Geomega

The renewable energy revolution is being driven by Rare Earth Magnets

“The rare earths used for permanent magnets will remain the driving force of the industry, in particular the increasing demand for hybrids and EVs. Overall ‘new’ rare earths demand for REPMs could constitute 30-40% of demand by volume and 80-85% by value by the end of the next decade.”
IMCOA-Curtin, IREC15

ABOUT

Transport electrification and efficient renewable energy are no longer the distant future – they are today’s reality. This has been made possible with rare earth permanent magnets, which were discovered in the 1980’s and have since become the driver of the transformation we are witnessing today.

Rare earth magnets are made from the lanthanide Neodymium (Nd) and include smaller amounts of other REE such as Praseodymium (Pr), Terbium (Tb) and Dysprosium (Dy).

These magnets are vital for the production of high-performance permanent-magnet motors, used in a wide variety of electrical devices. Such applications are already in increasing demand with the growth of sustainable-energy initiatives including hybrid and electric vehicles and direct-drive wind turbines.

ree-oxide
In-house Separated Neodymium, Dysprosium and Cobalt

Over the past 5 years, through our subsidiary and innovation arm “Innord“, we have developed a proprietary rare earths separation technology, ISR. With a goal of scaling up ISR to commercial production levels, GeoMega believes it can play an important role in supplying rare earth oxides via our environmentally friendly process, in a strategic and safe jurisdiction.

Our focus is first to develop a REE refining capacity which will be critical toward developing any new REE mines in North America in the future. This same technology is also applicable to recycling of rare earth magnets which are becoming more available as they penetrate every aspect of our daily life.

Derisking through production & gradual scale up to mitigate technical risks!

“It makes much more investment sense to have internal rare earth processing technology – otherwise it’s just sent off to processing companies in China for poor returns and no global supply advantage”.
Simon Britt (PDAC 2015)

RARE EARTHS

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REE Basics

Learn about Rare Earth Elements

Market

REE Market around the world

In the News

REE in the news and media

Reactor
"ISR" technology separation reactor

REE SEPARATION

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Current

Solvent extraction of Rare Earths

Innord Inc.

Innovation arm of Geomega

ISR Tech

Our REE Separation Technology

PROJECTS

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DJI_0115
Surface diamond drilling rig

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About Montviel

World Class REE Project in Quebec​

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Contact

Geomega Resources Inc. Corporate Office
75 boulevard de Mortagne
Boucherville, QC, J4B 6Y4
Tel: 450-641-5119
For investor relations inquiries, please contact:
Kiril Mugerman (President & CEO)
kmugerman@geomega.ca
Tel: 450-641-5119

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