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0 0.00105078809106834 0.00367775831873907 0.00420315236427324 0 0.00389667250437835 0.00437828371278459 0.00849387040280209
Stock impact report

Geomega and Rio Tinto provide update on bauxite residue valorization pilot [Canadian Business Journal (Canada)]

Rio Tinto Plc (RIO) 
US:NYSE Investor Relations: riotinto.com/investors-87.aspx
MONTREAL, April 16, 2025 (GLOBE NEWSWIRE) — Geomega Resources Inc. (“CorporationSince the launch of the pilot project in March 2022 (see press release from March 31, 2022Circuit 1 (C1) focuses on alkalinity removal and production of several important offtake streams such as sodium, calcium, aluminium and silica products. This circuit is responsible for 10% to 30% of waste volume reduction.Circuit 2 (C2) deals with iron extraction and removal. One potential high value and critical product is DRI (Direct Reduced Iron) grade ore material, a high-purity iron feedstock that enables lower-carbon steelmaking. Circuits 1 and 2 are responsible for more than 70% of cumulative waste volume reduction.Circuit 3 (C3) deals with the remaining high value metals. Geomega is currently developing a cost-efficient circuit to extract and purify a rare earths (REE) concentrate, and a titanium concentrate while regenerating and recycling the reagent. Other potential products in Circuit 3 include scandium, g Show less Read more
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