Geomega Resources has created Innord, a wholly owned private subsidiary, and has transfered its separation rights and laboratory equipment. All current and future research and development initiatives of the company will now go through Innord, starting with the scale-up of its proprietary physical separation process. “The goal of Innord, the innovation arm of GéoMégA, is to optimize the value of the separation process by facilitating its development through direct investments of key financial partners.” comments Simon Britt, President and CEO of GéoMégA.
Pursuant to the January 14, 2015 news release, the company completed the installation and calibration of its customised reactor. Batch process (up to 1 kg) with Montviel ore has started. The rare earth elements (REE) concentrate produced based on the Montviel flowsheet will solidify the REE recovery numbers and provide sufficient quantities for separation and quality certification testing.
Based on free flow electrophoresis technology, GéoMégA’s physical separation process has the potential to reduce the capital required to build separation facilities compared to conventional techniques (i.e. fractional precipitation, ion exchange and SX), optimise REE recovery and improve the environmental performance of operations. Electrophoresis is the migration of charged species (ions, proteins, particles) in solution in the presence of an electric field.
Montviel, located approximately 100 km north of Lebel-sur-Quévillon, Quebec benefits from permanent access, public infrastructure and skilled labour in the immediate project area. The initial NI 43-101 resource estimate published in September 2011 identified (base case) 445,958 t of neodymium oxide in the Indicated category and 160,347 t of neodymium oxide in the Inferred category.