First Atlantic Nickel & Cobalt Corp. focuses on the exploration and development of nickel and cobalt resources, specifically a rare magnetic nickel-cobalt alloy known as awaruite, which contains 77% nickel. The company aims to bypass traditional smelting processes, allowing its product to be shipped directly to downstream markets such as electric vehicle battery refineries, stainless steel, aerospace, and defense industries. First Atlantic operates primarily in Newfoundland, Canada, targeting the growing demand for critical minerals in North America.
