INNORD INC. – REE SEPARATION
“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)
Innord Inc. (the Company) is the innovation arm of GéoMégA and was created in March 2015 to optimize the value of the separation technology by facilitating its development through direct investments of key financial partners. Innord is a wholly owned private subsidiary of GéoMégA that holds all the separation rights and laboratory equipment previously held by GéoMégA. The primary goal of Innord is to successfully scale-up its proprietary physical separation process. Looking towards the future, all research and development initiatives of GéoMégA will be conducted by Innord.