TSX-V-listed Geomega Resources has selected an industrial site in Saint-Bruno-de-Montarville (St Bruno), in Canada, as the location for its rare earth magnets recycling demonstration plant using its proprietary in-situ recovery technology and has signed a long-term lease. The construction of the industrial complex was completed at the end of 2019 with final detail work currently ongoing. The location also provides space for the demonstration plant and for future expansions, which was an important selection criterion for the company.
