From GlobeNewswire: 2025-06-04 07:30:00

Geomega Resources Inc. provides an update on the construction of the rare earth magnet recycling plant in Saint-Hubert, Quebec. Significant progress has been made in procurement, equipment installation, and electrical work. The plant construction is expected to be completed by the end of 2025, with testwork to follow. The company is gearing up for production of recycled rare earth oxides. Geomega will participate in the 2025 REIA Annual Conference in Montreal and host a site visit to the demonstration plant in Quebec. Geomega develops technologies for rare earth extraction and works on waste valorization. Their strategy aims to de-risk technology, deliver cashflow, and collaborate with industry partners. Geomega also owns the Montviel rare earth carbonatite deposit and holds shares in Kintavar Exploration Inc.



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