NextSource Materials Inc
Industry: Other Industrial Metals & Mining
Sector: Basic Materials
Primary metal: None
About
NextSource Materials Inc. is a battery materials development company based in Toronto, Canada. It focuses on mining and value-added processing of graphite and other minerals to supply critical materials for batteries and technology applications. The company operates through two main segments: mine development and battery anode facilities development. Its principal asset is the Molo graphite mine in southern Madagascar, one of the largest and highest-quality graphite deposits worldwide, featuring SuperFlake graphite concentrate with a production capacity of 150,000 tons per annum. Production is ramping up at the Molo Mine. NextSource Materials Inc. also develops battery anode facilities in Mauritius for producing coated, spheronized, and purified graphite targeted at battery and automotive customers. The company holds interests in the Green Giant vanadium project in Madagascar and the Sagar project in Quebec, Canada, both at exploration and evaluation stages. Through partnerships, it supplies SuperFlake anode material to major original equipment manufacturers in the electric vehicle market.
CEO
Mr. Hanre A. Rossouw B.Com., M.B.A.
Contact Info
Exchange Tower
Toronto, ON M5X 2A2
Canada
416 364 4911
info@nextsourcematerials.com
Website →Stock Performance
1 Week: 0.00%
1 Month: -15.15%
3 Months: -17.65%
This Year: -17.65%
1 Year: -32.53%
3 Years: -87.83%
5 Years: -92.00%
Symbol: NEXTExchange: TSXCurrency: CAD
52-week low: 0.15
52-week high: 0.63
50-day ma: 0.41
200-day ma: 0.39
Shares Short: 50,767
Short ratio: 0.12
Avg volume: 322,190
Beta: 0.31
Market Cap
52 M
Shares out
185.58 M
Cash
(2025-12-31)
4.14 M
Debt
(2025-12-31)
52.77 M
Cashflow
-30.11 M
Free cashflow
-29.12 M
Revenue
1.69 M
Gross profit
N/A
Profit margin
0.00%
Ebitda
N/A
P/E Ratio
N/ADividend yield
0.00%
Projects and resources
View all projectsCompany News
- NextSource Materials Extends Mitsubishi Chemical Offtake Agreement TimelinesTORONTO, ON / 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 Offta...Mar 3, 2026
- NextSource Materials Signs Agreement for the Supply of Graphite Fines as Additional Source of Feedstock for its Battery Anode Facility in Abu DhabiTORONTO, ON / 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 natur...Mar 2, 2026
- NextSource Materials Announces CFO TransitionTORONTO, ON / 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 org...Mar 2, 2026
- NextSource Materials Announces Closing ofNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, ON / February 24, 2026 / NextSource Materials Inc. ("NextSource" or the "Company") (TSX:NEXT) is pleased to announce that it has closed its ...Feb 24, 2026
- NextSource Materials Announces C$25 Million LIFE Offering to Advance UAE Battery Anode Facility/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Feb. 9, 2026 /CNW/ - NextSource Materials Inc. ("NextSource" or the "Company") (TSX:NEXT) i...Feb 9, 2026
- NextSource Materials Executes Letter of Intent with One of the Major Japanese Anode Processors to Supply EV Anode Material to OEMsTORONTO, ON / 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 producer...Feb 5, 2026
- NextSource Materials Executes Letter of Intent with Hanwa and JOGMEC for a US$30 Million Strategic Investment in UAE Battery Anode FacilityHighlights: 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 B...Feb 3, 2026
- NextSource Materials Executes Term Sheets with Strategic Investors and Local Capital Partners to Advance Towards Final Investment Decision for its Proposed UAE Battery Anode FacilityTORONTO, ON / 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...Jan 12, 2026
- NextSource Materials Announces Results of 2025 Annual Meeting of ShareholdersTORONTO, ON / 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 (...Dec 31, 2025
- NextSource Materials Hosts Strategic Investors in Abu Dhabi for Site Visit of Battery Anode FacilityTORONTO, ON / 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 in...Nov 27, 2025
- NextSource Materials Announces Upsizing of Funding Facility from Vision Blue Resources to Advance UAE Anode Facility DevelopmentTORONTO, ON / 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 ...Oct 29, 2025
- NextSource Materials Confirms Uninterrupted Mine Operations and Shipments of SuperFlake(R) Graphite from MadagascarTORONTO, ON / 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 concent...Oct 17, 2025
