MONTREAL – Geomega Resources Inc., a rare earths clean technologies developer for mining and recycling, has retrofitted its pilot plant and has begun the production of hand sanitizer for the Québec market.
The Rare Earth Pilot Plant facility, located at the National Research Council (“NRC“) in Boucherville, Quebec will be temporarily devoted to sanitizer production.
The company has obtained the natural product number (“NPN”) and all the approvals from Health Canada in order to manufacture and distribute hand sanitizer using the WHO-recommended formulation.
“Geomega’s chemical processing team has proven once again its skill to utilize its expertise with evolving market conditions. I am proud of our team that shows flexibility, motivation and creativity, especially during a difficult situation like we see globally today,” said Kiril Mugerman, Geomega’s president and CEO.
Geomega is able to produce up to 675 litres per week. However, thanks to a shortage of raw ingredients, production capabilities will depend on their availability from local distributors.
The company plants to focus on distributing its hand sanitizer product to local retirement homes, hospitals, pharmacies and distributors in Québec.
It will donate 20 percent of its hand-sanitizer production to local long-term care homes and other charities.
Modifications to the pilot plant will not impede the progress of building the much larger demonstration plant located in nearby St. Bruno, Quebec. Geomega secured project debt financing of $1.72M from the Quebec government in February, which has provided funding to complete construction of the Demonstration Plant.
Based in Boucherville and St-Bruno, Quebec, Geomega Resources has developed a proprietary, environmentally friendly that recycles rare earth elements with focus on the permanent magnet industry and produces four high demand, high price, rare earth elements, specifically neodymium, praseodymium, terbium and dysprosium. The company plans to become Canada’s first rare earth oxide producer, using recycled magnet waste, making Canada one of the few countries outside of Asia to be able to do so.