Federal instrument · Cooperative agreement

DPA Title III Technology Investment Agreement with Lomiko Metals for La Loutre Graphite Studies (May 2024)

Lomiko Metals announced on 16 May 2024 a US$8.35 million grant from the U.S. Department of Defense in a Technology Investment Agreement under Title III of the Defense Production Act, funded through the Inflation Reduction Act, with company matching required for a total agreement of US$16.7 million over five years, to strengthen and expand the industrial base for natural flake graphite in North America through three phases of study work at La Loutre, Quebec.

Facts on this page last re-verified Aug 13, 2026 — the oldest verification date among its current claims. How we verify.

Financial state: Obligated

Program: Defense Production Act Title III · U.S. Department of Defense

Primary source: Lomiko Metals Inc. · published May 16, 2024

Terms

Amount$8.35M (DoD contribution as announced, matched by Lomiko for a total agreement with DoD of US$16.7 million over five years)
Cost share percent50

Immutable financial events

  1. May 16, 2024 · Obligated

Operational milestones are displayed on the linked facility line, not duplicated in this ledger.

Sources