Business
New Age Metals Participates in University of Manitoba Sustainable Mineral Exploration Grant for $1.5 Million
(TheNewswire) June 17 th , 2024 – TheNewswire - Rockport, Ontario - ...
About this update from New Age Metals Inc
[{"type":"text","content":"New Age Metals Participates in University of Manitoba Sustainable Mineral Exploration Grant for $1.5 Million\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n June 17\n \n \n th\n \n \n , 2024 –\n \n \n TheNewswire -\n \n \n Rockport, Ontario - New Age Metals Inc. (TSX.V:\nNAM\n \n \n )\n \n \n ;\n \n \n (\n \n \n OTCQB: NMTLF\n \n \n )\n \n \n ;\n \n \n (\n \n \n FSE: P7J.F) (“NAM” or the “Company”) in conjunction\nwith University of Manitoba researchers are poised to unlock more\nsustainable ways to extract mineral resources, thanks to a $1.5\nmillion dollar grant from Natural Sciences and Engineering Research\nCouncil (NSERC).\n \n \n \n \n Critical metals, including lithium, nickel and platinum\ngroup elements (PGEs) and other strategically important minerals play\na vital role in various high-tech industries, from renewable energy to\nelectronics manufacturing and contribute to the provincial economy.\nHowever, their extraction and processing pose unique challenges,\nincluding environmental concerns and supply chain\nvulnerabilities.\n \n \n \n \n UM researchers, Dr. Mostafa Fayek\nand Dr. Alfredo Camacho, in collaboration with Lakehead University\nresearcher and NOHFC Industrial Research Chair in Mineral Exploration\nDr. Peter Hollings, and industry partners New Age Metals, and Grid\nMetals Corp., will use the funding to address key issues related to\ncritical metals exploration and extraction. Through cutting-edge\nresearch and collaboration industry and academic partners also want to\nprioritize engaging Indigenous communities in innovative technologies\nand sustainable practice research.\n \n \n \"Our research will promote and strengthen existing links with\ninternational researchers, generating knowledge transfer to strengthen\nManitoba's position as a leader in critical metals research and\ninnovation,\" said Dr. Fayek, Distinguished Professor at the\nUniversity of Manitoba. “Indigenous peoples are underrepresented in\nSTEM fields in general, and our project seeks to remove barriers and\ndirectly engage Indigenous peoples in exploration. This investment\nunderscores the importance of collaboration between academia,\nindustry, and Indigenous stakeholders to drive innovation and economic\ngrowth.\"...