Geomega Resources Inc.
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in mil. unless spec.Company Description
- CEO
- Kiril Mugerman
- Full Time Employees
- 19
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 75, de Mortagne Boulevard Boucherville QC Canada J4B 6Y4
- IPO Date
- Sep 21, 2010
- Website
- geomega.ca
- Similar Companies
- Business
- Geomega Resources Inc. is a Canadian company specializing in the development and licensing of innovative closed-loop hydrometallurgical processes for the extraction and recycling of rare earth elements (REE) and other critical and strategic metals. The company’s core products and services include chemical reagent recycling technologies that capture and purify reagents for reuse, critical metal extraction and refining from complex feeds such as rare earth magnet recycling, bauxite residues, and mineral ores including bastnaesite from their Montviel rare earth project. Geomega’s technology platform also focuses on minimizing effluents and reducing carbon dioxide emissions, supporting sustainable metal extraction from both primary and secondary resources. Geomega operates primarily in Canada with a focus on advanced hydrometallurgical solutions that support the sustainable development of critical metal supply chains. The company’s main business segments include rare earth magnet recycling, bauxite residue valorization, and mineral exploration and processing of rare earth and other critical metals. Geomega targets industrial clients and partners, including major mining companies and government bodies, aiming to commercialize these technologies through licensing agreements, pilot plants, and demonstration projects. Recent major developments include securing $2.7 million from the exercise of warrants to support ongoing projects, advancing the commissioning of a rare earth recycling demonstration plant, and extended collaboration agreements with Rio Tinto on bauxite residue valorization. In 2025, Geomega showed progress in site preparation and pilot plant initiatives, with additional funding from entities like the Canadian government and NGen to enhance sustainable resource recovery technologies. The company is also expanding its licensing strategy to convert pilot clients to commercial licensees, aiming to generate recurring revenues by 2026. Recent strategic milestones include a brand refresh, further feasibility studies, and continued governmental and industry partnerships to expand the scale and scope of its technology deployment. Founded in 2009 and headquartered in Montreal, Quebec, Geomega Resources Inc. operates through its proprietary patented technologies applied to multiple environmental and industrial waste streams. Its efforts are aimed at unlocking value from mining waste and secondary raw materials while aligning with global sustainability goals. The company maintains a focus on technology development, project commercialization, and strategic collaborations to strengthen the supply chain of rare earths and other critical metals essential for clean energy and high-tech applications. Overall, Geomega Resources Inc. combines mineral exploration and technology innovation with sustainable metal processing solutions to deliver advanced hydrometallurgical extraction and recycling technologies, supported by recent funding rounds, strategic partnerships, and pilot plant progress in rare earth magnet recycling and bauxite residue valorization.
Company News
Geomega obtient un financement non dilutif de 1,35 M$
Geomega Announces $1.35 Million Non-Dilutive Loan Financing
Mise à jour corporative de Géoméga
Geomega Corporate Update
Géoméga obtient son permis environnemental et fait progresser ses projets stratégiques de démonstration
Geomega Obtains Environmental Permit and Advances Strategic Demonstration Projects
THE Mining Investment Event Announces 2026 Issuers and Welcomes New and Returning Partners
Geomega Provides Magnet Recycling Demo Plant Update
Géoméga présente une mise à jour de son usine de démonstration de recyclage d'aimants
Géoméga accélère sa croissance grâce à un nouveau complexe intégré de R&D et d'essais pilotes, soutenu par une contribution fédérale de 750 000 $
Geomega Accelerates Growth with New Integrated R&D and Piloting Facility Supported by $750,000 Federal Contribution
Dow slips into the red while Nasdaq flounders again
Geomega Receives $2.7M from Exercise of Warrants and Provides Update on Bauxite Residue Opportunity
Géoméga reçoit 2,7 M$ provenant de l'exercice de bons de souscription et fait le point sur les opportunités liées aux résidus de bauxite
Geomega and Rio Tinto Sign a Joint Development Agreement and Demo License on Bauxite Residue Valorization Technology
Geomega Resources Inc. Provides Corporate Update
Geomega provides update on Montviel hydrometallurgical process developments
Geomega provides update on rare earth magnet recycling demonstration plant
Geomega and Rio Tinto provide update on bauxite residue valorization pilot
Geomega Announces Annual Meeting Results and Grants Equity Awards