REE in the News

Learn more about GEOMEGA and “circularity”.

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“At every stage from the day that you produce oxide and send that to the metal manufacturer, the metal manufacturer produces waste. That waste goes back to us. The metal then goes to the magnet manufacturer who makes those special shapes for the different motors and that produces more waste. That waste goes back to us. Then the final product goes to the manufacturer, whether it’s cellphones, wind turbines, or electric motors. And then there is disposal. At the end of the disposal stage, there is still a collection and that collection point is missing today because nobody is there to buy the magnet waste. We are the first ones to do it and that’s why we are going to set up this full closed-cycle within North America and pretty much everywhere outside of China…” Mr. Kiril Mugerman.

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“CIRCULAR ECONOMY” KIRIL MUGERMAN, $GMA

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“People are starting to talk about it. We started talking about it five years ago! Today, we are slowly starting to see the US government, the Canadian government, and the European Union all waking up to the reality that you do need to go after the circular economy behind rare earth elements.” Kiril Mugerman, November […]

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GeoMegA in the Northern Miner, 2019

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Geomega Resources (TSXV: GMA) plans to put Canada on the map as a producer of rare earth elements (REE) — not by building a mine, although it hopes to do that one day too — but by initially recycling them from the permanent magnet industry with a technology developed by its privately controlled subsidiary, Innord. Geomega claims Innord’s in-situ recovery (ISR) technology, which has been developed over the last five years, can separate and extract rare earth oxides from the waste left over from the manufacturing of permanent magnets as well as from permanent magnets in motors used in wind turbines and electric vehicles that have reached the end of their lives. It can then sell the rare earth oxides it extracts to end users. “Rare earth magnets are the future of the rare earth industry, and developing the recycling of permanent magnets and permanent magnet residues is just as important as developing new mines,” says Kiril Mugerman, , president and CEO of Geomega and Innord.

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Kiril Mugerman, GeoMegA Resources: The Time to Invest in Rare Earths is Now. October, 2018.

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“We started developing the technology from very small scale. You need to be careful — it’s a difficult task. Separating earth elements is one of the most complex chemical processes in the world. Our idea was that we will have our own technology and that will help us to build a mine. The leverage really came when we started developing this technology. We decided that we didn’t want to have a black box where nobody knows how it works and we need to raise hundreds of millions of dollars to build a mine. Instead, we started going towards proving that our technology works by processing existing feeds. The best existing feed is an industrial residue, which is coming from the main application of rare earths — permanent magnets.

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INNORD “ISR” REE SEPARATION TECHNOLOGY

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To demonstrate and de-risk our technology for the mining scale, we are currently working with the permanent magnet industry to process their waste.

First, our process to adjust the magnets and separates rare earths from iron. That residues is then reprocessed to separate irons from valuables, such as cobalt. The mixed rare earths PLS is further processed to separate one rare earth at a time to 99% plus purity. Once all the rare earths are separated, the reagent is recovered to restart the process.

Once demonstrated on a small commercial scale with magnetic residues, innord’s modular technology can then be easily applied to a mining operation. This technology has the potential to significantly reduce the environmental footprint of rare earth mining to reduce the current cost of rare earth separation and to ultimately bring rare earth production back to North America.

We are Geomega. We offer a clean, innovative solution to rare earth separation without any organic solvents. Our scale-up model is based on recycling and gradually increasing the capacity with the mining scale while generating cash flows. Our approach substantially lowers the capital and the market risk while de-risking the technology.

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Nexolia continues to invest in the Lebel-Sur-Quevillon region.

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Nexolia, Geomega’s largest shareholder, is acquiring the Lebel-sur-Quevillon Pulp Mill and Sawmill Assets from Fortress Paper for $15.36 million. As part of the acquisition, in addition to the Pulp Mill and Sawmill, Nexolia obtains the energy generation, connection and transmission plant and related equipment, located in Lebel-sur-Quévillon, Québec.   Further details of the press release […]

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PDAC 2016

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Another article from Industrial Minerals. PDAC 2016: Juniors trial different business models to tempt investors By Kasia Patel  Published: Friday, 11 March 2016 With investors more risk averse than ever, particularly with regards to the extraction industry, junior companies are turning to shortcuts in technology and planning in order to make it to the finish line. This year’s Prospectors and Developers […]

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PDAC 2016: Working around the rare earths mountain

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By Kasia Patel Published: Wednesday, 09 March 2016 Rare earths junior GeoMega is working on securing end users and perfecting its rare earths separation technology to ensure that it retains a comfortable cash position once feasibility studies are completed and it begins to move towards production.   The lack of financing for new mining projects […]

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CEO Simon Britt interviewed by InvestorIntel on positive hydrometallurgical results and high recoveries of REE and Nb.

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In a special InvestorIntel interview, Publisher Tracy Weslosky speaks with Simon Britt, President and CEO of GeoMegA Resources Inc. (TSXV: GMA) about the recent positive hydrometallurgical results and their high recoveries of rare earth elements (“REE”) and niobium. They further discuss the quality of work completed to achieve these hydrometallurgical results and their focus on […]

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April 28, 2015 – Ryan Castilloux’s State of the REE Market Address

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“In March 2015 the company spun out its separation rights and lab equipment into a company called Innord Inc., which I think is a smart move as it allows strategic partners to invest in specific activities under the GéoMégA umbrella.” – Ryan Castilloux, Adamas Intelligence. Read the entire interview here. http://www.theaureport.com/pub/na/ryan-castillouxs-state-of-the-ree-market-address