Lomiko Metals awarded US$8.35m grant from the United States of America Department of Defense (“DoD”) in a Technology Investment Agreement (“TIA”) and funding of CA$4.9m from Natural Resources Canada to support further studies at La Loutre natural...
This grant funding is to strengthen and expand the industrial base for natural flake graphite in North America.
- This grant funding is to strengthen and expand the industrial base for natural flake graphite in North America.
- The objective of the program is to pilot the proposed graphite upgrading process and convert La Loutre natural flake graphite into battery-grade anode material.
- The CMRDD funding is in the form of a contribution agreement, in which Natural Resources Canada will contribute CA$4.9 million over a three-year period.
- Ms. Gordana Slepcev a COO of Lomiko Metals Inc., is a Qualified Person within the meaning of NI 43-101.