Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) is focused on the exploration and development of graphite for the new green economy. Lomiko has been monitoring actions by government in Canada and the USA that are focused on reducing dependence on Chinese supply of graphite, lithium and other electric vehicle battery materials. Canada and the USA have worked closely and confirmed supply agreements between the two countries.
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Electric Vehicle Sales to Climb for 20 years (Graphic: Business Wire)
President Donald Trump recently signed an Executive Order entitled Executive Order on Addressing the Threat to the Domestic Supply Chain from Reliance on Critical Minerals from Foreign Adversaries, which is focused on creating North American suppliers of Battery Materials.
Excerpts from Executive Order:
“…the United States is 100 percent reliant on imports for graphite, which is