AWARD: Nemaska Lithium wins technology prize

QUEBEC CITY – Nemaska Lithium has won first place in the Strategic Investment category at the sixth Gala des societies en Bourse 2013 held last month. The award recognizes the importance of investments in infrastructure, R&D or innovation in 2012. Nemaska's investment in developing an innovative lithium hydroxide production process beat out two other nominees in the category. The company has filed for patent protection on a process that produces lithium hydroxide using electrolysis technology.

"We had some tough competition in our category and we are honoured that our efforts to develop a new process of producing lithium hydroxide has been recognized," commented Nemaska president and CEO Guy Bourassa. "Quebec is quickly becoming a global centre for the production of lithium compounds from hard rock sources and we are very pleased to be an integral part of this burgeoning industry."

Learn more about Nemaska's patented process at NemaskaLithium.com.