Rare Earths

Rare Earth Element Deposit

Niobec’s Rare Earth Element (REE) deposit is one of the largest in the world outside of China and is situated within mining friendly Quebec, Canada. A world-class underdeveloped REE orebody situated in a favourable and strategic jurisdiction, Niobe'c’s REE has a low production cost profile with all major infrastructure already in place.

Property Highlights



  • Situated 1km north of Magris’ operating niobium mine

  • Contains a total of ten REE including several strategically critical elements

  • Large resource with potential to become one of the largest REE mined deposits outside of China

  • Prospect of utilizing existing underground at Niobec as well as surface facilities to mine and process the REEs

  • Quebec is among the world’s top five mining friendly jurisdictions

  • Existing road and rail infrastructure

  • Proximity to deep water ports and
    ocean access

  • Very competitive hydro rates @~$0.05/kWh

REE Applications

  • Lanthanum

    Used to make rechargeable lanthanum nickel metal hydride batteries – the type used in electric and hybrid vehicles, laptop computers, cameras. Also used in fibre optic cables, camera lenses, telescopes, and binoculars – as lanthanum improves visual clarity – and infrared glass used in night vision goggles

  • Cerium

    Used to polish glass, metal and gemstones, computer chips, transistors and other electric components. Also used in catalytic converters and added in glass to decolourize it and fluorescent bulbs

  • Praseodymium

    Used in combination with neodymium, it’s primary use to make high power magnets. Also used in protective goggles as it protects against yellow flare and UV light and plastic / ceramics for vibrant yellow colouring

  • Neodymium

    An elemental twin of praseodymium, the principal use being in some of the world’s strongest magnets. Other important applications include laser range finders and guidance systems.

  • Samarium

    Primarily used in the production of permanent magnets and also in X-ray lasers, precision guided weapons and white-noise production technology.

  • Europium

    Primarily used in phosphors used in pilot display screens, televisions, and energy efficient fluorescent lights.