Torngat Metals is a private company working to develop the Strange Lake Rare Earth Project with a footprint in Québec and Newfoundland and Labrador, to provide a long-term, responsible supply of heavy and light rare earths required for many high-tech and low-carbon technologies, including electric vehicles and wind turbines. Strong global market growth, underscored by a low carbon transition, requires new sources of responsible rare earth supply. With a commitment to sustainable practices and innovation, Torngat Metals aims to play a pivotal role in the global transition to a clean energy future. The project is in one of the best mining regions in the world, and the deposit consists of the full suite of light and, importantly, heavy rare earths - neodymium, praseodymium, dysprosium, and terbium. These rare earths are essential for the production of rare earth magnets needed for high efficiency motors in electric vehicles, wind energy, robotics, drones, and other leading-edge technologies. This project has the potential to propel Canada's rare earth mining industry onto centre stage, while building on North America's technological and economic development in related industries.
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