Critical Minerals Factbook
Federal instrument · Grant

NRCan CMRDD contribution to Geomega magnet recycling demonstration plant

On March 7, 2023, Geomega Resources announced $3 million CAD in non-dilutive funding from the Government of Canada's Critical Minerals Research, Development and Demonstration (CMRDD) program, administered by NRCan, toward construction of its rare earth magnet recycling demonstration plant in Quebec, to demonstrate the economics, environmental benefits, and efficiency of its technology and advance it to the pre-commercialization phase.

Facts on this page last re-verified Aug 11, 2026 — the oldest verification date among its current claims. How we verify.

Financial state: Obligated

Program: Critical Minerals Research, Development and Demonstration Program · Natural Resources Canada

Terms

AmountC$3M (non-dilutive CMRDD program funding as announced by Geomega)

Immutable financial events

  1. Mar 7, 2023 · Obligated

Operational milestones are displayed on the linked facility line, not duplicated in this ledger.

Sources