Is Metallica making a new album?

Metallica's most recent studio album, _72 Seasons_, was released on April 14, 2023. As of February 25, 2023, there is no official information about any plans for a new album after its release. Therefore, I cannot give a definitive answer to this question. You may want to follow Metallica's official website or social media for upcoming announcements and updates on any plans for future releases.