What Sets Us Apart?
It's the heavy, and light, rare earths
In the critical materials industry, the Strange Lake Rare Earth Project stands out. It will not only be able to competitively meet the growing demand for rare earth elements, but will also be able to supply both light (Nd Pr) and heavy (Dy Tb) rare earth elements in the permanent magnets needed for the electric revolution and low-carbon industries. Once in operation, the project would be one of the world’s important suppliers of dysprosium outside China.
This, combined with our pursuit of best-in-class sustainable operations and top IESG credentials, represents a unique value proposition that stands out among peers.
Unique Features
Globally significant market
A strategic asset positioning Eastern Canada and North America as a powerhouse in the permanent magnet supply chain
An integrated source in a top-tier mining jurisdiction
Our unique geology offers a full suite of light and heavy permanent magnet rare earths elements, not typically found in sufficient quantities in one project
IESG partnership and leadership
Committed to delivering excellence in responsible mining based on mutually beneficial collaboration with Indigenous and all communities
Fully funded to Bankable Feasibility Study
Backed by US$ 50 million from cornerstone investor Cerberus Capital with long-term investment horizon
Proven and efficient processing
Detailed geological model enabling selective mining and advanced ore sorting for lowered environmental impact and significant efficiencies
De-risked and advancing development
Cost-competitive process with low capital and operating costs, leveraging innovation and best-in-class clean technology by partnering with experts in rare earth engineering
Deep technical and strategic expertise
Supported by a world-class team of technical and strategic advisors, and renowned experts, spanning all phases and dimensions of the project
News & media
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
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
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