Torngat Metals and Carester sign landmark agreement to advance responsible rare earth production and strengthen supply chain
MONTREAL, QC, CANADA – October 31, 2025— Torngat Metals, a Quebec-based rare earth development company, and Carester, a European leader in separation and recycling technologies, have signed a ten-year offtake agreement under which Torngat Metals will supply Carester’s subsidiary Caremag, which operates a rare earth recycling and separation plant currently being built in Lacq, Pyrénées-Atlantiques, […]
Torngat Metals Is Proud to Appoint Maryse Bélanger as Chair of its Board of Directors
MONTREAL, QC, CANADA – October 28, 2025 – Torngat Metals, a Quebec-based rare earths development company, today announced the appointment of Maryse Bélanger as Chair of its Board of Directors. Ms. Bélanger, a highly recognized mining executive with extensive board experience, joined the Torngat Metals Board in July 2025. “We are delighted to welcome Maryse […]
Torngat Metals confirms its intention to establish its plant in Pointe-Noire and files a new project notice
MONTREAL, QC, CANADA – August 27, 2025— Torngat Metals, a Quebec-based rare earths development company, confirms its intention to establish its rare earth separation plant in the Pointe-Noire industrial sector of Sept-Îles and that it has filed a new project notice with Quebec’s Department of the Environment, the Fight Against Climate Change, Wildlife and Parks […]
Torngat Metals and Vacuumschmelze Announce Strategic Partnershipto Strengthen Rare Earth Supply Chain
MONTREAL, QC, CANADA – August 26, 2025— Torngat Metals, a Quebec-based rare earths development company, and Vacuumschmelze (VAC), a global leader in the production of rare earth permanent magnets, have signed a non-binding Memorandum of Understanding (MOU) to pursue an offtake agreement for Torngat Metals to supply VAC with long-term security of fully traceable and […]
Torngat Metals secures $165 million in financing from Export Development Canada and Canada Infrastructure Bank
MONTREAL, QC, CANADA – June 17, 2025—Torngat Metals Ltd., a Quebec-based rare earth development company, is pleased to announce the signing of a CA$110 million bridge loan facility agreement with Export Development Canada (“EDC”), and a loan commitment of up to CA$55 million from the Canada Infrastructure Bank (“CIB”), to support the next phase of […]
Torngat Metals Strengthens Leadership Team with Key Executive Appointments Yves Leduc Named CEO and Olga Kovalik Appointed as COO
MONTREAL, QC, CANADA – March 26, 2025 – Torngat Metals Ltd., a Quebec-based rare earth development company, is entering a pivotal phase in its evolution as it accelerates its ambition to become Canada’s first producer of heavy and light rare earth oxides, and one of the world’s large-scale producers of heavy rare earth elements. To […]
Public information sessions on the Strange Lake Rare Earth Project, a forward-looking clean energy project for Sept-Îles and the Côte-Nord
The Torngat Metals team invites the people of Sept-Îles to attend its first round of public information exchanges to discuss its proposal to build a rare earth separation plant in Sept-Îles. Rare earth are critical minerals for the development of clean energy technologies. In particular, rare earth are used in the manufacture of permanent magnets […]
C.D. Howe Institute—Mission Critical: Securing a North American Rare Earth Supply Change
Torngat Metals is pleased to sponsor this C.D. Howe Institute Roundtable, taking place alongside PDAC 2024, to discuss the critical need to secure a North American supply chain for rare earths. Panelists include John Gallagher, Managing Director at Cerberus Capital Management and member of the Torngat Metal Board of Directors. Also on this panel are Abigail Hunter, […]
Torngat Metals Ltd. Celebrates a Pivotal Year for the Strange Lake Rare Earth Project
Achievement of Key Milestones and Objectives Across All Aspects of the Project MONTRÉAL–(BUSINESS WIRE)–Torngat Metals Ltd., a rare earths development company, announces milestone achievements in a pivotal year for the Strange Lake project recognized for its significant quantities of light and heavy rare earths, especially dysprosium and terbium. The proposed project will develop high-purity rare-earth […]
November 7th – Inuit Day
November 7 of each year is Inuit Day in Canada, Alaska USA, Greenland and Chukotka (Russia)! The Inuit Circumpolar Council (ICC) is an Indigenous Peoples’ Organization (IPO), founded in 1977 to promote and celebrate the unity of 180,000 Inuit across the globe. A global organization with a noble cause. Learn more here: https://www.inuitcircumpolar.com/…/november-7th-inuit-day/