Focus Graphite Secures C$1.38 Million Federal Grant for Lac Knife Project Development

Focus Graphite Inc. announced on Wednesday that it secured up to C$1.38 million in funding through Natural Resources Canada’s First and Last Mile Fund. The company intends to use these funds to support the development of its Lac Knife graphite project in Quebec.

The federal grant provides financial backing for infrastructure and logistical improvements necessary to advance the project toward production. Natural Resources Canada established the First and Last Mile Fund to assist critical mineral projects in overcoming transportation and infrastructure hurdles. Focus Graphite officials stated that this capital injection will facilitate the next phase of technical and operational planning for the site. The company currently focuses on the exploration and development of high-purity flake graphite deposits to supply the growing battery and electric vehicle markets.

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Date: June 3, 2026

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GOAI