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New Age Metals Enters Into Memorandum Of Understanding With Liberate Minerals To Evaluate Critical Minerals Processing Opportunities

New Age partners with Liberate Minerals to test critical minerals processing technology at its project.

By The Northwire Desk — AI Analysis Jun 24, 2026 · 07:15 NAM · 0.28 New Age Metals Inc.

Executive Summary

New Age Metals (NAM) entered a Memorandum of Understanding (MOU) with Australian critical minerals refining company Liberate Minerals to evaluate the applicability of Liberate's proprietary Resource Maximisation Process (RMP) to NAM's diversified portfolio of critical and precious metals assets.
The RMP is described as a closed-loop, ambient temperature/pressure chemical refining process that recovers multiple high-purity critical minerals from a single feedstock, recycles 98% of reagents, and operates as a scalable, modular, low-energy system.
Management provided comprehensive operational updates across multiple project divisions, highlighting active field programs, land expansions, and technical reviews in Newfoundland, Ontario, Manitoba, and Alaska.
NAM regained 100% ownership of its Southeastern Manitoba lithium-cesium-tantalum portfolio after JV partner MinRes exited, retaining a 2% revenue royalty.
NAM holds a ~14.39% equity stake in MetalQuest Mining, which is advancing the development-stage Lac Otelnuk Iron Project.
Academic research collaborations include a $1.5M NSERC Alliance grant and an $180K Mitacs grant focused on lithium pegmatite mineralization.

Material Impact

The MOU with Liberate Minerals is an early-stage, non-binding framework. It does not guarantee a commercial partnership, immediate financial impact, or near-term processing improvements. It represents a logical, incremental step in evaluating processing pathways that align with NAM's strategic focus on critical minerals.
The MinRes exit and reacquisition of the Manitoba lithium assets is a routine corporate restructuring that simplifies NAM's capital structure but leaves a 2% revenue royalty in place.
Operational updates across multiple jurisdictions are expected follow-ups to the company's aggressive 2025-2026 acquisition and exploration strategy.
The news is positive for long-term processing potential and portfolio consolidation but lacks immediate catalysts to reverse the stock's recent downtrend. It is classified as Routine - Positive.

NAM · Price

Company Overview

New Age Metals Inc. is a diversified critical and precious metals exploration company focused on North America.
Flagship Project: River Valley Palladium Project (Ontario). A 100% owned, multi-million ounce district-scale PGM asset near Sudbury. A 2023 Preliminary Economic Assessment (PEA) was completed.
Portfolio includes: Genesis PGM-Cu-Ni (Alaska), Northern Shield & Platreef PGM (Ontario's Ring of Fire), Antimony-Gold properties (Newfoundland), Bonanza Ridge Gold (Ontario), and Lithium/Rare Elements (Manitoba).
Strategy focuses on aggressive land acquisition, grassroots exploration, and strategic partnerships to build a district-scale portfolio.

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