General Motors completed a $150m investment in Nouveau Monde Graphite.

General Motors, an automotive manufacturer, completed a $150m investment in Nouveau Monde Graphite, a company that develops graphite-based materials. “We welcome GM as a shareholder, invested in our robust North American commercial plan as well as our ESG commitments to responsible production and partnered development with First Nations and communities. On behalf of the Board of Directors, I commend NMG’s team for their outstanding work in defining what is set to become a thriving relationship providing certainty of supply for GM, a roadmap to value creation for stakeholders, and a robust foundation for growth for shareholders," Arne H Frandsen, NMG Chair.