GéoMégA, which owns 100% of the Montviel Rare Earths/Niobium project, is a Québec mineral exploration Company focused on discovery and sustainable development of economically viable deposits of minor metals, such as rare earths elements (“REE”), niobium and graphite in Quebec. GéoMégA is committed to meeting Canadian mining industry standards and distinguishing itself with its expertise, know-how and its support and respect for local communities and the environment.
As society emerges from fossil energy to a more efficient and sustainable source, GéoMégA believes that the future of clean energy resides in the REE called neodymium. Neodymium is vital for the production of high-performance permanent-magnet motors, used in a wide variety of electrical machines. Such machines are already in increasing demand with the growth of sustainable-energy initiatives such as hybrid and electric vehicles and direct-drive wind turbines.