Lomiko Metals ( (TSE:LMR) ) just unveiled an update.
Lomiko Metals Inc. has announced updates on its La Loutre natural flake graphite project’s feasibility studies in Quebec, Canada. The company has received significant funding from both the U.S. Department of Defense and Natural Resources Canada to support its studies and anode material piloting. The reallocation of funds allows Lomiko to efficiently progress with pre-feasibility and metallurgical studies, involving local contractors and consultants. This initiative is expected to bolster the local critical minerals supply chain, with community engagement and decarbonization efforts being integral to the project’s development.
More about Lomiko Metals
Lomiko Metals Inc. operates in the mining industry, focusing primarily on the extraction and development of natural flake graphite. The company is engaged in projects in Quebec, Canada, with a market focus on critical minerals supply chain development.
YTD Price Performance: 22.22%
Average Trading Volume: 7,640
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.5M
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