VIDEO — GeoMegA’s Kiril Mugerman: The Time to Invest in Rare Earths is Now
Georgia Williams- October 23rd, 2018 Excerpt:
”At this year’s Mines and Money Americas conference in Toronto, the Investing News Network had the chance to talk to Kiril Mugerman, president and CEO of GeoMegA Resources (TSXV:GMA), a rare earths-focused company that has created a unique way of recovering rare earths through recycling.”
”Based in Quebec, GeoMegA is positioning itself as rare earth oxide producer able to supply materials integral to the high-strength magnets used in wind turbines, electric vehicles and refrigeration systems.”
”The recycling process created by GeoMegA harnesses the small amounts of rare earths left over in the manufacturing process, which means fewer new materials need to be mined.”
“They produce waste and we can process that waste,” said Mugerman. “And then the magnet goes through its lifetime and gets recycled.”
”Using waste from production reuses valuable materials, and has created an environmentally friendly way to produce rare earths.” https://investingnews.com/daily/resource-investing/critical-metals-investing/rare-earth-investing/geomega-kiril-mugerman-invest-rare-earths/
