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LATEST NEWS FROM NextSource Materials

December 12, 2023
NextSource Materials Announces Robust Feasibility Study Results for Molo Mine Expansion to 150,000 Tonnes per Annum of SuperFlake(R) Graphite Concentrate
Highlights Feasibility Study confirms highly attractive economics for a large-scale expansion of the Molo Mine and processing facility to a steady-state production rate of 150,000 tpa of graphite concentrate Estimated capital cost of US$161.7 million (including contingency), with pre-tax NPV 8 of... Read More
December 6, 2023
NextSource Materials Announces Appointment of Martina Buchhauser to the Board and Results of 2023 Annual and Special Meeting of Shareholders
TORONTO, ON / ACCESSWIRE / December 6, 2023 / N extSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the appointment of Ms. Martina Buchhauser to the Board of Directors and results of the Annual and Special Meeting of Shareholders (the "Meeting")... Read More
November 24, 2023
NextSource Announces Appointment of Johnny Velloza as Interim Chief Operating Officer
TORONTO, ON / ACCESSWIRE / November 24, 2023 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that Mr Robin Borley has resigned as Chief Operating Officer of the Company. NextSource is pleased to announce it has appointed Mr Johnny Velloza as Chief... Read More
October 23, 2023
NextSource Materials Announces First Bulk Shipment of SuperFlake(R) and Full Operation of its Solar Hybrid Plant at Molo Graphite Mine
TORONTO, ON / ACCESSWIRE / October 23, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce it has made its first bulk container shipment of SuperFlake® graphite from the Company's Molo Mine ("Molo") in Madagascar. This first shipment of... Read More
September 28, 2023
NextSource Materials Provides Update on Mauritius Battery Anode Facility
TORONTO, ON / ACCESSWIRE / September 28, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") announces an update to its plans to construct its first battery anode facility (BAF) in Mauritius. In connection with the Mauritius BAF location, the Company advises... Read More
September 5, 2023
NextSource Materials Announces MoU for Strategic Collaboration with South Korea’s POSCO International
TORONTO, ON / ACCESSWIRE / September 5, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the signing of a non-binding Memorandum of Understanding ("MoU") with South Korea's POSCO International ("POSCO") for strategic collaboration... Read More
August 1, 2023
NextSource Materials Closes Overnight Marketed Offering for Gross Proceeds of C$50 Million
TORONTO , Aug. 1, 2023 /CNW/ - (TSX:NEXT) (" NextSource " or the " Company ") is pleased to announce that it has closed its previously announced overnight marketed public offering (the " Offering "). Pursuant to the Offering, NextSource issued 30,303,500 common shares of the Company (each a "... Read More
July 26, 2023
NextSource Materials Announces Corrective Disclosure in Response to Review by Ontario Securities Commission
TORONTO, ON / ACCESSWIRE / July 26, 2023 / (TSX:NEXT) (" NextSource " or the " Company ") announces that, in connection with its previously announced public offering of common shares of the Company (the " Offering ") and the review by the Ontario Securities Commission (the " OSC ") of the amended... Read More
July 13, 2023
NextSource Materials Announces Pricing of Overnight Marketed Offering
TORONTO , July 13, 2023 /CNW/ - (TSX:NEXT) (" NextSource " or the " Company ") is pleased to announce that it has priced its previously announced overnight marketed public offering (the " Offering "). Pursuant to the Offering, NextSource will issue 30,303,500 common shares of the Company (each a "... Read More
July 12, 2023
NextSource Materials Announces Overnight Marketed Offering
TORONTO , July 12, 2023 /CNW/ - NextSource Materials (TSX: NEXT) (" NextSource " or the " Company ") is pleased to announce that is has filed a preliminary short form prospectus in connection with an overnight marketed public offering (the " Offering ") of common shares (the " Securities ") from... Read More
JuniorMiningNetwork
July 6, 2023
NextSource Materials Announces Completion of 2.6MW Solar Farm at Molo Graphite Mine in Madagascar
TORONTO, ON / ACCESSWIRE / July 6, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that construction of the solar farm for the solar... Read More
