Workflow
Geomega provides update on rare earth magnet recycling demonstration plant
Globenewswireยท2025-06-04 11:30

Core Viewpoint - Geomega Resources Inc. is making significant progress in the construction of its rare earth magnet recycling plant in Saint-Hubert, Quebec, with completion expected by the end of 2025 [1][5]. Group 1: Construction Progress - Procurement of long lead items is complete, and most equipment has been delivered, with two main reactors expected to ship in June [2] - The engineering team is finalizing plant instrumentation and valves, with orders expected in the coming months [3] - All received process equipment has been assembled and is being leveled and anchored, while electrical cable installation is ongoing [4] Group 2: Environmental and Operational Readiness - An environmental permitting request has been submitted and is under review, with test work expected to begin upon approval [5] - The company is preparing startup and commissioning procedures in parallel with equipment installation [3][6] Group 3: Industry Engagement - Geomega will participate in the 2025 Rare Earth Industry Association Annual Conference from June 17 to 19, hosting a site visit to the demonstration plant [7][8] Group 4: Company Overview - Geomega develops innovative technologies for the extraction and separation of rare earth elements and critical metals, focusing on waste valorization [9] - The company owns the Montviel rare earth carbonatite deposit, the largest bastnaesite resource estimate in North America [11]