NextSource Materials Inc.

NextSource Materials (NEXT:TSX) is a battery materials development Co. with graphite mining operations in Madagascar.

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General Information
Company Name
NextSource Materials Inc.
Founded Year
2001
Location (Offices)
Toronto, Canada +1
Founders / Decision Makers
Craig Scherba - President and CEO, President and CEO, President and CEO, President and COO Marc Johnson, CFA, CPA Johnson - Chief Financial Officer Quentin Yarie - Senior Vice-President of Exploration, Director Brent Nykoliation - Executive Vice President, Corporate Development Robin Borley - Mining Engineer Johnny Velloza - Chairman of the Board, Non Executive Director, Non Executive Director, Chief Executive Officer, Non Executive Director
Number of Employees
70
Industries
-
Funding Stage
Post Ipo Equity
Social Media

NextSource Materials Inc. - Company Profile

NextSource Materials Inc. is a Canadian battery materials development company focused on becoming a vertically integrated global supplier of battery materials. The company's flagship Molo graphite project in Madagascar is a significant asset, featuring one of the largest and highest-quality graphite resources globally, particularly notable for its SuperFlake® graphite. The company's current emphasis lies on optimizing Phase 1 mine operations to achieve its nameplate production capacity of 17,000 tpa of graphite concentrate. Additionally, NextSource Materials is strategically developing downstream graphite value-add capabilities, which will include the construction of Battery Anode Facilities in Mauritius, with plans for initial production targeted in Q3 2024. Listed on the Toronto Stock Exchange (TSX) under the symbol “NEXT” and on the OTCQB under the symbol “NSRCF”, the company received a $50.00M Post-IPO Equity investment on 13 July 2023. This funding is indicative of the confidence in NextSource Materials' potential within the battery materials market and its planned expansion endeavors.

Taxonomy: Battery Materials, Graphite Mining, Battery Anode Facilities, Molo Graphite Project, Toronto Stock Exchange, Value-added Processing, Madagascar Operations, Vertically Integrated Supplier, SuperFlake® Graphite, OTCQB Listing, Critical Minerals, Battery Metals, Full Feasibility-stage Project, Industrial Minerals, Mine Development

Funding Rounds & Investors of NextSource Materials Inc. (2)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity $50.00M - 13 Jul 2023
Post-IPO Equity $60.00K - 13 Aug 2013

Latest News of NextSource Materials Inc.

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No recent news or press coverage available for NextSource Materials Inc..

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