GéoMégA, which owns 100% of both the Montviel lanthanides/niobium project and the Anik gold exploration project, is a mineral exploration and development company focused on the discovery and sustainable development of economic deposits in Québec. GéoMégA is committed to meeting Canadian mining industry standards and distinguishing itself with its innovative engineering, stakeholder’s engagement and its dedication to local transformation benefits.
“As society emerges from fossil energy to a more efficient and sustainable source, GéoMégA believes that the future of clean energy resides in the lanthanide called neodymium. Neodymium is 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.
Furthermore, to develop such neodymium deposits, GéoMégA believes it makes much more investment sense to have internal rare earth processing technology and in that way avoiding sending off your concentrate to companies in China for poor returns and no global supply advantage.”
Kiril Mugerman, President and CEO, director