News Releases

Geomega adds Hatch to its Engineering team for the rare earth magnet recycling demonstration plant in St-Bruno, Quebec

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“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.

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2019-11 MODEL EN FRANCAIS

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«Voici un bref résumé… Ce que nous allons traiter, ce sont 1,5 tonne de déchets magnétiques par jour. Qu’est-ce que les déchets magnétiques? Ils sont produits par le broyage des aimants jusqu’à leur forme finale et, aussi, le matériau de fin de vie. Tout fonctionne à 30% d’éléments de terres rares… ces quatre éléments: NdPrDyTb. Je n’ai à gérer aucun des éléments bon marché, comme le lanthane et le cérium. »

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“Montviel” Rare Earth Deposit in Quebec

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The neodymium metal goes into magnet, and the magnet goes into motors — that’s the main driver of this entire sector. If we go about what GeoMegA is today, then we have a rare-earth processing technology developed by our private subsidiary INNORD and we also have Montviel, which is a 43-101 large resource of a carbonatite-bastnasite. It is the largest in Canada.