Logo
N

NextSource Materials Inc.

72 employees

NextSource Materials Inc. is a battery materials development company based in Toronto, Canada that is intent on becoming a vertically integrated global supplier of battery materials through the mining and value-added processing of graphite and other minerals. The Company’s Molo graphite project in Madagascar is one of the largest known and highest-quality graphite resources globally, and the only one with SuperFlake® graphite. The Molo mine has begun production, with Phase 1 mine operations currently being optimized to reach its nameplate production capacity of 17,000 tpa of graphite concentrate. The Company is also developing a significant downstream graphite value-add business through the staged rollout of Battery Anode Facilities capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers, outside of existing Asian supply chains, in a fully transparent and traceable manner. The first of its Battery Anode Facilities will be located in Mauritius with initial production targeted in Q3 2024. NextSource Materials is listed on the Toronto Stock Exchange (TSX) under the symbol “NEXT” and on the OTCQB under the symbol “NSRCF".

Investor insights

Funding rounds participated in

$11M sweet spot round size

Investor type

Public Company

Basic info

Industry

Mining

Sectors

Mining

Date founded

2001

Funding rounds raised

Total raised

$11M

from 1 investors over 1 rounds

N

NextSource Materials Inc. raised $11M on November 11, 2024

Investors: Vision Blue Resources

FAQ