Since 2020, SRC’s Rare Earth Processing Facility has received C$71 million in funding from the Government of Saskatchewan, as well as C$30 million in combined funding from the Government of Canada. The funding was instrumental in helping construct a vertically and laterally integrated “minerals to metals” facility equipped with state-of-the-art, proprietary technology, SRC said.
Using in-house developed technology in metal smelting, SRC’s facility is ready to produce 10 tonnes of neodymium-praseodymium (NdPr) metals per month, with purities greater than 99.5% and conversions greater than 98%, the Council said.
“Saskatchewan [is] the first and only jurisdiction in North America to produce these rare earth metals, further establishing a rare earth technological hub here in the province,” Saskatchewan Premier Scott Moe said in a media statement.
“This represents a significant opportunity for Saskatchewan to be…
