Formation Metals Inc

Industry: Other Industrial Metals & Mining

Sector: Basic Materials

Primary metal: None

About

Formation Metals Inc. is a Canadian mineral exploration company primarily engaged in the acquisition and exploration of mineral properties across North America. The company focuses on advancing projects that supply critical minerals essential to modern industries, with a diversified portfolio that targets gold, nickel, copper, zinc, and titanium. Its flagship initiatives include the exploration of nickel at the Nicobat project and a significant gold project in Quebec, both located within top-tier mining jurisdictions. Formation Metals’ multi-metal approach positions it to serve high-growth sectors such as clean energy, electric vehicles, electronics, and infrastructure, where demand for these minerals is accelerating. By addressing the strategic requirements for secure, local supplies of essential raw materials—prioritized by both Canadian and U.S. governments—the company plays a notable role in supporting the energy transition and technology sector advancement. With a robust financial footing and fully funded exploration activities in 2025, Formation Metals Inc. is recognized as a significant emerging participant in the global metals and mining market, contributing to both resource security and technological innovation.

Symbol: FOMOExchange: CSECurrency: CAD