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Be the first with the news that moves the market- Geomega Resources (GMA) is receiving $3 million in funding from the Technoclimat Program for the construction of a magnet recycling demonstration plant
- The funding is from the Technoclimat Program, administered by the Ministry of the Environment and the Fight Against Climate Change, Wildlife and Parks (MELCCFP)
- Kiril Mugerman, President & CEO of Geomega, sat down with Shoran Devi to discuss the initiative
- Geomega develops innovative technologies for the extraction and separation of rare earth elements and other critical metals essential for a sustainable future
- Geomega Resources Inc. (GMA) opened trading at $0.205 per share
Geomega Resources (GMA) is receiving $3 million in funding from the Quebec government.
The funding is coming from the Technoclimat Program, administered by the Ministry of the Environment and the Fight Against Climate Change, Wildlife and Parks (MELCCFP).
The $3 million funding will be directed toward the construction of a magnet recycling demonstration plant.
Kiril Mugerman, President & CEO of Geomega, sat down with Shoran Devi to discuss the initiative.
“We are very grateful to the Quebec Government for their support of our project. The Government’s commitment to green energy, electrification and decarbonization is unwavering. Furthermore, the Quebec Government understands that to achieve these goals, investment in innovation is crucial. Developing new technologies that will make the future environmentally sustainable while remaining competitive with legacy technologies is challenging but the continuous support from the Government over the last few years has allowed our team to achieve that. As we continue with procurement of equipment and approach the construction phase, we get a step closer to bringing the rare earths industry to Quebec.”
Geomega develops innovative technologies for the extraction and separation of rare earth elements and other critical metals essential for a sustainable future.
Geomega Resources Inc. (GMA) opened trading at $0.205 per share.
