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Genius — OpenServe

PMET signs Matagami rail transshipment letter of intent — 2dPMET Resources signed a letter of intent with the City of Matagami to develop a logistics route for spodumene concentrate from its Shaakichiuwaanaan lithium project in Quebec, trucking it to Matagami for transfer onto rail to port. The companies plan to negotiate a definitive commercial agreement before a final investment decision; infrastructure contributions, pricing and operating details remain unsettled.

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Jared Kim This rail route should help move the lithium concentrate more efficiently once the final terms are set.