Chemicals & MaterialsAug 11, 2026

Geomega Resources Inc.

Company Profile Analysis

Book Demo Subscribe Now

Geomega Resources Inc. - Chemicals & Materials showcase

Year Founded & Workforce

2007-12-31

Industry

Chemicals & Materials

Services

Geomega Resources Inc. Overview

Company Headquarters: Quebec, Canada

Founded: 2008

Workforce: ~NA

Company Working: Geomega Resources Inc. (Geomega) develops innovative recycling technologies to extract and separate rare earth elements and other critical metals essential for a sustainable future. Geomega is committed to working with major partners to help extract value from mining feeds, tailings, and other industrial residues which contain rare earth and other critical metals. Geomega conducts all its R&D activities through Innord, a wholly owned private subsidiary, and its innovation arm at the National Research Council of Canada (CNRC) facilities in Boucherville, Quebec. It is developing the first rare earth recycling facility in Saint-Bruno-de-Montarville. Geomega also owns 100% of the Montviel rare earth and niobium deposit, located in Quebec with the largest 43-101 bastnaesite resource in Canada, permanent access, and excellent infrastructure.

Strategy

Geomega’s strategy revolves around gradually de-risking its innovative technology and delivering cash flow, increasing margins, and return value to shareholders while working directly with the main players in these industries to recycle the magnets that power all those technologies. Geomega continually evaluates other opportunities to apply its ISR Technology to other critical metals and other feed materials from various industries from all over the world.

Company Snapshot

2007-12-31

Founded

Quebec, Canada

Headquarters

SWOT Analysis

Strengths

Heavy spending on R & D activities
Strong distribution channel

Weaknesses

Inability of certain suppliers to fulfill contractual requirements
Limited global presence

Opportunities

Global expansion
Acquisition of smaller companies

Threats

Increasing competition
Supply-related risks

Key Developments

Date	Approach	Development
May 2021	Agreement	Geomega Resources had announced that Innord, a wholly-owned subsidiary of Geomega resources, has developed a bench-scale process that is based on environmentally friendly technology to process bauxite residues. The company has also entered into an agreement with an industrial partner to extract rare earth elements, scandium, and other critical, valuable metals from this readily available material.
February 2021	Letter of Intent	Geomega Resources Inc. and Everwin Magnetics Co., Ltd (“Everwin”), a subsidiary of Forte Mobility Co., Ltd, had announced that they have entered into a Letter of Intent (LOI) to recycle rare earth-containing production waste from Everwin’s future production facilities in Ontario, Canada. Everwin is developing the first NdFeB magnet production facility in Canada that will go from machining to surface treatment and is targeting to start with approximately 300 tonnes of the annual production of rare earth magnets.
January 2021	Expansion	Geomega Resources Inc. had announced the successful completion of testing and optimization of its Rare Earths Pilot Plant (“Pilot Plant”), located at the National Research Council Canada facility in Boucherville, Quebec. This is the 2nd generation pilot plant after the completion of the mini pilot in April 2019.

Product Offering

Geomega Resources Inc.
- Rare Earth Metal Market

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD200/mo

About the Author

Wantstats Research Team

Wantstats' research desk profiles Geomega Resources Inc. as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

Powering the world's best teams.
From next-gen startups to established enterprises.

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Geomega Resources Inc.

Company Headquarters: Quebec, Canada Founded: 2008 Workforce: ~NA Company Working: Geomega Resources Inc. (Geomega) develops innovative recycling technologies to extract and separate rare earth elements and other critical metals essential for a sustainable future. Geomega is committed to working with major partners to help extract value from mining feeds, tailings, and other industrial residues which contain rare earth and other critical metals. Geomega conducts all its R&D activities through Innord, a wholly owned private subsidiary, and its innovation arm at the National Research Council of Canada (CNRC) facilities in Boucherville, Quebec. It is developing the first rare earth recycling facility in Saint-Bruno-de-Montarville. Geomega also owns 100% of the Montviel rare earth and niobium deposit, located in Quebec with the largest 43-101 bastnaesite resource in Canada, permanent access, and excellent infrastructure.

Starting from

$4,950