirowisiw First Nation

The Atikamekw Nehirowisiw First Nation has historically occupied and safeguarded their territory of Nitaskinan for countless generations. They possess ancestral rights, rooted in cultural customs and practices, that empower them to manage their land according to traditional values. Their community is around 72 kilometers north of Saint-Michel-des-Saints in Québec’s Lanaudière region. The Conseil des Atikamekw de Manawan (CDAM) represents the community, ensuring their rights are upheld and engaging in coordination with territorial chiefs to advocate for the interests of Atikamekw families.

About Nouveau Monde Graphite Inc.

Nouveau Monde Graphite is dedicated to eco-friendly mining and advanced manufacturing of materials that support the global transition to sustainable energy. The company is engaged in constructing a fully integrated supply chain for carbon-neutral active anode material in Québec, Canada. With fundamental commitments to environmental, social, and governance (ESG) principles, NMG aims to be a pivotal supplier for notable lithium-ion battery and electric vehicle manufacturers. This commitment ensures high-quality materials while promoting sustainability and transparency throughout the supply chain.

Frequently Asked Questions

What is the purpose of the impact benefit agreement?

The agreement aims to facilitate collaboration between the Atikamekw First Nation and NMG to responsibly develop the Matawinie mining project while ensuring environmental sustainability and economic benefits for the community.

What are the key benefits for the Atikamekw community?

The agreement provides opportunities for community involvement in environmental management, special training programs, job creation during construction and operations, and recognition of cultural practices.

How will the agreement be implemented?

A joint working committee established by both parties will oversee the effective implementation of the agreement, ensuring that all commitments are upheld cooperatively.

Why is this partnership significant?

This agreement represents a crucial milestone in fostering mutual respect and collaboration between the Atikamekw First Nation and NMG, focusing on sustainable development and shared benefits.

What does NMG aim to achieve through this project?

NMG aims to develop a sustainable graphite operation that not only meets market demand for lithium-ion batteries but also promotes environmental conservation and community welfare.

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