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Geomega Resources Inc V.GMA

Alternate Symbol(s):  GOMRF

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

Bullboard Posts
Post by Mouloukon Mar 18, 2015 1:58pm
116 Views
Post# 23534688

Lifton article

Lifton article
Short abstract form today's Lifton article on Molycorp:

"Looking at the rare earths markets right now there is a growing global demand (almost entirely inside of China for the moment) for rare earth metals used in permanent magnets, lasers, and high strength alloys of magnesium and aluminum. Thus today it is “obvious’ that a deposit containing both neodymium and the heavy rare earths is the “ideal” for development. I believe that if Molycorp came to the market today as a junior it would not be funded."

Moulouk
Bullboard Posts