Medallion Resources Ltd. (MLLOF)

• The fast growing and important magnet metal marketplace;
  Major industrial companies that seek alternative (non-Chinese) sources for magnet metals that is key to their growth plans; and
  Attractively priced and de-risked equity–in a sector that has been out of favour for many years.
  
  “Medallion has developed a disruptive and innovative process to deliver REEs with the minimum environmental and carbon footprint,” said Mark Saxon President & CEO. “Seeking the most efficient use of raw materials, energy and reagents is the fundamental basis of our engineering efforts and stands apart from peers. Our ability to utilize the best technology at optimal sites provides an attractive opportunity to maximize profitability and minimize environmental impact. We are incorporating this thinking into all of our supply chain conversations and partnerships.”  
   

The Medallion Monazite Process does not require additional mining to produce REEs, utilizes a high-grade by-product mineral that typically goes to waste, makes use of Process Intensification design practice that maximizes energy and reagent re-use, and produces zero liquid waste output. The climate change and other environmental impact benefits of the process will be quantified by the LCA. As the Medallion Monazite Process is both scalable and transferable it can be implemented at ideal locations and scales to maximize profitability and minimize the carbon dioxide impact of long-distance feedstock and reagent transport.   

Rare-earth element demand growth is linked to low-carbon emitting technologies, including wind energy and electromobility where efficiency is enabled by high-strength REE permanent magnets. Many industrial customers in these fields, such as automakers, seek to make the most sustainable purchasing decisions for REEs and battery materials, and the data-driven approach of an LCA with ISO-compliance provides them the highest degree of transparency and customer confidence.