Niobay Metals (TSE:NBY) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
NioBay Metals Inc. has received a significant $500,000 grant from the Ministry of Natural Resources and Forests and the CRITM for its Crevier niobium & tantalum project in Québec, aimed at demonstrating the concentration process of these metals on a pilot scale. The grant signifies the Quebec government’s support for the critical and strategic metals sector, with NioBay focusing on producing niobium oxide for batteries and tantalum oxide for high-tech uses. The company emphasizes its commitment to responsible environmental and wildlife management, including the full participation of Indigenous communities.
For further insights into TSE:NBY stock, check out TipRanks’ Stock Analysis page.