Lomiko Metals Inc. is a Canadian exploration-stage mining company specializing in graphite and lithium development. Based in Quebec, the company focuses on producing high-grade flake graphite, essential for electric vehicle batteries and clean energy technologies. Their flagship La Loutre project ranks as the 7th largest graphite deposit globally, positioning Lomiko as a significant contributor to North American battery material supply chains. The company manages approximately 14,255 hectares of mineral claims across multiple projects, demonstrating its substantial presence in the critical minerals sector. With a strong emphasis on sustainable practices and community engagement, Lomiko Metals works closely with Indigenous communities and local stakeholders to ensure responsible resource development.
Battery Technology
Lomiko Metals’ primary contribution to battery technology centers on developing high-quality graphite materials for lithium-ion battery anodes. The company’s La Loutre project produces large flake graphite, which undergoes rigorous testing and refinement processes to meet battery manufacturing specifications. Through collaboration with Polaris Battery Labs, Lomiko conducts extensive electrochemical testing, including half-cell coin battery trials and single-layer pouch cell evaluations.
Their graphite processing capabilities include purification and spheroidization, essential steps in creating battery-grade materials. The company received significant support for these developments, including an $8.35 million grant from the U.S. Department of Defense and $4.9 million from Natural Resources Canada to advance graphite upgrading processes. These investments enable Lomiko to optimize their materials for electric vehicle applications, where each vehicle requires substantial amounts of graphite for battery production.
The company also participates in comprehensive rock-to-battery testing cycles as part of their Pre-Feasibility Study, working with the National Research Council for battery trials. This systematic approach ensures their graphite meets the strict requirements of battery manufacturers and automotive OEMs.
Recent Projects
In 2024, Lomiko acquired the Yellow Fox Property from Metals Creek Resources Corp., expanding their portfolio into antimony, gold, and silver resources. The company also published an updated Mineral Resource Estimate for La Loutre, showing increased indicated resources. Additionally, Lomiko implemented an Omnibus Equity Incentive Plan, granting stock options and share units to strengthen their management structure.
Recent discoveries at their Laurentides projects, particularly at Ruisseau, revealed graphite concentrations reaching 27.9%, demonstrating the potential for expanded resource development.
Investors
Lomiko Metals maintains public listings on multiple exchanges, including the TSX Venture Exchange (TSXV:LMR), Over-the-Counter (LMRMD), and Frankfurt Stock Exchange (DH8C). The company has secured substantial government funding, including grants from the U.S. Department of Defense and Natural Resources Canada. While specific private investors are not publicly disclosed, the company continues to engage with strategic investors through private placements to advance their project portfolio.
Business Details
Location: Surrey, British Columbia, Canada
Website: https://lomiko.com
LinkedIn: https://www.linkedin.com/company/lomiko-metals/
