Lomiko Metals (TSE:LMR) has released an update.
Lomiko Metals Inc. has received significant financial boosts, with an $8.35 million grant from the U.S. Department of Defense and a further CA$4.9 million from Natural Resources Canada, to advance the La Loutre natural flake graphite project in Quebec. This funding is a strategic move to strengthen North American energy security and supply chains for battery-grade graphite. The company views this as a pivotal moment signaling collaboration between the U.S. and Canada in the transition to responsible energy and a sustainable economy.
For further insights into TSE:LMR stock, check out TipRanks’ Stock Analysis page.
