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
We aim to be the most reliable and most innovative supplier of responsibly produced heavy and light rare earth elements, which are required for the production of high-performance permanent magnets and are essential to climate change adaptation efforts.
OUR MISSION
We hope to leave a positive legacy benefiting multiple generations. We will reach this goal by extracting and producing dysprosium and other rare earth oxides safely, inclusively and responsibly.
Our strategy will be put into practice by bringing in Indigenous and community partners during all project stages, from design and operation to environmental management, while also 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.