Eni Takes 11.5 Percent Stake in Nouveau Monde Graphite
Eni is investing 70 million dollars in Nouveau Monde Graphite to secure battery materials. The deal supports its gigafactory initiative in southern Italy.
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The Italian energy major ENI SPA has committed to a $70 million investment to acquire a minority stake in NOUVEAU MONDE GRAPHITE INC. This move secures a reliable source of natural graphite, a material critical for the production of batteries and other technologies driving the global energy transition.
