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Innord Develops Bauxite Residues Process Using Its Environmentally Friendly Technology

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“We are thrilled to be working on such an important environmental global challenge. Aluminum, the most produced non-ferrous metal in the world, is a key material of the 21st century for such major industries as transportation, aviation, construction and many other sectors. In the environmentally conscious world we now live in, local environmental regulations and social acceptability dictate that now is the time to find a solution to BR storage. There is a tremendous economic potential benefit as well, as every tonne of BR contains between USD $80 and USD $120 worth of critical and strategic metals that are becoming imperative to recover. We believe that Innord’s technology is well positioned to offer economic and environmentally innovative solutions to sustainability challenges. We look forward to continue advancing the technology towards larger scale testing.” commented Kiril Mugerman, President and CEO of Geomega.

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GCFF Fact Sheet

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Innord是当地一家环保创新型的稀土元素回收和精炼企业,由Geomega全资拥有,专注于对“ISR”技术进行推广
Geomega owns 100% Innord, the innovation arm focused on scaling up “ISR”, a local, environmentally friendly REE recycling and refining technology

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Geomega CEO Featured In The Financial Post

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“The (mining) project is not forgotten, it’s still within the company,” said Mugerman, “but today to bring it to value is very hard. It’s a very high risk for a company to begin committing hundreds of millions of dollars when you don’t control your destiny — if the price goes up, China can still bring it down.”

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INNORD “ISR” REE SEPARATION TECHNOLOGY

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To demonstrate and de-risk our technology for the mining scale, we are currently working with the permanent magnet industry to process their waste.

First, our process to adjust the magnets and separates rare earths from iron. That residues is then reprocessed to separate irons from valuables, such as cobalt. The mixed rare earths PLS is further processed to separate one rare earth at a time to 99% plus purity. Once all the rare earths are separated, the reagent is recovered to restart the process.

Once demonstrated on a small commercial scale with magnetic residues, innord’s modular technology can then be easily applied to a mining operation. This technology has the potential to significantly reduce the environmental footprint of rare earth mining to reduce the current cost of rare earth separation and to ultimately bring rare earth production back to North America.

We are Geomega. We offer a clean, innovative solution to rare earth separation without any organic solvents. Our scale-up model is based on recycling and gradually increasing the capacity with the mining scale while generating cash flows. Our approach substantially lowers the capital and the market risk while de-risking the technology.