First Atlantic Nickel & Cobalt Produces High Grade Alloy Concentrate Up to 71.9% Nickel and 1.76% Cobalt from Its Pipestone XL Nickel-Cobalt Alloy Project, Using Its First-Ever ONSHORE MAX (Magnetic Alloy eXtraction) Recovery & Concentration Process, Unveiled at the Fastmarkets Lithium Supply & Battery Raw Materials Conference, Las Vegas, USA

First Atlantic Nickel & Cobalt Corp. has made a groundbreaking achievement by producing high-grade alloy concentrate containing up to 71.9% nickel and 1.76% cobalt from its Pipestone XL project using its innovative ONSHORE MAX process. This marks the first time this proprietary magnetic extraction method has been used on land, showcasing significant potential for the nickel-cobalt industry. The unveiling at the Fastmarkets Lithium Supply & Battery Raw Materials Conference in Las Vegas underscores the importance of this development in advancing sustainable and efficient mining technologies, which is crucial as global demand for battery materials continues to surge.