PMET signs LOI with Matagami for Shaakichiuwaanaan spodumene concentrate rail transshipment

• Pmet Resources signed a non-binding LOI with the City of Matagami to transship spodumene concentrate from truck to rail.
• Matagami yard positioned as the project’s rail link for onward transport to port, supporting Shaakichiuwaanaan’s planned logistics chain.
• LOI sets a framework for infrastructure upgrades, operating terms, pricing, service scope, pending negotiation.
• Targeting a definitive commercial agreement before a final investment decision for the Shaakichiuwaanaan lithium project in Quebec.
• Late 2025 feasibility study outlined potential output of about 800,000 tonnes per year of spodumene concentrate using a DMS-only flowsheet.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pmet Resources Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202610041700CANADANWCANADAPR_C3690) on October 04, 2026, and is solely responsible for the information contained therein.