{
  "commitment": {
    "id": "fin-ca-g7-2025-nmg-edc-letter-of-interest",
    "eventId": "evt-ca-g7-cmpa-2025",
    "relationships": [],
    "instrument": "unspecified",
    "valueRole": "indication",
    "capitalSource": "public_enterprise",
    "amount": {
      "value": "430000000",
      "currency": "USD",
      "qualifier": "up_to",
      "amountAsStated": "a letter of interest for up to US$430 million from Export Development Canada",
      "currencyBasis": "stated"
    },
    "provider": "Export Development Canada",
    "providerJurisdiction": "canada",
    "providerOrgIds": [
      "org-ca-edc"
    ],
    "legalAuthority": null,
    "programmeId": null,
    "recipient": "Nouveau Monde Graphite",
    "recipientOrgIds": [
      "org-nouveau-monde-graphite"
    ],
    "project": null,
    "projectId": "prj-ca-nmg-matawinie",
    "facility": null,
    "locations": [],
    "stages": [
      "mining"
    ],
    "stageAllocation": "single_stage",
    "materialIds": [
      "graphite"
    ],
    "materialAttribution": "tracked_only",
    "untrackedMaterialsAsStated": [],
    "financialStatusHistory": [
      {
        "status": "announced",
        "date": null,
        "sourceId": "src-nrcan-g7-cmpa-2025",
        "note": "A letter of interest, which is not a financing commitment; its date is not stated."
      }
    ],
    "implementationStatusHistory": [
      {
        "status": "construction",
        "date": "2026-04-13",
        "sourceId": "src-nmg-q2-mda-2026",
        "note": "NMG dates the start of Phase 2 Matawinie Mine construction to April 13, 2026 and reports ongoing civil works. This physical milestone is separate from the May 15 FID and May 19 ceremony; it does not state production or financing disbursement."
      }
    ],
    "terms": [],
    "outcomes": [],
    "evidence": [
      {
        "sourceId": "src-nrcan-g7-cmpa-2025",
        "supports": [
          "instrument",
          "value_role",
          "capital_source",
          "amount",
          "provider",
          "recipient",
          "status",
          "project",
          "materials"
        ],
        "evidence": "explicit",
        "locator": "First paragraph of the list",
        "note": null
      },
      {
        "sourceId": "src-nrcan-g7-cmpa-2025",
        "supports": [
          "stages"
        ],
        "evidence": "ambiguous",
        "locator": "First paragraph of the list",
        "note": "Coded to the mine the paragraph names."
      },
      {
        "sourceId": "src-nmg-q2-mda-2026",
        "supports": [
          "status"
        ],
        "evidence": "explicit",
        "locator": "Financing: fully committed senior project debt commitment letter; Liquidity and funding",
        "note": "The later EDC/CIB facilities remain subject to conditions and final legal documentation in this filing. They do not prove execution or termination of the historical EDC-only US$430-million indication; its financial history is retained."
      },
      {
        "sourceId": "src-nmg-q2-mda-2026",
        "supports": [
          "project",
          "status"
        ],
        "evidence": "explicit",
        "locator": "Matawinie Mine Project (Phase 2), pages 9–10",
        "note": "NMG reports construction began April 13, 2026. Applies to the Phase 2 mine only; demonstration-plant activity and the separately financed Bécancour plant are not mine commercial operation."
      }
    ],
    "notes": "A letter of interest, recorded as a non-binding indication, not as a commitment: it names an amount but is not a financing commitment, so it is in no sum. A separate Canada Infrastructure Bank letter of interest is named without an amount and is not recorded. Review on 2026-10-02 found a later US$335-million EDC/CIB project-debt commitment letter in the Q2 MD&A. Its different amount, providers and facilities do not establish that this historical US$430-million indication was contracted, paid or formally lapsed. Mine construction does not change its non-binding value role.",
    "lifecycleReview": {
      "financialStatusCheckedAt": "2026-10-02",
      "implementationStatusCheckedAt": "2026-10-02"
    }
  },
  "event": {
    "id": "evt-ca-g7-cmpa-2025",
    "date": "2025-10-31",
    "jurisdiction": "canada",
    "titleEn": "Canada unlocks 26 new investments and partnerships with 9 allied countries to secure critical minerals supply chains (G7 Critical Minerals Production Alliance, first round)"
  },
  "parents": [],
  "children": [],
  "sources": [
    {
      "id": "src-nrcan-g7-cmpa-2025",
      "title": "Backgrounder: Canada unlocks 26 new investments and partnerships with 9 allied countries to secure critical minerals supply chains",
      "publisher": "Natural Resources Canada",
      "url": "https://www.canada.ca/en/natural-resources-canada/news/2025/10/backgrounder-canada-unlocks-25-new-investments-and-partnerships-with-9-allied-countries-to-secure-critical-minerals-supply-chains.html",
      "language": "en",
      "datePublished": "2025-10-31",
      "dateAccessed": "2026-09-23",
      "sourceType": "official",
      "confidence": "primary",
      "notes": "NRCan backgrounder on the first round of projects under the G7 Critical Minerals Production Alliance, announced on 31 October 2025 at the G7 Energy and Environment Ministers' Meeting in Toronto. Read in full in a browser on 2026-09-23 (canada.ca times out for automated clients). Figures without a currency are Canadian dollars, read from the issuing government; figures in US dollars are printed as US$."
    },
    {
      "id": "src-nmg-q2-mda-2026",
      "title": "Management Discussion & Analysis for the six-month period ended June 30, 2026",
      "publisher": "Nouveau Monde Graphite / SEC",
      "url": "https://www.sec.gov/Archives/edgar/data/1649752/000110465926095007/nmg-20260630xex99d2.htm",
      "language": "en",
      "datePublished": "2026-08-12",
      "dateAccessed": "2026-10-02",
      "sourceType": "other",
      "confidence": "primary",
      "notes": "Complete issuer MD&A, signed August 12, 2026. Pages 9–10 date Phase 2 mine construction from April 13. Financing and liquidity sections describe a later US$335-million EDC/CIB debt commitment subject to conditions and final documentation. Physical implementation is attributed to the company; forecasts are not treated as completed milestones."
    }
  ]
}