Nmx wins
Nemaska Lithium Gets 1st Prize for its Innovative Technology, at the 6th Gala des societes en Bourse 2013
Marketwired - 3 hrs ago
QUEBEC CITY, QUEBEC--(Marketwired - Apr 30, 2013) - (TSX VENTURE:NMX)(NMKEF)
Editors' Note: There is a photo associated with this press release.
Nemaska Lithium Inc. ("Nemaska" or the "Corporation") announced it was a first place award winner in the Strategic Investment category at the 6th Gala des sociétés en Bourse 2013 that was held on April 3, 2013. The Strategic Investment Award was presented to Guy Bourassa, President and CEO of Nemaska Lithium by Mr. Gaétan Morin, Vice President Corporate Development and Investment of the Fonds de Solidarité FTQ. (View the photo available at the following link:
https://www.marketwire.com/library/20130430-Nemaska0430_800.jpg) The event was hosted by honorary Gala President Luc Bertrand, President of Maple Group, owner of TMX Group and attended by several hundred business leaders from the provinces of Quebec and Ontario.
The award recognizes the importance of investments in infrastructure, R & D or innovation during 2012. Three companies were nominated and the award was given to Nemaska Lithium for its investment in developing an innovative lithium hydroxide production process. The Corporation has filed for patent protection on a process that produces lithium hydroxide using electrolysis technology.
"We had some tough competition in our category and we are honored that our efforts to develop a new process of producing lithium hydroxide has been recognized," commented Mr. Bourassa. "We will be using this unique technology in our Phase 1 Plant which is currently in development. My recent trip to Asia confirmed that the demand for lithium hydroxide is very real and growing and our technology will enable us to meet that demand with high purity lithium hydroxide." He continued, "Quebec is quickly becoming a global centre for the production of lithium compounds from hard rock sources and we are very pleased to be an integral part of this burgeoning industry."