NextSource Materials Inc. is a strategic materials development company based in Toronto, Canada that is intent on becoming a fully integrated, global supplier of critical battery and technology materials needed to power the sustainable energy revolution.
The Company’s Molo graphite project in Madagascar is one of the largest known and highest-quality graphite deposits globally, and the only one with SuperFlake® graphite. Construction of Phase 1 of the Molo Project is complete, with the start of plant commissioning expected by Feb 2023.
NextSource Materials is listed on the Toronto Stock Exchange (TSX) under the symbol “NEXT” and on the OTCQB under the symbol “NSRCF”.
Vision Blue Resources (Sir Mick Davis) – 47%
Private Shareholder Group – 15%
High Net worth Investors – 14%
Insiders and Directors – 12%
Promoting our project and preparing for a private placement for next phase of expansion (anode)
Commissioning our graphite mine in Q1 2023, offtakes secured for >100% of Ph1 production with thyssenkrupp GmbH and main SPG supplier to a major Japanese anode processor supplying the Toyota and Tesla supply chains.
Ph1 Mine production; release technical study, raise funds and start construction of first battery anode facility (BAF); release FS for Ph2 mine expansion.
To have construction underway on our first of several planned Battery Anode Facilities; possible OEM offtake partner announcement by this time
Commission first Battery Anode Facility; prepare for funding of Ph2 of mine expansion
Speed to market – we can secure first mover advantage on an anode facility
Phase 1 commissioning by Feb 2023, fast-tracking Battery Anode Facility construction with proven processing partner to the Tesla and Toyota supply chains
1. We will be the next graphite project in production and likely the only one in 2023 & 2024
2. Real offtakes secured (thyssenkrupp and Toyota/Tesla supply chain)
3. Will be executing our downstream, vertical integration plans with key strategic partners to be able to supply major OEMs with anode material in Q1 2024