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NextSource Materials Extends Mitsubishi Chemical Offtake Agreement Timelines

Tue, 03 Mar 2026 07:00:00 +0000

TORONTO, ON / ACCESS Newswire / March 3, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that it has agreed with Mitsubishi Chemical Corporation to extend the timetable for the binding multi-year Offtake Agreement, announced on August 5^th 2025. All core commercial terms of the 9,000 tonnes per annum Offtake Agreement of anode active material ("AAM") are unchanged, including volume commitments and the established pricing framework.

The extension enables the Company with additional flexibility through July 31, 2027 to satisfy financing, construction, commissioning and first production milestones

NextSource Materials Extends Mitsubishi Chemical Offtake Agreement Timelines

Tue, 03 Mar 2026 07:00:00 +0000

The extension enables the Company with additional flexibility through July 31, 2027 to satisfy financing, construction, commissioning and first production milestones

NextSource Materials signs graphite supply deal with Syrah Resources

Mon, 02 Mar 2026 08:58:11 +0000

NextSource Materials Inc. (TSX: NEXT) (OTCQB: NSRCF) has entered into a binding agreement with Syrah Resources Limited for the supply of natural graphite fines to its planned battery anode facility in Abu Dhabi, United Arab Emirates.

Under the seven-year agreement, NextSource will source between 34,000 tonnes and 68,000 tonnes of natural graphite fines, with annual volumes subject to conditions including the commencement of commercial production at the Abu Dhabi facility and qualification approval by NextSource and its downstream customer.

Pricing will be determined quarterly based on an independently reported natural graphite fines price index, with adjustments for product grade and shipping costs.

NextSource Materials Signs Agreement for the Supply of Graphite Fines as Additional Source of Feedstock for its Battery Anode Facility in Abu Dhabi

Mon, 02 Mar 2026 08:57:00 +0000

TORONTO, ON / ACCESS Newswire / March 2, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that it has entered into a binding agreement (the "Agreement") with Syrah Resources Limited ("Syrah") for the supply of natural graphite fines for NextSource's planned battery anode facility ("BAF") in Abu Dhabi, United Arab Emirates ("UAE").

Under the terms of the Agreement, NextSource will source a minimum of approximately 34,000 tonnes and up to 68,000 tonnes of natural graphite fines in total over a seven-year period, with annual committed and optioned volumes subject to

NextSource Materials Signs Agreement for the Supply of Graphite Fines as Additional Source of Feedstock for its Battery Anode Facility in Abu Dhabi

Mon, 02 Mar 2026 08:57:00 +0000

NextSource Materials CFO Jaco Crouse resigns for new role

Mon, 02 Mar 2026 08:56:08 +0000

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) announced that Chief Financial Officer Jaco Crouse has resigned to accept a senior position with another organization. Crouse will remain with the company for up to four months to facilitate an orderly transition of responsibilities.

Crouse has served as CFO since 2024, during which time he contributed to the company's financial discipline and capital markets activities. The Toronto-based battery materials company stated it is working with external advisors to search for a new CFO while establishing interim arrangements.

"On behalf of the Board and management team, I would like to thank Jaco for his contribution and commitment during

NextSource Materials Announces CFO Transition

Mon, 02 Mar 2026 08:55:00 +0000

TORONTO, ON / ACCESS Newswire / March 2, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that Mr. Jaco Crouse has resigned from his position as Chief Financial Officer after accepting a senior role with another organization. Mr. Crouse will remain employed by the Company for a transition period of up to four months to support an orderly handover of responsibilities.

Mr. Crouse has served as Chief Financial Officer since 2024, during which time he played a key role in strengthening the Company's financial discipline, supporting capital markets activities, and

NextSource Materials Announces CFO Transition

Mon, 02 Mar 2026 08:55:00 +0000

Mr. Crouse has served as Chief Financial Officer since 2024, during which time he played a key role in strengthening the Company's financial discipline, supporting capital markets activities, and

NextSource Materials Executes Letter of Intent with One of the Major Japanese Anode Processors to Supply EV Anode Material to OEMs

Thu, 05 Feb 2026 07:00:00 +0000

TORONTO, ON / ACCESS Newswire / February 5, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that that it has executed a letter of intent ("LOI") with a one of the major Japanese anode material producers (the "Producer") for the potential long-term supply of anode active materials ("AAM") for use in electric vehicle ("EV") batteries. The Company previously announced a binding, multi-year offtake with Mitsubishi Chemical Corp. ("Mitsubishi"), Japan's largest chemical company, to supply 9,000 tonnes per annum ("tpa") of AAM to a major OEM for

NextSource Materials Executes Letter of Intent with One of the Major Japanese Anode Processors to Supply EV Anode Material to OEMs

Thu, 05 Feb 2026 07:00:00 +0000

NextSource Materials secures potential $30M investment for UAE facility

Tue, 03 Feb 2026 07:01:24 +0000

NextSource Materials Inc. (TSX: NEXT) (OTCQB: NSRCF) has executed a letter of intent with Japanese trading company Hanwa Co. Ltd. and Japan Organization for Metals and Energy Security for a potential $30 million investment in its proposed Battery Anode Facility in Abu Dhabi.

