The latest announcement is out from Frontier Lithium ( (TSE:FL) ).
Frontier Lithium has secured up to $6 million in non-repayable federal funding through the Critical Minerals Infrastructure Fund, which will support infrastructure projects essential for the development of its PAK Lithium Project in Northwestern Ontario. This funding, which includes grants for mine access road development and power transmission infrastructure, highlights the importance of collaboration in advancing Canada’s critical minerals sector and strengthening its position in the global electric vehicle and energy storage markets.
More about Frontier Lithium
Frontier Lithium Inc. is a pre-production mining company focused on becoming a strategic supplier of premium spodumene concentrates and battery-grade lithium salts. The company targets the electric vehicle and energy storage markets in North America, with its PAK Lithium Project in Ontario’s Great Lakes region holding the largest land position and resource in a premium lithium mineral district.
YTD Price Performance: 28.26%
Average Trading Volume: 119,176
Technical Sentiment Signal: Buy
Current Market Cap: C$134.5M
For a thorough assessment of FL stock, go to TipRanks’ Stock Analysis page.