New Age Metals Inc is a Canadian mineral exploration company that is focused on the discovery, exploration, and development of platinum group metals (PGMs), as well as other strategic metals such as lithium, cobalt, and copper. The company's competitive edge lies in its unique approach to mineral exploration, which involves the use of modern exploration techniques and technologies, as well as its strategic partnerships with leading industry players.
One of the key factors that sets New Age Metals apart from its peers is its focus on the development of PGMs, which are critical metals used in a wide range of industrial applications, including catalytic converters, fuel cells, and electronics. The company's flagship project, the River Valley PGM Project, is one of the largest undeveloped PGM deposits in North America, with an estimated resource of over 2.5 million ounces of palladium equivalent.
In addition to its focus on PGMs, New Age Metals is also actively exploring for other strategic metals such as lithium, cobalt, and copper, which are in high demand due to their use in the production of batteries for electric vehicles and other renewable energy applications. The company's Lithium Division is focused on the exploration and development of lithium projects in Manitoba, while its Copper-Nickel-PGM Division is focused on the exploration and development of copper-nickel-PGM projects in Ontario.
Overall, New Age Metals' unique approach to mineral exploration, combined with its focus on critical metals such as PGMs, lithium, cobalt, and copper, and its strategic partnerships with leading industry players, give the company a competitive edge in the rapidly growing clean energy and electric vehicle markets.