Metals Australia LtdASX: MLS

Lac Carheil Graphite Project Awarded Grant Funding

· Issued by Metals Australia Ltd

Filed with ASX · · 12 pages · English

Summary by 6ix AI

Metals Australia Ltd has announced that its subsidiary, Lac Rainy Graphite Inc., has been awarded grant funding for the Lac Carheil Graphite Project from the Quebec Ministry of Natural Resources and Forests. The grant, aimed at supporting research and innovation, will assist in advancing the project's design and feasibility studies. The funding will cover detailed investigations and metallurgical test work necessary for the project's development. Both the Quebec Minister of Natural Resources and the Minister of Employment expressed support for the project's potential benefits to the local economy.

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