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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.
Northern Metal Recycling is a Minneapolis, MN-based company in the Agriculture and Mining sector.
Robinson Foundry Inc is a Alexander City, AL-based company in the Agriculture and Mining sector.
Rig-Chem Inc is a Houma, LA-based company in the Agriculture and Mining sector.
SouthGobi, listed on the Toronto and Hong Kong stock exchanges, is focused on exploration and development of its metallurgical and thermal coal deposits in Mongolia`s South Gobi Region. It has a 100% shareholding in SouthGobi Sands LLC, a Mongolian registered company that holds the mining and exploration licences in Mongolia and operates the flagship Ovoot Tolgoi coal mine. Ovoot Tolgoi produces and sells coal to customers in China.