Business
Lomiko Metals Announces Its Presence and Continued Commitment to Engaging With Communities Around the La Loutre Project
MONTREAL / Jun 18, 2024 / Business Wire / Lomiko Metals Inc. (TSX.V: LMR) ("Lomiko Metals" or the "Company") announces that its team will participate in several
About this update from Lomiko Metals Inc.
[{"type":"text","content":"MONTREAL / Jun 18, 2024 / Business Wire / Lomiko Metals Inc. (TSX.V: LMR) (\"Lomiko Metals\" or the \"Company\") announces that its team will participate in several engagement activities in the Laurentian region. Lomiko's core values of excellence, respect and ingenuity are at the heart of the research and development of the La Loutre project. It is in this spirit that the team will be present in the region to participate in several engagement activities with citizens, with the purpose to share the vision of the company and to provide accurate information about the project. Lomiko's role as a corporate citizen is to help communities understand the project, answer questions, receive and discuss concerns in a transparent and open manner, and collaborate in the exchange of ideas and recommendations to develop a successful, sustainable net zero climate project for future generations. Highlights of award and funding announced May 16, 2024 (see press release May 16, 2024) The recent U.S. and Canadian government funding support is part of the bilateral relationship between Canada and the U.S., and forms part of the Energy Transformation Task Force (ETTF) announced in August 2022. This supports innovation in critical minerals projects with the aim of securing the North American energy supply chain and decarbonization. The Department of Defense (\"DoD\") Technology Investment Agreement (\"TIA\") is specifically designed to support the ongoing scientific research and development and environmental studies of the La Loutre graphite project, in accordance with Lomiko's vision and values, and in compliance with all Canadian and Quebec regulations and procedures, including the Bureau d'audiences publiques sur l'environnement (BAPE). All metallurgical studies within the framework of the Natural Resources Canada contribution and DoD grant are aimed at furthering studies into the transformation of the natural graphite product into an anode material, i.e. the negative pole of the battery. In particular, Lomiko is currently pursuing research into spherical graphite production and testing in partnership with Corem, the Quebec-based center of expertise and innovation in mineral processing, National Research Council, also based in Quebec and Polaris, based in the USA. On the basis of the results obtained to date, and the recommendations from previous ...