Does Trump Trade War with China Concern Chinese Flake Graphite Suppliers & Lithium-Ion Battery
Makers?
Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) CEO A. Paul Gill has raised questions on whether recent
activity by graphite suppliers and lithium-ion battery makers indicate concerns regarding increasing trade tensions between the
United States and China. Lomiko will being it’s Fall campaign meet with investors, fund managers and investment advisors at the
Raise Conference
http://raiseconference.com/vancouver2018/ in Vancouver on September 14, 2018.
“It takes 10-15 times more graphite than lithium to create a lithium-ion battery for any number of uses including electric
vehicle batteries. Leading analyst Industrial Minerals has indicated that Chinese suppliers of graphite to the electric vehicle
market are ‘sold out’ of material indicating possible that stockpiling of the material is occurring.”, states A. Paul Gill, CEO of
Lomiko Metals Inc.
Demand for graphite to be used in the battery sector is expected to grow between now and 2020, driven by a positive outlook and
rapid development of the downstream battery industry, according to Fabrizio Corti, business director for synthetic graphite at
Imerys Graphite & Carbon.
Lomiko La Loutre Flake Graphite Property
Lomiko’s main asset is the 80% owned, 2,867.29 hectares (28,67 km2) La Loutre property approximately 53 km east
of Imerys Carbon and Graphite which is North America’s only operating graphite mine, and 117 km northwest of the International Sea
Port of Montreal. The March, 2016
Technical Report and Mineral Resource Estimate on La Loutre Flake Graphite Property of 18.4 M Tonnes of 3.19% Indicated and
16.7 M Tonnes at 3.75% Flake Graphite Inferred with a cut-off of 1.5%. The sensitivity table also features 4.1 M Tonnes of 6.5%
Indicated and 6.2 M Tonnes at 6.1% Flake Graphite Inferred with a cut-off of 3%. Further exploration in the Refractory Zone will be
conducted before completing a Pre-economic Assessment (PEA). Lomiko currently has a drill permit in place.
For more information on Lomiko Metals, review the website at
www.lomiko.com.
On Behalf of the Board
“A. Paul Gill”
Chief Executive Officer
We seek safe harbor.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Lomiko Metals Inc.
A. Paul Gill
604-729-5312
info@lomiko.com.
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