The non-binding agreement outlines a project-level investment of up to $30 million through a joint venture between Hanwa and JOGMEC, representing up to 15% equity interest in the UAE facility upon completion of initial Phase 1 funding. The investment would occur in phases subject to definitive agreements.

Phase 1 of the planned facility targets initial production capacity of approximately

NextSource Materials Executes Letter of Intent with Hanwa and JOGMEC for a US$30 Million Strategic Investment in UAE Battery Anode Facility

Tue, 03 Feb 2026 07:00:00 +0000

Highlights:

Strategic Japanese investment and partnership achieved through an executed LOI with Hanwa Co., Ltd. ("Hanwa") and Japan Organization for Metals and Energy Security ("JOGMEC") for a potential project-level equity investment in the UAE Battery Anode Facility ("BAF") of up to US$30 million.
Joint Investment Vehicle to be formed by Hanwa and JOGMEC for the purpose of acquiring a minority equity interest in the Company's UAE BAF at the project level.
Significant advancement on the path to a Final Investment Decision ("FID") achieved as this LOI formalizes the previously announced Japanese strategic consortium and further reinforces

NextSource Materials Executes Letter of Intent with Hanwa and JOGMEC for a US$30 Million Strategic Investment in UAE Battery Anode Facility

Tue, 03 Feb 2026 07:00:00 +0000

Highlights:
Strategic Japanese investment and partnership achieved through an executed LOI with Hanwa Co., Ltd. ("Hanwa") and Japan Organization for Metals and Energy Security ("JOGMEC") for a potential project-level equity investment in the UAE Battery Anode Facility ("BAF") of up to US$30 million.
Joint Investment Vehicle to be formed by Hanwa and JOGMEC for the purpose of acquiring a minority equity interest in the Company's UAE BAF at the project level.
Significant advancement on the path to a Final Investment Decision ("FID") achieved as this LOI formalizes the previously announced Japanese strategic consortium and further reinforces

NextSource Materials Executes Term Sheets with Strategic Investors and Local Capital Partners to Advance Towards Final Investment Decision for its Proposed UAE Battery Anode Facility

Mon, 12 Jan 2026 08:40:00 +0000

TORONTO, ON / ACCESS Newswire / January 12, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that it has finalized multiple term sheets with strategic investors to fund Phase 1 of the Company's proposed Battery Anode Facility ("BAF") in the Industrial City of Abu Dhabi in the UAE. These term sheets indicate substantial progress in the Company's strategic financing process and further reinforces the Company's path towards the final investment decision ("FID").
The Company has finalized term sheets with several strategic investors, including local sovereign‑linked entities and

NextSource Materials Executes Term Sheets with Strategic Investors and Local Capital Partners to Advance Towards Final Investment Decision for its Proposed UAE Battery Anode Facility

Mon, 12 Jan 2026 08:40:00 +0000

TORONTO, ON / ACCESS Newswire / January 12, 2026 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce that it has finalized multiple term sheets with strategic investors to fund Phase 1 of the Company's proposed Battery Anode Facility ("BAF") in the Industrial City of Abu Dhabi in the UAE. These term sheets indicate substantial progress in the Company's strategic financing process and further reinforces the Company's path towards the final investment decision ("FID").
The Company has finalized term sheets with several strategic investors, including local sovereign‑linked entities and

NextSource Materials Announces Results of 2025 Annual Meeting of Shareholders

Wed, 31 Dec 2025 09:55:00 +0000

TORONTO, ON / ACCESS Newswire / December 31, 2025 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the results of the Annual Meeting of Shareholders of the Company (the "Meeting") held virtually at 8:00 AM (Toronto time) on December 30, 2025.
AGM Results
The final voting results of the Meeting are set out below:
Election of Directors. The Company's shareholders elected each of the nominees as directors to serve until the next annual meeting of shareholders, or until their respective successors are elected or appointed. The following table sets forth

NextSource Materials Announces Results of 2025 Annual Meeting of Shareholders

Wed, 31 Dec 2025 09:55:00 +0000

TORONTO, ON / ACCESS Newswire / December 31, 2025 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the results of the Annual Meeting of Shareholders of the Company (the "Meeting") held virtually at 8:00 AM (Toronto time) on December 30, 2025.
AGM Results
The final voting results of the Meeting are set out below:
Election of Directors. The Company's shareholders elected each of the nominees as directors to serve until the next annual meeting of shareholders, or until their respective successors are elected or appointed. The following table sets forth

NextSource Materials Hosts Strategic Investors in Abu Dhabi for Site Visit of Battery Anode Facility

Thu, 27 Nov 2025 10:45:00 +0000

TORONTO, ON / ACCESS Newswire / November 27, 2025 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that its senior executive team successfully hosted a comprehensive site visit on November 25, 2025 to the property and industrial building secured for its first commercial-scale Battery Anode Facility ("BAF") in the Industrial City of Abu Dhabi ("ICAD") in the United Arab Emirates ("UAE").
Proposed Renovation of the Building of the UAE BAF
Actual Building Secured for the UAE BAF
The site

