- North America’s inefficiency to attain necessary critical minerals “puts us in danger,” states a recent article from the National Review
- Establishing a strong domestic mineral and metal production base is essential for fostering economic growth, creating jobs and ensuring energy security
- Fathom Nickel is leveraging advanced exploration techniques and a commitment to sustainable practices to uncover new nickel deposits
In recent years, the importance of domestic mineral and metal production in North America has become increasingly evident. With the growing demand for renewable energy technologies and advanced manufacturing, ensuring a secure and reliable supply of essential minerals and metals has become a top priority. Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is focused on exploring high-grade nickel sulfide discoveries and is working to establish a foothold in the domestic mining exploration space.
“America’s inability to extract even basic levels of necessary minerals and metals from its massive endowment is not just laughable; it puts us in danger,” states a recent article from the National Review (https://ibn.fm/o1Fsc). “America’s blessings of enormous energy supplies and a wealth of mineral ores and metals have made possible our economic stability and national defense. Now that global ‘resource wars’ threaten U.S. mineral-import needs, policy-makers are slowly beginning to realize that mineral security means national security. That is why delaying — by 20 years, in some cases, or even longer — or purposefully disrupting the environmentally friendly production of U.S. critical minerals using modern technology is a clear and present danger to our country.”
The reliance on foreign sources for critical minerals poses significant risks. Geopolitical tensions and trade disputes can disrupt supply chains, leading to shortages that can impact industries ranging from technology to defense. The National Review article points out that the United States imports approximately 80% of its critical minerals, making it vulnerable to external factors that could jeopardize access to these vital resources. The situation is similar in Canada, where reliance on foreign minerals can create challenges in achieving energy independence and economic resilience.
Establishing a strong domestic mineral and metal production base is essential for fostering economic growth, creating jobs and ensuring energy security. By investing in local mining operations, both countries can reduce their dependence on imports, stabilize prices and protect their economies from external shocks. Furthermore, a robust domestic supply chain contributes to innovation in various sectors, supporting the development of new technologies and sustainable practices.
As the world transitions to a low-carbon economy, energy metals such as lithium, nickel and cobalt have become increasingly important. These metals are critical for manufacturing batteries used in vehicles and renewable energy systems. The demand for critical minerals is projected to skyrocket in the coming years, making domestic production even more crucial.
In this context, companies such as Fathom Nickel are stepping up to meet the challenge of exploring and producing energy metals in North America. Fathom Nickel, focused on nickel exploration in Canada, is positioning itself to play a significant role in supplying these essential resources.
Fathom Nickel is leveraging advanced exploration techniques and a commitment to sustainable practices to uncover new nickel deposits. The company’s exploration projects, primarily located in the Thompson Nickel Belt in Manitoba, are designed not only to meet current demand but also to anticipate future needs in the growing green-technology market.
As environmental concerns continue to shape public policy as well as investor expectations, mining companies must prioritize sustainable practices. Fathom Nickel’s focus on sustainable exploration aligns with the broader goal of responsible resource management. The company is committed to minimizing its environmental footprint through responsible exploration techniques and community engagement, ensuring that local ecosystems are preserved and that the benefits of mining are shared with nearby communities.
Fathom is an exploration company that is targeting magmatic nickel-sulphide discoveries to support the rapidly growing global markets and to secure the supply of North American critical minerals. The company now has a portfolio of three high-quality exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan: 1) the Albert Lake Project, a 90,000-plus hectare project that was host to the historic and past-producing Rottenstone Mine; 2) the 22,000-plus hectare nickel-copper-cobalt-producing (“Ni-Cu-Co”) Gochager Lake Project that is host to a historic, NI43-101 noncompliant open pit resource; and 3) the 10,000-plus hectare Friesen Lake Project located 40 kilometers southwest of the historic Rottenstone Mine and 30 kilometers northwest of the historic Gochager Lake deposit.
For more information, visit the company’s website at fathomnickel.com.
NOTE TO INVESTORS: The latest news and updates relating to FNICF are available in the company’s newsroom at https://ibn.fm/FNICF
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