Companies that go above and beyond to ensure they are operating in sustainable and environmentally friendly ways always stand out. When a business is founded on ethics and has the vision to make the world a better place, it makes it easier to invest in it for the long term. These types of companies are somewhat rare since the market is primarily driven by profits, but that is changing as the industry heads into a new era of environmentalism.
With the way the world is increasingly focused on renewable energy sources, investors can count on this trend to provide long-term growth opportunities. One company in that space that stands out is Nouveau Monde (NYSE: NMG), a Canada-based battery material company that is helping the world transition to a cleaner future.
The company is primarily focused on mining and transforming graphite, which is a natural resource that is essential for rapidly growing industries such as electric vehicles, energy storage and consumer electronics. What’s really impressive about Nouveau Monde is how its business model is both sustainable and responsible.
Nouveau Monde’s entire process is built on sustainability and carbon-neutrality, which is helping to create a cleaner future. Nouveau Monde extracts graphite from its mine located in Quebec using electric equipment powered by graphite-based technologies such as lithium-ion batteries or fuel cells, further leverages clean hydropower in the mineral processing and value-added transformation and then supplies battery and EV makers with its battery materials. What’s more, they are now tapping into recycling to truly have a full-circle sustainable business.
Nouveau Monde recently inked a collaboration deal with Lithion Recycling to recycle graphite for reuse as anode material for batteries. Lithion has patented and patent-pending lithium-ion battery recycling technology that could provide an intelligent and efficient way to make the most out of every ounce of this valuable resource. The agreement shows Nouveau Monde’s commitment to adding value and environmentally-friendly business practices every step of the way.
It’s one thing to have a business model that contributes to the growth of the clean energy industry, but to go above and beyond to essentially have every component of your process contributing to sustainability is applauded. From leveraging clean hydropower to building the world’s first all-electric open-pit mine, Nouveau Monde could be a great company for environmentally-conscious investors to consider going forward.
While graphite is a finite material with exponentially increasing demand, this is a company that is clearly dedicated to its promise of sustainably mining, transforming and recycling it. Nouveau Monde has gone full circle with its business models, which is certainly something that stands out in such a competitive market. Keep an eye on this stock going forward, especially if the company attains its goal of carbon-neutrality in 2021.
For company information visit Nouveau Monde Graphite.
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