Lowering the risk when scaling up — that’s my main technological risk. Everybody knows that there is always a risk in scaling-up, but doing it in small steps is a big advantage. The ISR technology has been scaled-up. This is the final iteration of the pilot plant. Proprietary technology, environmentally safe, small footprint, low CAPEX, as I said. Why environmentally safe? Because the recovery of my main reagents is +95%. I don’t have liquid effluent coming out of my plant. It’s very important because I’ll show you where I’m developing my plant. Then, iron oxide — 70% of this is magnet is iron. When they recycle those magnets in China, usually the iron goes together with their waste hydrochloric acid into the tailings facility. Basically, it’s a red mud issue. We don’t want to be dealing with red muds, especially where I am outside Montreal.
Why are we doing all this? It’s the circular economy principle. Once we are doing this recycling, it closes the production cycle as Europe and North America are trying to do right now. I’ll finish by saying that rare earth prices are low, but that’s what drives demand and demand is positive for innovation and recycling. That’s where we are today in the rare earth cycle. Low capex, low opex, small footprint, clean process, and cash flow — these are the objectives of the company in the near future. Thank you very much.
“We are extremely pleased to have attracted an engineering group of Hatch caliber to work on the next stage of engineering together with Geomega’s team. Hatch has taken part in some of the most complex recent mining and processing projects in Canada and globally and is well suited to bring Geomega its technical and project delivery expertise to this demonstration plant project. With a strong engineering partner, government support and significant interest in the rare earth sector today globally, we are very excited to develop the first rare earths magnet recycling facility outside of Asia right here in Quebec, Canada. Other major milestones will be announced in the near future as we put forward our strategy to develop the rare earths magnet recycling facility in St Bruno, Quebec.” commented Kiril Mugerman, President & CEO of Geomega.
” don’t forget about swarf,” Adam Baylis, January 22nd 2020.
To close the loop in the circular economy, as they call it, you do need to recycle. Funny enough, they do recycle in China. They do recycle rare earth magnets in China and they are basically the leader in that. Nobody talks about it.”
Kiril Mugerman: We are recycling those magnets. When we receive them, what happens is that we crush them if we receive them as solids. Sometimes we receive them as powders already, which is crushed material. Then it goes into a reactor where a process happens. It’s a sequence of three reactors where basically a process goes from one to the next one to the next one and we get our final product. The closer it goes towards the end of the process, the more similar to a traditional process. The first stages are very different and innovative, and do not produce the same waste that are produced in traditional technologies today.
However, Quebec and Canada are light years away from having an integrated industry, says Kiril Mugerman, president and chief executive officer of Ressources Géoméga, an SME from Boucherville that owns the Montviel rare earth deposit. , in the Nord-du-Québec region.
“The sooner we produce oxides in North America, the faster we will attract companies capable of making alloys,” he insists.
Geomega owns 100% Innord, the innovation arm focused on scaling up “ISR”, a local, environmentally friendly REE recycling and refining technology
2020 Targeting initial production from the demonstration plant / 2020年的目标是使示范工厂初步投产
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Developed proprietary, environmentally friendly, “ISR Technology” that recycles waste from the permanent magnet industry and produces four high demand, high priced rare earth elements (HHREE – Nd, Pr, Tb, Dy)
” Most importantly is the access to major seaways with access to the Port of Montreal, 20 minutes, which is the largest container transhipment centre in the Great Lakes system – Saint Lawrence Seaway and a direct link to Europe and the East coast of the United States and the marine terminal in Contrecoeur which is only 30 minutes away. Furthermore, the region is served by Canadian National (CN) and Canadian Pacific (CP) railways. The region is already host to the Canadian Space Agency and several major international firms. “
“The construction of the industrial complex was completed at the end of 2019 with final detail work currently ongoing. The location provides space for the demonstration plant and for future expansions which was an important selection criteria for the Corporation. ” 2020-01-14 NEWS RELEASE
“With the joint action plan on critical minerals collaboration that was signed between United States and Canada on January 9, 2020 we are starting to see the first concrete steps by both countries in securing supply chains for the critical minerals needed for important manufacturing sectors, including communication technology, aerospace and defence, and clean technology. We envision that our demonstration plant in St-Bruno can become the center of Quebec’s rare earths hub that would bring these critical materials back to North America. We are now finalizing the details of the financing package for the demonstration plant and information will be provided shortly.” commented Kiril Mugerman, President & CEO of Geomega.
As described in our news release titled, “Geomega selects Saint-Bruno-de-Montarville in Quebec for the Rare Earths recycling demonstration plant”, we have announced the location for our rare earth magnets (REM) recycling demonstration plant using its proprietary ISR technology and signed a long term lease for an industrial site in Saint-Bruno-de-Montarville.
Look and learn about the location of “St-Bruno” in these images from Google Earth.
“We envision that our demonstration plant in St-Bruno can become the center of Quebec’s rare earths hub that would bring these critical materials back to North America. We are now finalizing the details of the financing package for the demonstration plant and information will be provided shortly.” commented Kiril Mugerman, President & CEO of Geomega.
Rod Hunt was commissioned by The Restart Project to illustrate Materials Matter, educational resources to learn about the materials inside our electronics and their significance. Through hands-on activity, we reveal hidden environmental impacts of mobile phones and other electronics.
Learn about GREENTEC, a Canadian electronic recycling company.
While there are already a couple of rare earth recycling enterprises in China with large capacities, albeit not environmentally benign, there is only one commercial magnet recycling company in the rest of the world with a competitive, environmentally benign concept.
That company is Geomega in Canada.
From all the rare earth companies I know, this is the only one who has a chance to turn out rare earths oxides in North America from 2020.
“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.
#China: Ganzhou deputy mayor, deputy directors of Mining Bureau, of Natural Resources Bureau and of Soil & Water Conservation Bureau punishedhttps://finance.sina.com.cn/china/gncj/2020-01-09/doc-iihnzahk3037739.shtml …
Collusion, false reports, fake data, waste dumping in supposed environmental cleanup of closed #RareEarths mines.
Today, Canada and the U.S. announced they have finalized the Canada–U.S. Joint Action Plan on Critical Minerals Collaboration, advancing our mutual interest in securing supply chains for the critical minerals needed for important manufacturing sectors, including communication technology, aerospace and defence, and clean technology. This announcement delivers on the June 2019 commitment by the Prime Minister of Canada and the President of the United States.
“Great to see US and Canada cooperating on #rareearths and critical materials. Time to make a change. #rareearths #recycling $GMA.V in North America”
Why Asia weaponized rare earths, soybeans and palm oil in 2019 Published DECEMBER 28, 2019. By RURIKA IMAHASHI and CK TAN, Nikkei staff writers. “Looking back on 2019,” said Yoshikazu Watanabe, president of Tsukushi Shigen Consul, a consultancy specializing in resources, “it was about weaponizing commodities.” Why Asia weaponized rare earths, soybeans and palm oil […]
“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 […]