Torngat Metals

Torngat Metals, founded in 2018, is a privately held Canadian company dedicated to the development of the Strange Lake rare earth project in northern Quebec. The company aims to become a leading supplier of both heavy and light rare earth elements, which are crucial for the energy transition and combating climate change. Torngat Metals distinguishes itself through a strong commitment to sustainable practices and collaboration with local communities. The company offers an alternative to rare earths produced in China, emphasizing responsible, traceable, and safe production methods. By focusing on the globally significant deposits at Strange Lake, Torngat Metals positions itself as a strategic player in the rare earth sector, which is essential for climate change adaptation efforts. The business model revolves around the extraction and supply of rare earth elements, serving industries that require these materials for permanent magnets and other applications pivotal to electrification and the low carbon economy.

Keywords: rare earth, sustainable, Strange Lake, energy transition, climate change, Quebec, responsible production, electrification, low carbon, permanent magnets.