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Medallion Resources Ltd (TSX-V: MDL; OTCPK: MLLOF) has been working for a number of years on a smart approach to achieve significant and low-cost production of rare-earth magnet metals. Our plan focusses on processing monazite, a readily available by-product mineral. Monazite is a phosphate mineral containing 60% rare earths and is the world`s original commercial rare-earth source. Monazite remains available as a by-product from North American, Australian and African heavy mineral-sands operators. Medallion believes that this is the best new non-Chinese source of NdPr and other rare earths. Given the long timeframes and high-capital investment required to develop new mining operations, Medallion offers lower risk and a viable alternative to deliver near-term magnet metals.
General Moly is a U.S.-based mineral company engaged in the exploration, development and mining of molybdenum (”moly”). Molybdenum (“moly”) is a metallic element used primarily as an alloy agent in steel manufacturing. When added to steel, moly enhances steel strength, resistance to corrosion, and extreme temperature performance. Within the chemical industry, moly has an important role in the petroleum refining process, acting as a cracking agent to remove sulfur from liquid fuels.
Indtec is a Marina, CA-based company in the Agriculture and Mining sector.
Alhambra Resources is a Calgary, AB-based company in the Agriculture and Mining sector.
Premier Silica is a Irving, TX-based company in the Agriculture and Mining sector.