STRANGE LAKE RARE EARTHS PROJECT
A highly strategic asset
The Strange Lake project is located in Nunavik (northern Quebec). It aims to supply sustainably and responsibly produced heavy and light rare earth elements in support of the global energy transition.
At Torngat Metals, we firmly believe that our project could serve as a catalyst for regional economic development and enable Canada to overcome the rare earth supply deficit and become a green technology hub.
Three project components
- Mine site and concentration plant
Nunavik (Quebec, Canada)
The site has extensive deposits of light and heavy rare earths, essential to producing high-performance permanent magnets. Learn more
- Seasonal access road and port
Leading from the mine to Voisey’s Bay (Labrador, Canada)
Stretching for nearly 180 km, the single-lane access road will be used to transport ore to a port facility on the east coast of Labrador. It will then be transported by ship to Sept-Îles. Learn more
- Rare earth separation plant
Sept-Îles (Quebec, Canada)
A separation and processing plant will produce 15,500 tonnes of rare earths each year. Learn more
Key project stages
Development
Working closely with leading engineering and metallurgy partners, our experienced professional teams will develop a state-of-the-art rare earth extraction project designed to minimize environmental impacts.
Studies
Our goal is to complete our pre-feasibility and feasibility studies in 2025, together with the environmental impact study that will be submitted to the Governments of Canada, Newfoundland/Labrador and Quebec.
The construction phase is expected to start in late 2026, with operations slated to begin in 2028-2029.
Consultations
We are engaged in ongoing dialogue with local communities to learn more about their expectations with a view to developing a project that will benefit all stakeholders.
Learn more about our engagement with local communities.
Strategic investor and partner
Cerberus Capital Management, an alternative investment pioneer with nearly $60 billion in assets, is our lead investor.
The $50 million in support provided by Cerberus – the largest single rare earths investment in Canada, is characterized by its long-term horizon. This will enable us to move forward with our initiatives in all aspects of the project.