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Clean Air Metals ( (TSE:AIR) ) has shared an update.
Clean Air Metals has outlined its 2026 strategy to aggressively advance the Thunder Bay North project after a sharp rise in platinum, palladium and copper prices dramatically improved the project’s economics, with the updated financial model indicating a significantly higher net present value and internal rate of return than previously estimated. The company plans to fast-track technical and permitting work, including an updated stand-alone mill case to position Thunder Bay North as a regional Copper-PGE processing hub, new metallurgical tests, early design of road and power infrastructure with First Nations participation, and continued environmental baseline studies, while also targeting resource growth through geophysical surveys and follow-up drilling at the Escape deposit and pursuing government funding to support its regional critical minerals strategy.
The most recent analyst rating on (TSE:AIR) stock is a Hold with a C$0.11 price target. To see the full list of analyst forecasts on Clean Air Metals stock, see the TSE:AIR Stock Forecast page.
Spark’s Take on TSE:AIR Stock
According to Spark, TipRanks’ AI Analyst, TSE:AIR is a Neutral.
The score is held back primarily by weak financial performance (no revenue, ongoing losses, and cash burn), despite a supportive low-leverage balance sheet. Technicals are a key positive with strong momentum, though indicators are nearing overbought levels. Valuation remains constrained by lack of profitability and no dividend support.
To see Spark’s full report on TSE:AIR stock, click here.
More about Clean Air Metals
Clean Air Metals is a Canadian mineral exploration and development company focused on platinum group elements (PGE), copper and nickel, anchored by its 100%-owned Thunder Bay North Critical Minerals Project in Northwestern Ontario. Positioned in a tier-one mining jurisdiction and working with supportive First Nations partners, the company aims to become a leading PGE-focused explorer and developer in Canada, leveraging strong federal and provincial backing for critical mineral development.
Average Trading Volume: 595,691
Technical Sentiment Signal: Buy
Current Market Cap: C$25.06M
See more insights into AIR stock on TipRanks’ Stock Analysis page.