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Lomiko Encouraged by Quebec Critical and Strategic Mineral Development Plan and U S – Canada Joint Action Plan on Critical Minerals

Press release content from Business Wire. The AP news staff was not involved in its creation. Lomiko Encouraged by Quebec Critical and Strategic Mineral Development Plan and U.S. – Canada Joint Action Plan on Critical Minerals February 10, 2021 GMT Key advantages for the La Looutre Flake Graphite Project (Graphic: Business Wire) VANCOUVER, British Columbia (BUSINESS WIRE) Feb 10, 2021 Lomiko Metals Inc. (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) (Lomiko or the “Company) has been monitoring government initiatives within the Critical Minerals industry. Recently, the Quebec Plan for Development of Critical and Strategic Minerals (“The Quebec Plan”) indicated that graphite demand would likely increase 300-500% in the coming decades.

LOMIKO SEES BIDEN S $400 BILLION COMMITMENT TO CLEAN ENERGY AS AN OPPORTUNITY FOR QUEBEC MINE DEVELOPERS

Lomiko Metals Inc.  is focused on the exploration and development of flake graphite in Quebec for the new green economy.  Lomiko has been monitoring emerging legislation aimed at reducing North American dependence on Chinese supply of graphite and other electric vehicle battery materials.  The US Geological Society 2020 report indicates that 100% of graphite anodes are currently imported to the United States as … Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) is focused on the exploration and development of flake graphite in Quebec for the new green economy.  Lomiko has been monitoring emerging legislation aimed at reducing North American dependence on Chinese supply of graphite and other electric vehicle battery materials.  The US Geological Society 2020 report indicates that 100% of graphite anodes are currently imported to the United States as there are no domestic graphite mines able to produce the material used in Electric Vehicles.

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