About Us
Founded in 2018, Torngat Metals is a privately held Canadian company that aims to become the most responsible and innovative supplier of rare earth elements that are responsibly, traceably and safely produced.
To reach that goal, Torngat Metals is focused on developing the Strange Lake project in northern Quebec, which has globally important deposits of rare earth elements.
In addition to being key components of permanent magnets, rare earth metals play a pivotal role in the transition to electrification and the low-carbon economy.
OUR VISION
To be the most reliable and innovative supplier of responsibly produced heavy and light rare earth elements, which are required to produce high-performance permanent magnets essential to climate change mitigation efforts.
OUR MISSION
To build a positive legacy with multi-generational benefits while mining and producing dysprosium and other rare earth oxides safely and inclusively.
We deliver our strategy by integrating Indigenous and community partners in the project’s design, operations, and environmental stewardship while optimizing financial returns for our stakeholders.
OUR RESPONSIBLE APPROACH TO RARE EARTHS
- Provide leadership in the areas of IESG (Indigenous, Environmental, Social and Governance).
- Adopt an early engagement and active listening approach encompassing all stakeholders.
- Develop partnerships with Indigenous communities.
- Generate long-term benefits for all communities.
- Promote low-impact technology and engineering at the global level.
- Bring solid financial partners on board.
- Adhere to provincial and federal strategies for essential minerals, electrification and the green economy.