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Frontier Lithium Inc
Symbol FL
Shares Issued 250,567,041
Close 2026-08-06 C$ 0.435
Market Cap C$ 108,996,663
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Frontier to seek byproducts from proposed PAK project

2026-08-06 18:03 ET - News Release

Mr. Trevor Walker reports

FRONTIER LITHIUM SIGNS NRCAN CONTRIBUTION AGREEMENT TO ADVANCE BY-PRODUCT VALORIZATION AT THE PAK LITHIUM PROJECT

Through a subsidiary, Frontier Lithium Advanced Materials Inc., Frontier Lithium Inc. has entered into a contribution agreement with Natural Resources Canada under the Global Partnerships Initiative to support the advancement of byproduct valorization initiatives at the company's proposed PAK lithium project in Northwestern Ontario.

The GPI advances Canada's global leadership in critical minerals by supporting responsible value global supply chains, advancing partnerships, and improving the competitiveness and sustainability of the Canadian mining sector.

The executed agreement for the program follows the company's previously announced conditional approval under the program and formalizes NRCan's support for advancing toward commercialization treatment options of secondary materials generated from lithium processing. Under the program, Frontier plans to advance technical and economic feasibility work focused on optimizing lithium refining flow sheets and identifying opportunities to extract additional value from process waste streams. The program provides for a non-repayable contribution to the company of up to $2.3-million, subject to the terms and conditions of the agreement.

The program will assess the advancement of pathways toward commercialization for valorizing secondary materials generated during the lithium conversion process, specifically the evaluation of sodium sulphate byproduct for use in the production of specialty fertilizer that has high commercial value and is critical for specialty agricultural applications. The project will result in improvements in resource efficiency, recovery rates and environmental performance of the overall lithium conversion process.

Identifying and utilizing alternative applications for potential byproducts generated from the project will play a significant role in reducing the overall environmental impact of operations. By transforming these materials into valuable products, the project will contribute to societal benefits, such as the creation of new employment opportunities. This strategy will also enhance the appeal and competitiveness of Canadian companies within the battery supply chain, positioning them as leaders in sustainable resource management and responsible development.

"Canada is making strategic investments to strengthen our critical minerals value chain and get more from the resources we produce," said Tim Hodgson, Minister of Energy and Natural Resources. "Our government's support for Frontier Lithium will help advance innovative approaches to improving efficiency, reducing waste and creating new economic opportunities for Canadians."

Trevor Walker, president and chief executive officer, commented: "Our development strategy is focused on a phased approach, beginning with the establishment of the mine followed by the conversion facility. This sequential plan ensures we efficiently advance toward a vertically integrated lithium operation while maintaining flexibility for future growth. The work supported under the GPI agreement is integral to this approach as it not only strengthens our commitment to responsible development but also enhances Canada's global leadership in critical minerals by promoting sustainable value chains and supporting international partnerships."

The work supported under the GPI agreement aligns with Frontier's broader strategy to develop a responsible, vertically integrated lithium project that contributes to secure resilient North American battery supply chains.

About Frontier Lithium Inc.

Frontier Lithium is a preproduction mining company with an objective to become a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts to the growing electric vehicle and energy storage markets in North America. The company's PAK lithium project encompasses a large land position and resource in a premium lithium mineral district located in Ontario's Great Lakes region.

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