July 5, 2023
NextSource Materials Files Audited Consolidated Financial Statements in accordance with Canadian Auditing Standards
... Read More
JuniorMiningNetwork
June 22, 2023
NextSource Materials Announces First Production of SuperFlake(R) Graphite at Molo Mine in Madagascar
TORONTO, ON / ACCESSWIRE / June 22, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the first production of SuperFlake® graphite... Read More
June 5, 2023
NextSource Materials Files Amended and Restated Unaudited Condensed Interim Financial Statements and MD&A
TORONTO, ON / ACCESSWIRE / June 5, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") announces that it has filed amended and restated unaudited condensed interim financial statements and management's discussion and analysis ("MD&A") for the nine and three... Read More
JuniorMiningNetwork
March 23, 2023
NextSource Materials Initiates Commissioning of Molo Graphite Mine and Appoints ESG Expert to Senior Management Team
TORONTO, ON / ACCESSWIRE / March 23, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that commissioning of the Company's Molo Graphite... Read More
February 28, 2023
NextSource Materials Announces Global Anode Expansion Strategy and Economic Results of First Battery Anode Facility
TORONTO, ON / ACCESSWIRE / February 28, 2023 / NextSource Materials Inc. (TSX:NEXT)n(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce its global anode expansion strategy and the economic results from the study relating to its first battery anode facility (BAF) to be located in... Read More
JuniorMiningNetwork
February 21, 2023
NextSource Materials Announces Construction of the Processing Plant for the Molo Graphite Mine is Complete
TORONTO, ON / ACCESSWIRE / February 21, 2023 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that construction of the processing plant and... Read More
December 5, 2022
NextSource Materials Announces Results of 2022 Annual Meeting of Shareholders
TORONTO, ON / ACCESSWIRE / December 5, 2022 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the results of the Annual and Special Meeting of Shareholders (the "Meeting") held virtually at 10:00 AM Toronto, Ontario, Canada on December 5,... Read More
October 25, 2022
NextSource Materials Announces Molo Mine Update, Management Appointments and Exercise of Warrants by Vision Blue Resources for Proceeds of US$16.9M
TORONTO, ON / ACCESSWIRE / October 25, 2022 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to provide an update on the development of its Molo Graphite Mine ("Molo mine") in Madagascar, management appointments and progress on its proposed Battery... Read More
JuniorMiningNetwork
August 9, 2022
NextSource Materials Provides Progress Update on Molo Graphite Mine in Madagascar
TORONTO, ON / ACCESSWIRE / August 9, 2022 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to provide a progress update for Phase 1 of the Molo Graphite... Read More
May 24, 2022
NextSource Materials Announces Solar and Battery Hybrid Power Plant Construction and Site Works Update
TORONTO, ON / ACCESSWIRE / May 24, 2022 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to provide a site works update and to announce that a Madagascar subsidiary of CrossBoundary Energy ("CBE") has commenced the construction process for the solar... Read More
April 28, 2022
NextSource Materials Announces Initiation of Civil Works and Shipment of Buildings to the Molo Graphite Mine Site in Madagascar and Filing of Updated PEA
TORONTO, ON / ACCESSWIRE / April 28, 2022 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that its construction team is now setup at the Molo Graphite Mine site in Madagascar and civil and earthworks have been initiated in preparation for... Read More
February 28, 2022
NextSource Materials Announces Preliminary Economic Assessment for a Mine Expansion of 150,000 Tonnes per Annum of SuperFlake(R) Graphite Concentrate
TORONTO, ON / ACCESSWIRE / February 28, 2022 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or "the Company") is pleased to announce the results of a Preliminary Economic Assessment ("PEA") for an enhanced Phase 2 expansion of its 100%-owned Molo Graphite Mine Project in... Read More
JuniorMiningNetwork
January 11, 2022
NextSource Materials Announces Factory Acceptance Testing of the Molo Graphite Mine Processing Plant is Complete and Preparations for...
