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Geomega Announces Funding from SDTC, Quebec and Rio Tinto for a $4M Pilot Plant and Feasibility Study of Sustainable & Complete Valorization of Bauxite Residues

Globe Newswire - Thu Mar 31, 2022

MONTREAL, March 31, 2022 (GLOBE NEWSWIRE) -- Geomega Resources Inc. (“Geomega” or the “Corporation”) (TSX.V: GMA) (OTC: GOMRF), a developer of clean technologies for the mining, refining, and recycling of rare earths and other critical materials, is pleased to announce that Innord Inc., its wholly owned subsidiary, has been awarded a $1.5M funding from Sustainable Development Technology Canada (SDTC) towards the construction of a pilot plant and completion of a feasibility study using Innord’s technology which is designed for a sustainable & complete valorization of bauxite residues (BR) (the Project).

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