Lomiko Views the Roberts Bank Terminal 2 Development As Critical Infrastructure for the New Green Economy
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Lomiko Views the Roberts Bank Terminal 2 Development As
Critical Infrastructure for the New Green Economy
(Vancouver, Canada January 7, 2021) Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF,
FSE: DH8C) is focused on the exploration and development of flake graphite in Quebec for the
new green economy. Lomiko CEO A. Paul Gill is a member of the Surrey Board of Trade (‘ SBOT”)
Transportation Committee and whole-heartedly supports SBOT’s endorsement of the project.
Lomiko has been monitoring emerging legislation aimed at developing a new green economy and
views the Robert Bank Terminal 2 as a necessary project based on economic and environmental
considerations.
“We believe in growing a new green economy”, stated A. Paul Gill, CEO of Lomiko Metals, “Canada
must have key infrastructure in place to participate in this green-growth strategy.”
Containerized trade capacity on Canada’s West Coast faces a stark reality in the coming years
because it has not kept up to demand. The Vancouver Fraser Port Authority, a federal agency
with a mandate to enable Canada’s trade, is working on providing the solution by building Roberts
Bank Terminal 2 to increase capacity by the mid-2020s. A proposed marine container terminal in
Delta, B.C., if approved, would ensure Canada is able to meet global trade demands for the import
and export of containerized goods. The status quo would result in continuing to lose business to
other cities on the West Coast and transporting Canadian goods by tractor trailer through the
United States. These are both sound economic and environmental reasons for this vital
infrastructure project.
Based in Surrey, British Columbia, Lomiko Metals is an exploration-stage company engaged in the
acquisition, exploration and development of resource properties that contain minerals for the
new green economy . Minerals such as lithium and graphite make up the heart of a lithium-ion
battery and Canada is in the fortunate position to be rich in high-quality deposits of both. With a
focus on graphite at the La Loutre Project in Quebec, Lomiko is developing this critical material to
supply a future market for Electric Vehicles and to help facilitate the transition to the new green
economy.
The opportunity to develop and provide graphite materials supply for the green economy is more
viable if Lomiko is able to move products across the supply chain in an efficient manner in the
future. Infrastructure projects like the Vancouver Fraser Port Authority’s Roberts Bank Terminal
2 project are necessary in making sure that Canada’s economic engine is running at its full
potential. With strong supply chain support, Canadian businesses such as Lomiko Metals will be
able to play a key role in new markets for Electric Vehicles and Clean Technology.
Once the container terminal is operational, it would add approximately $1.2 billion in GDP into
the Canadian economy on an annual basis. Tax revenues distributed across all levels of
government from the project include $300 million during construction and $205 million annually
during terminal operations. This revenue is in-turn invested into our communities and help shape
our way of life. It is more funding for our schools, hospitals, and first responders. If Roberts Bank
Terminal 2 is not built, increasing import demand for container cargo by Canadians will go through
U.S. ports. This would result in higher costs, higher transportation emissions and unrealized
economic opportunity, including jobs, for Canadians.
The company diligently posts updates through videos from the official Lomiko Youtube channel.
For more information on Lomiko Metals review the website at www.lomiko.com, email:
On behalf of the board
“A. Paul Gill”
Director & 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), accept responsibility for the adequacy or accuracy of this release .