New Age Metals Inc V.NAM

Alternate Symbol(s): NMTLF

Metals & Mining Industrial Metals & Minerals

New Age Metals Inc. is a Canada-based junior mineral exploration and development company. The Company is focused on the discovery, exploration and development of green metal projects in North America. It has two divisions: Platinum Group Element division and Lithium/Rare Element division. Platinum Group Element division includes the 100% owned, multi-million-ounce, district-scale River Valley Project, which is a North America’s undeveloped Platinum Group Element Projects, situated 100 kilometers by road east of Sudbury, Ontario. In addition to River Valley, the Company owns 100% of the Genesis PGE-Cu-Ni Project in Alaska. Lithium/Rare Element division is a mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements, such as tantalum, rubidium, and cesium. Its Lithium Project includes Lithium One, Lithman East, Lithman West, Lithman North, Lithium Two, Lithium East Extension and Cat Lake Lithium Project.

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New Age Metals Inc

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Post by goldennorthon Dec 19, 2021 3:30pm

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Post# 34245069

Future Lithium Demand Is Voracious

Lithium is a future-facing commodity critical for global decarbonization. The biggest automakers, from Tesla Inc. to Volkswagen AG to Toyota Motor Corp., need an ever-growing supply of battery materials to accelerate the roll-out of EVs, with BloombergNEF expecting demand for the minerals in lithium-ion packs to grow fivefold by 2030.