Geomega

Geomega develops innovative technologies for extraction and separation of rare earth elements and other critical metals essential for a sustainable future. With a focus on renewable energies, vehicle electrification, automation and reduction in energy usage, rare earth magnets or neo-magnets (NdFeB) are at the center of all these technologies. Geomega’s strategy revolves around gradually de-risking our innovative technology and delivering cashflow, increase margins and return value to shareholders while working directly with the main players in these industries to recycle the magnets that power all those technologies. As our technologies are demonstrated on larger scales, Geomega is committed to work with major partners to help extract value from mining feeds, tailings and other industrial residues which contain rare earths and other critical metals. Irrespective of the metal or the source, Geomega adopts a consistent approach to reduce the environmental impact and to contribute to lowering greenhouse gases emissions through recycling the major reagents in the process. Geomega’s core project is based around the ISR Technology (Innord’s Separation of Rare Earths), a proprietary, low-cost, environmentally friendly way to tap into a C$1.5 billion global market to recycle magnet production waste and end of life magnets profitably & safely. Geomega continually evaluates other opportunities to apply its ISR Technology to other critical metals and other feed materials from various industries from all over the world. Geomega conducts all its R&D activities through Innord, a wholly owned private subsidiary and its innovation arm at the National Research Council of Canada (CNRC) facilities in Bouchverville, Quebec and is developing the first rare earth recycling facility in Saint-Bruno-de-Montarville. Geomega also owns 100% of the Montviel rare earth and niobium deposit, located in Quebec with the largest 43-101 bastnaesite resource in Canada, permanent access and excellent infrastructure.