King discusses Global Graphite Shortage and Lomiko Metals with Belinda Labatte and Gordana Slepcev
In this InvestorIntel interview, Byron W King interviews Lomiko Metals Inc.’s (TSXV: LMR | OTCQB: LMRMF) CEO and Director Belinda Labatte, and COO Gordana Slepcev about the coming global graphite shortage. With the recent drill results further extending graphite mineralization in multiple zones at the La Loutre Graphite Project in Québec, Belinda provides an update on Lomiko’s portfolio of critical minerals projects in Quebec.
With the Canadian Government announcing that all new vehicle sales will be electric by 2035, Belinda explains how the graphite supply shortage may increase to 8 million tons by 2040. Gordana says that 95% of the anode in a lithium-ion battery is composed of graphite. She goes on to discuss how graphite from Lomiko’s La Loutre Project may be suitable for anode battery applications which require graphite concentrate of 99.95%.
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About Lomiko Metals Inc.
Lomiko Metals has a new vision and a new strategy in new energy. Lomiko represents a company with purpose: a people-first company where we can manifest a world of abundant renewable energy with Canadian and Quebec critical minerals for a solution in North America. Our goal is to create a new energy future in Canada where we will grow the critical minerals workforce, become a valued partner and neighbour with the communities in which we operate, and provide a secure and responsibly sourced supply of critical minerals.
In addition to La Loutre, Lomiko is working with Critical Elements Lithium Corporation towards earning its 70% stake in the Bourier Project as per the option agreement announced on April 27th, 2021. The Bourier project site is located near Nemaska Lithium and Critical Elements south-east of the Eeyou Istchee James Bay territory in Quebec which consists of 203 claims, for a total ground position of 10,252.20 hectares (102.52 km2), in Canada’s lithium triangle near the James Bay region of Quebec that has historically housed lithium deposits and mineralization trends.
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