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Monday, October 5, 2026

PMET advances Shaakichiuwaanaan logistics with Matagami rail

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  • PMET Resources (PMETF) has signed a letter of intent (LOI) with the City of Matagami to support spodumene concentrate shipments from its Shaakichiuwaanaan lithium project in Quebec.
  • Under the proposed logistics plan, concentrate would be trucked from the project to Matagami, transferred to rail cars, and transported onward to port.
  • The company plans to finalize a definitive commercial agreement before making a final decision on Shaakichiuwaanaan, with pricing, infrastructure contributions, and operating terms still subject to negotiation.
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