SAINT-MICHEL-DES-SAINTS, QUE. - Prime Minister Mark Carney is touting the start of construction at a Quebec graphite mine that is slated to become the largest of its kind in North America, once completed.
The Nouveau Monde Graphite’s Matawinie mine in Quebec’s Lanaudière region is expected to produce 106,000 tonnes of graphite annually.
The mine is on a site that is about 120 kilometres north of Montreal.
A battery material plant will be built in Bécancour, Que. to refine the extracted graphite.
The Matawinie mine is the latest infrastructure project to get fast-tracked by the Carney government through Canada’s Major Projects Office.
The government says it is also providing a $459 million financing package to support and speed up the project.
Carney says the critical mineral is necessary for electric vehicle batteries, energy storage systems and defence and aerospace technologies.
He also says he hopes to export Quebec’s graphite to trading partners in Asia and Europe like Japan and Italy.
This report by The Canadian Press was first published on May 19, 2026