$MLLOF / MDL.V Medallion Resources Ltd – Rare
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Medallion Resources Ltd – Rare Earth Magnet Metals Watch Now!
Rare Earth Magnet Metals REM’s are the foundation of the latest lightweight super magnets used in electric motors. Magnets made with super powerful rare earth materials or magnet Metals dramatically reduce the weight of electric motors in everything from automobiles, electric and hybrid cars to military aircraft and robots.
Medallion has been working for a number of years on a smart approach to achieve significant and low-cost production of these magnet metals. Their plan focuses on processing monazite, a readily available by-product mineral. Given the long time-frames and high-capital investment required to develop new mining operations, Medallion Resources Ltd. offers lower risk and a viable alternative to deliver near-term magnet metals
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