NextSource Materials Hosts Strategic Investors in Abu Dhabi for Site Visit of Battery Anode Facility

Thu, 27 Nov 2025 10:45:00 +0000

TORONTO, ON / ACCESS Newswire / November 27, 2025 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that its senior executive team successfully hosted a comprehensive site visit on November 25, 2025 to the property and industrial building secured for its first commercial-scale Battery Anode Facility ("BAF") in the Industrial City of Abu Dhabi ("ICAD") in the United Arab Emirates ("UAE").
Proposed Renovation of the Building of the UAE BAF
Actual Building Secured for the UAE BAF
The site

NextSource Materials Announces Upsizing of Funding Facility from Vision Blue Resources to Advance UAE Anode Facility Development

Wed, 29 Oct 2025 11:05:00 +0000

TORONTO, ON / ACCESS Newswire / October 29, 2025 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that it has agreed to an extension to its drawdown credit facility (the "Facility") of up to a further US$10 million with Vision Blue Resources Limited ("Vision Blue").
The Company is in active discussions with debt and equity investors that have expressed interest in funding its battery anode facility in the United Arab Emirates ("UAE BAF"). The funding from Vision Blue allows the Company to progress its strategic partner process, advance the UAE BAF

NextSource Materials Announces Upsizing of Funding Facility from Vision Blue Resources to Advance UAE Anode Facility Development

Wed, 29 Oct 2025 11:05:00 +0000

TORONTO, ON / ACCESS Newswire / October 29, 2025 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces that it has agreed to an extension to its drawdown credit facility (the "Facility") of up to a further US$10 million with Vision Blue Resources Limited ("Vision Blue").
The Company is in active discussions with debt and equity investors that have expressed interest in funding its battery anode facility in the United Arab Emirates ("UAE BAF"). The funding from Vision Blue allows the Company to progress its strategic partner process, advance the UAE BAF

NextSource Materials Confirms Uninterrupted Mine Operations and Shipments of SuperFlake(R) Graphite from Madagascar

Fri, 17 Oct 2025 07:49:00 +0000

TORONTO, ON / ACCESS Newswire / October 17, 2025 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") wishes to confirm that operations at its Molo Graphite Mine in southern Madagascar and shipments of its SuperFlake® graphite concentrate remain unaffected by the current political situation in Madagascar.
Mining and processing activities at the Molo mine continue under normal conditions, with the Company maintaining its regular campaign production and logistics schedules. Shipments of SuperFlake® graphite to international customers are proceeding from the port of Tulear without disruption.
NextSource maintains close engagement with community stakeholders to

NextSource Materials Confirms Uninterrupted Mine Operations and Shipments of SuperFlake(R) Graphite from Madagascar

Fri, 17 Oct 2025 07:49:00 +0000

TORONTO, ON / ACCESS Newswire / October 17, 2025 / NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") wishes to confirm that operations at its Molo Graphite Mine in southern Madagascar and shipments of its SuperFlake® graphite concentrate remain unaffected by the current political situation in Madagascar.
Mining and processing activities at the Molo mine continue under normal conditions, with the Company maintaining its regular campaign production and logistics schedules. Shipments of SuperFlake® graphite to international customers are proceeding from the port of Tulear without disruption.
NextSource maintains close engagement with community stakeholders to

NextSource Materials Announces Positive Results of Technical & Economic Study for Proposed Battery Anode Facility in the UAE and Secures Industrial Site with Building in Abu Dhabi

Wed, 01 Oct 2025 07:00:00 +0000

Technical and Economic Study Highlights
Study confirms total UAE BAF production capacity of 30,000 tonnes per annum ("tpa") of anode active material ("AAM"), satisfying production demands of existing Mitsubishi Chemical offtake agreement and accommodating future demand growth from new offtake agreements
Compelling phased-project economics with total capital costs of US$291 million, including sunk costs and working capital of US$7 million, with post-tax NPV_8%of US$442 million and an IRR of 24%
The facility will be developed in two phases, with Phase 1 capital cost of US$150 million delivering AAM production of 14,000 tpa, more than satisfying

NextSource Materials Announces Positive Results of Technical & Economic Study for Proposed Battery Anode Facility in the UAE and Secures Industrial Site with Building in Abu Dhabi

Wed, 01 Oct 2025 07:00:00 +0000

Technical and Economic Study Highlights
Study confirms total UAE BAF production capacity of 30,000 tonnes per annum ("tpa") of anode active material ("AAM"), satisfying production demands of existing Mitsubishi Chemical offtake agreement and accommodating future demand growth from new offtake agreements
Compelling phased-project economics with total capital costs of US$291 million, including sunk costs and working capital of US$7 million, with post-tax NPV_8%of US$442 million and an IRR of 24%
The facility will be developed in two phases, with Phase 1 capital cost of US$150 million delivering AAM production of 14,000 tpa, more than satisfying


Proposed Renovation of the Building of the UAE BAF	Actual Building Secured for the UAE BAF