TORONTO, ON / ACCESSWIRE / January 11, 2022 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that Factory Acceptance Testing and final... Read More
December 14, 2021
NextSource Materials Announces Fabrication and Assembly of the Molo Graphite Mine Processing Plant Has Been Completed and Factory Acceptance Testing Initiated
TORONTO, ON / ACCESSWIRE / December 14, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that fabrication and assembly of the processing plant for Phase 1 of the Molo Graphite Mine (the "Processing Plant") has been completed by our... Read More
December 6, 2021
NextSource Materials Announces Results of 2021 Annual and Special Meeting of Shareholders
TORONTO, ON / ACCESSWIRE / December 6, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the results of the Annual and Special Meeting of Shareholders (the "Meeting") held virtually at 10:30 AM Toronto, Ontario, Canada on December 6,... Read More
November 23, 2021
NextSource Materials Awards Contract to Power Its Molo Graphite Mine in Madagascar with Hybridized Solar-Thermal Energy
TORONTO, ON / ACCESSWIRE / November 23, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") announces it has awarded a power supply contract to independent power producer CrossBoundary Energy ("CBE") for the long-term supply of solar and thermal generation to... Read More
November 15, 2021
NextSource Materials Adds Proprietary and Established Coating Process to its Battery Anode Facility Collaboration
TORONTO, ON / ACCESSWIRE / November 15, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") announces it has signed a binding Amended and Restated Collaboration Agreement ("Enhanced Collaboration Agreement") with key processors of anode material within the... Read More
September 8, 2021
NextSource Materials to Explore Additional Strategic Asset Opportunities in Clean Energy Materials
TORONTO, ON / ACCESSWIRE / September 8, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") announces that it intends to assess emerging opportunities to accelerate expansion of its organic growth strategy through the potential acquisition and development of... Read More
August 18, 2021
Mine Construction on Schedule for NextSource Materials Molo Graphite Project in Madagascar
TORONTO, ON / ACCESSWIRE / August 18, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that its mine construction schedule is on track and on budget for its Molo Graphite Project in Madagascar. Progress development highlights include:... Read More
July 22, 2021
NextSource Materials Joins the European Battery Alliance and the European Raw Materials Alliance
TORONTO, ON / ACCESSWIRE / July 22, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that it has been accepted as a member of both the European Battery Alliance ("EBA") and the European Raw Materials Alliance ("ERMA"). The EBA was... Read More
July 14, 2021
NextSource Materials Announces Appointment of Leading Mining Executive and Former CEO of Xstrata Nickel to its Board of Directors as it Advances its Vertically Integrated Mine Strategy
Mr. Ian Pearce, a leading global mining executive, former CEO of Xstrata Nickel and the founding partner of X2 Resources has joined the Board of NextSource Materials Mr. Pearce comes with more than 40 years of mining experience with major global producers and brings a unique combination of mine... Read More
July 7, 2021
NextSource Materials Receives First Royalty Payment from Vision Blue Resources
TORONTO, ON / ACCESSWIRE / July 7, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") announces it has closed US$8.0 million of a total US$11.0 million in non-dilutive royalty financing by Vision Blue Resources ("Vision Blue") in respect to the sales of... Read More
June 23, 2021
NextSource Materials Initiates Technical Study for 150,000 TPA Phase 2 Expansion of Molo Graphite Mine and Initiation of Research Coverage by Cormark Securities
TORONTO, ON / ACCESSWIRE / June 23, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") announces the commencement of a technical study for a Phase 2 production capacity of at least 150,000 tonnes per annum ("tpa") of SuperFlake® for its Molo Graphite Mine in... Read More
May 25, 2021
NextSource Materials Secures Commercial Offtake Agreement with thyssenkrupp Materials Trading
TORONTO, ON / ACCESSWIRE / May 25, 2021 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce it has executed an offtake agreement ("the Offtake") with thyssenkrupp Materials Trading GmbH ("thyssenkrupp"), an international trading and services... Read More
