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In a world focused on green technology and the transition to electrification, First Atlantic Nickel is Leading the Charge with the Atlantic Nickel Project. Situated in the heart of Newfoundland, The Atlantic Nickel Project offers large scale potential for clean, easy to process nickel that can be used to drive the EV market in North America. Within a mining friendly jurisdiction, First Atlantic is looking to capitalize on their 30 kilometer long ophiolite complex which contains Awaruite, (a naturally forming stainless steel alloy).
In this video, we highlight Adrian Smith, CEO of First Atlantic Nickel as he highlights the Atlantic Nickel Project and offers insights into the current drill campaign. He also touches on the benefits of nickel awaruite and its environmentally friendly magnetic processing qualities. If you would like to know more about the formation of awaruite and see more of the property, follow the link at the end of this video to view the Atlantic Nickel Site visit video featuring Project Geologist Mike Piller, filmed during the summer of 2024.
About First Atlantic Nickel Corp.
First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) is a Canadian mineral exploration company developing the 100%-owned Atlantic Nickel Project, a large-scale nickel deposit strategically located near existing infrastructure in Newfoundland, Canada. The Project’s nickel occurs as awaruite, a natural nickel-iron alloy containing approximately 77% nickel with no-sulfur and no-sulfides. Awaruite’s properties allow for smelter-free magnetic separation and concentration, which could strengthen North America’s critical minerals supply chain by reducing foreign dependence on nickel smelting. This aligns with new US Electric Vehicle US IRA requirements, which stipulate that beginning in 2025, an eligible clean vehicle may not contain any critical minerals processed by a FEOC (Foreign Entities Of Concern)6.
First Atlantic aims to be a key input of a secure and resilient North American critical minerals supply chain for the stainless steel and electric vehicle industries in the USA and Canada. The company is positioned to meet the growing demand for responsibly sourced nickel that complies with the critical mineral requirements for eligible clean vehicles under the US IRA. With its commitment to responsible practices and experienced team, First Atlantic is poised to contribute significantly to the nickel industry’s future, supporting the transition to a cleaner energy landscape. This mission gained importance when the US added nickel to its critical minerals list in 2022, recognizing it as a non-fuel mineral essential to economic and national security with a supply chain vulnerable to disruption.
For more information on First Atlantic Nickel please visit www.Insidexploration.com/fan or http://www.fanickel.com
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© Copyright 2022 insidexploration.com | Multimedia and analytical due diligence database for the investing community | Contact us: insidexploration@gmail.com