The global neodymium market size was valued at $2.07 billion in 2021 and is expected to expand at a CAGR of 15.0% to 2030. Our rare earth properties boast high concentrations of neodymium and other essential rare earth minerals crucial for driving the green revolution.
Rich in Dysprosium, Neodymium & Praseodymium (NdPr)
Resource Estimate
Zone 1
0.79%-0.95% TREO
Zone 2
0.025%-0.95% TREO
Zone 3
33.6% TREO
*Samples range from 0.025% - 33.6%.
SOUTH AFRICA
Rich in NdPr, Dysprosium & Terbium
Highlights
Ore
605,000 tonnes (t)
TREO
14.4% (86,900 t)
Nd
15,609t (Grade 2.58%)
Dy
10,802t (Grade 0.99%)
*Samples range from 0.025% - 33.6%.
Our Projects
REE Sites with Global Impact
As the sole entity in Saskatchewan dedicated to acquiring, exploring, and producing rare earth minerals, we proudly hold a strategic position with two lucrative properties—one situated in Northern Saskatchewan and the other on the international stage in South Africa. Our substantial contribution plays a vital role in meeting the global demand for rare earth minerals. Emphasizing our dedication to the North American supply chain, we prioritize fostering economic growth, job creation, and domestic innovation.
Rare Earth Minerals
The Driving Force Behind Cutting-Edge Technologies
At SRMC, we plan to ethically extract neodymium, dysprosium, and other vital minerals from our properties to power a green economy.
Neodymium (Nd) is a versatile rare earth element primarily known for its use in the production of neodymium-iron-boron (NdFeB) magnets, the strongest type of permanent magnets commercially available.
Dy
Dysprosium
Dysprosium (Dy) has unique magnetic properties that make it valuable for various technological applications from electric vehicles and wind turbines to nuclear reactors.
Sm
Samarium
Samarium (Sm) is used several applications, particularly in the field of technology and manufacturing. Common uses uses include permanent magnets, medical imaging, catalysts and nuclear reactors.
Pr
Praseodymium
Praseodymium (Pr) has various applications, primarily in the fields of technology, electronics and metallurgy. Common uses range from permanent magnets and alloys to lighting and glass & ceramics.
La
Lanthanum
Lanthanum (La) has various applications across different industries due to its unique properties. This includes phosphors in lighting, electronics and optics.
Tb
Terbium
Terbium (Tb) has a range of applications, particularly in technologies that require highly specialized properties. Use cases include magnetostrictive alloys, nuclear reactor control rods and medical imaging.
Our Partners
Let's Bridge the Gap Between Supply & Demand
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About SRMC
As Saskatchewan’s sole rare earth minerals acquisition and production company, we pride ourselves on pioneering a sustainable future.