May 19, 2021
NextSource Materials Successfully Closes Second Private Placement of Strategic Investment by Vision Blue Resources
TORONTO, ON / ACCESSWIRE / May 19, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the closing of the second private placement (the "Second Private Placement") pursuant to the US$29.5 million investment agreement (the "Investment... Read More
May 18, 2021
NextSource Materials Announces Results of Special Shareholder Meeting - Receives Approval for Completion of Vision Blue Resources’ Investment
TORONTO, ON / ACCESSWIRE / May 18, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the results of the Special Meeting of Shareholders held on May 17, 2021 (the "Meeting") to seek approval of a resolution authorizing the Company to... Read More
May 11, 2021
Key Milestone Reached as NextSource Materials Begins Procurement of Processing Plant Equipment for its Molo Graphite Mine in Madagascar
TORONTO, ON / ACCESSWIRE / May 11, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce it has commenced procurement for its Molo graphite mine in Madagascar, ahead of expected mine construction in August 2021 and mine commissioning in... Read More
April 22, 2021
NextSource Materials Announces Special Shareholder Meeting and Outlines Strategic Rationale for Supporting Completion of Vision Blue Resources' Investment
TORONTO, ON / ACCESSWIRE / April 22, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce a Special Meeting of Shareholders will be held virtually on May 17, 2021 to seek approval of the second and remaining tranche of the previously... Read More
April 12, 2021
NextSource Materials Secures Partnership with Major Electric Vehicle Supply Chain to Build Battery Anode Facility
Three-way partnership pairs NextSource with a leading processor and a supplier of battery anode material within the Tesla supply chain. Provides NextSource with a complete, turn-key facility that is a duplicate of the current facilities that are processing spheronized and purified graphite (SPG)... Read More
April 8, 2021
NextSource Materials to Present at the Cormark Securities Inflection 2021 Conference April 12th to 16th
TORONTO, ON / ACCESSWIRE / April 8, 2021 / NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRCF) ("NextSource" or the "Company") will be presenting at the Cormark Securities Inflection 2021 Environmental Sustainability Conference, April 12 th to 16 th . The conference will take place virtually,... Read More
March 29, 2021
NextSource Materials Commences Construction Process of Molo Graphite Mine with Awarding of EPCM Contract
EPCM (Engineering, Procurement and Construction Management) contract awarded to, and being finalized with, Erudite Strategies Ltd. of South Africa The Molo mine is scheduled to commission in March, 2022 TORONTO, ON / ACCESSWIRE / March 29, 2021 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF)... Read More
March 15, 2021
NextSource Materials Appoints Sir Mick Davis, Former CEO of Xstrata, Chair of the Board and Successfully Closes Initial Tranche of Strategic Investment by Vision Blue Resources
Sir Mick Davis, former CEO of Xstrata Plc, has been appointed Chair of the Board effective immediately Completed initial private placement of US$6.1M, which forms the first part of the previously announced Total Financing Package of US$29.5M to fully fund the construction of the Company's Molo... Read More
March 4, 2021
NextSource Materials Provides Update on Closing of Initial Tranche of Strategic Investment by Vision Blue Resources
TORONTO, ON / ACCESSWIRE / March 4, 2021 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to provide an update on the status of the closing of the first tranche of a non-brokered private placement (the "Initial Private Placement") with Vision Blue... Read More
February 8, 2021
NextSource Materials Secures Strategic Investment Led by Sir Mick Davis to Fully Fund Construction of Molo Mine in Madagascar
HIGHLIGHTS Vision Blue Resources Ltd, a newly created battery commodity/resource-focused investment company founded by Sir Mick Davis (former CEO of Xstrata Plc), has committed to a strategic investment in NextSource Materials to fully fund the construction of its Molo graphite mine in Madagascar... Read More

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