NextSource Materials

NextSource Materials Inc. focuses on becoming a key player in the battery materials sector through the mining and value-added processing of graphite and other vital minerals. Based in Toronto, Canada, their flagship Molo Graphite Project in Madagascar represents one of the world's largest and highest-quality graphite resources, notably featuring their exclusive SuperFlake® graphite. As they commence production, with a view to optimizing Phase 1 operations to reach an annual production capacity of 17,000 tons of graphite concentrate, NextSource is also advancing its position in the graphite value chain. The company plans to establish Battery Anode Facilities, beginning in Mauritius, aiming for production start in Q3 2024. These facilities are designed for the large-scale production of coated, spheronized, and purified graphite, intended for direct delivery to the battery and automotive markets outside traditional Asian supply chains, ensuring transparency and traceability. NextSource Materials stands out for its strategic approach to supplying critical battery metals in a fully accountable manner, trading under the symbols “NEXT” on the Toronto Stock Exchange and “NSRCF” on the OTCQB.