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Geomega Resources Inc GOMRF


Primary Symbol: V.GMA

Geomega Resources Inc. is a mineral exploration and evaluation company focused on the discovery and sustainable development of economic deposits of metals in Quebec. The Company is a developer of clean technologies for the mining, refining, and recycling of rare earths and other critical materials. Through its wholly owned subsidiary Innord Inc. (Innord), the Company is developing innovative technologies for extraction and separation of rare earth elements and other critical and strategic metals from its mining properties and other mining and industrial waste in an environmentally sustainable way. 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. The two most advanced projects for the Company are the rare earth magnet recycling and bauxite residue processing and vaporization. It also owns the Montviel rare earth carbonatite deposit.


TSXV:GMA - Post by User

Post by outonthetileson May 25, 2021 8:11am
159 Views
Post# 33258712

News

News

https://www.stockwatch.com/News/Item/Z-C!GMA-3086306/C/GMA 

“There is a tremendous economic potential benefit as well, as every tonne of BR contains between USD $80 and USD $120 worth of critical and strategic metals that are becoming imperative to recover. We believe that Innord’s technology is well positioned to offer economic and environmentally innovative solutions to sustainability challenges. We look forward to continue advancing the technology towards larger scale testing,” commented Kiril Mugerman, President and CEO of Geomega.

 
“We are thrilled to be working on such an important environmental global challenge. Aluminum, the most produced non-ferrous metal in the world, is a key material of the 21 st century for such major industries as transportation, aviation, construction and many other sectors. In the environmentally conscious world we now live in, local environmental regulations and social acceptability dictate that now is the time to find a solution to BR storage. There is a tremendous economic potential benefit as well, as every tonne of BR contains between USD $80 and USD $120 worth of critical and strategic metals that are becoming imperative to recover. We believe that Innord’s technology is well positioned to offer economic and environmentally innovative solutions to sustainability challenges. We look forward to continue advancing the technology towards larger scale testing,” commented Kiril Mugerman, President and CEO of Geomega.
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