Interesting read today from the Canadian Parlament site. Why heavy rare earths? Heavy rare earths are essential for the green technologies that we use on a daily basis, such as hybrid and electric cars. In 2011, after assessing over 400 other rare earths projects around the world, TTC, through its subsidiary TRECan, chose our project because it could meet Toyota's demand for dysprosium. That rare earth, and a light rare earth called neodymium, are essential for the production of permanent magnets, which are key components in cars with electric engines.
parl.gc.ca type in Matamec. President of Matamec Gauthier.