For Contrecoeur, our first role was to help the Contrecoeur management team secure the funding they needed to get the project up and running. Of course, we got that done. They finished up their project and they are now under construction.
Our office has a project management group inside of it. We connect with the project group at Contrecoeur and provide them with whatever support they need. If there are any issues that emerge, we troubleshoot whatever we can so that we can help them ensure that the construction gets completed and is on time and on budget. As you know, that Contrecoeur port will be very important for Montreal and Quebec.
With Nouveau Monde Graphite, they needed to ensure that they had contracts for that graphite. We helped them secure some final contracts through the government for the graphite so that we could make sure that they could be financed. We also helped them secure financing and close the financing with various public entities such that they went to the market and raised equity for that project, which gave them all the money they needed.
They've now started the construction of that mine. We stay in touch with them to make sure that they have what they need as they're constructing.
They are going to build a refining project at Bécancour so that a quarter of the graphite will be refined for markets with their customers. This is really exciting, because it means that we're upgrading graphite. As you know, that's a natural form of graphite. It's one of the only natural forms in North America, so it's extremely important. We're helping them get organized around the final permitting and financing for the refinery part of that project.
We're also hoping to get more projects from Quebec, so we'd like you to find some more for us.