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NextSource Materials Inc.

10:23 AM EST - NextSource Materials Inc. : Announced that commissioning of the Company's Molo Graphite Mine in Madagascar has been initiated and the installation of the solar and battery facility for the hybrid power plant is in progress. The hybrid power plant consists of a thermal generation facility, which is already in operation, and a solar and battery facility, consisting of a 2.6MW solar PV facility and a 1MWh battery energy storage system. The thermal facility currently supplies all of the plant's power requirement, and once completed, the solar and battery facility will provide up to 33% of the mine's total electricity needs using renewable energy. NextSource Materials Inc. shares T.NEXT are trading up $0.03 at $2.22.