DGAP-News

NOUVEAU MONDE DRIVES TRACEABILITY FOR CRITICAL BATTERY MATERIALS, IN CONJUNCTION WITH GLOBAL BATTERY ALLIANCE - Seite 2

Founded by the World Economic Forum, GBA is actively working to develop a circular and responsible battery value chain as one of the main drivers for achieving the 2 C objective of the Paris Accord in the transportation and energy sectors. Membership includes key manufacturers, regulators, and NGOs such as Audi, BMW Group, Google, Groupe Renault, Honda Motors, the International Energy Agency, LG Chem, Microsoft, Mitsubishi Corp., Propulsion Québec, Saft, SK Innovation, the United Nations Environment Programme, Umicore, Volkswagen, Volvo Group.

"The mineral traceability project in the battery sector is an initiative that fits perfectly with our vision for the development of strategic and critical minerals ("SCM") in Québec. Consumers are increasingly concerned about the origin of the products they purchase. A reliable traceability program becomes a pledge of our responsibility in the valorization of SCMs and a strategic advantage to be even more competitive. These are essential ingredients to ensure a sustainable energy and technology transition" said Jonatan Julien, Minister of Energy and Natural Resources and Minister Responsible for the Côte-Nord Region.

Eric Desaulniers, President and Chief Executive Officer at Nouveau Monde, commented: "The production of graphite-based materials with a carbon-neutral footprint is already central to Nouveau Monde's business strategy to drive sustainability across the EV and energy storage value chain. Now, with our roadmap to traceability and battery identity, we are positioning ourselves as the western leaders thanks to turnkey solutions for manufacturers."

Nouveau Monde's Chairman Arne H. Frandsen continued: "Tracability and block-chain accountabilty are key for the end-consumers as well as the battery producers. We are proud that Nouveau Monde continues to spearhead the effort to be the responsible and sustainable supplier-of-choice to the global battery and renewable energy industries".

Traceability for increased sustainability and access to strategic markets

The Battery Passport is set to become the dominant norm attesting to the environmental and social compliance of a battery throughout its value chain. By contributing to the definition of global parameters for materials traceability, Nouveau Monde gets a headstart in tailoring its transformation chain, technologies and reporting mecanisms to meet the expectations of today's marketplace.