Not only were these the first Rare Earth Elements (REE) mined in the Northwest Territories, but the milestone also made Cheetah Resources Corp. (a Canadian subsidiary of Australian company Vital Metals Ltd.), the first producer of REE in Canada.
As we prepare to mark the summer solstice – and Yellowknife’s Fred Henne Campground gets busy with residents and parks users, ITI beach attendants will be patrolling Long Lake beach this weekend to help keep things safe.
In fact, attendants will be on hand daily for the rest of the summer from 9:30am-8:30pm.
In a week that saw the NWT Premier and Minister of Industry, Tourism and Investment (ITI) promoting mineral exploration and development in the NWT, the Department of ITI has released its 2021 Socio-Economic Agreement Report that puts an exclamation point on why.
Essential to renewable energy and clean technology — for everything from batteries to magnets, solar and wind — minerals like Lithium, Cobalt, Zinc, Copper and Rare Earth Elements (REEs) are now also considered to be critical to Canada’s economic security.
In mid-October of 2021, after five months of round-the-clock mining, crushing and sorting, 500 tonnes of high-grade rare earth elements (REE) concentrate from the Nechalacho rare earth mine landed at the NWT Marine Transportation Services dock in Hay River destined for processing in Saskatoon and Norway.
Gold, base metals and diamonds have long been the lifeblood of mining in the Northwest Territories.
But, as companies and countries around the world move to secure supplies of critical and strategic minerals, doors are opening for NWT projects such as Nechalacho, NICO, Pine Point and Prairie Creek – and a whole new chapter is beginning to unfold in the territory’s storied mining legacy.
PDAC 2022—the world’s premier mineral exploration and mining convention— is under way in Toronto. With more than 1,100 exhibitors, 2,500 investors and 23,000 people in attendance at the last in-person convention, the event is a key destination for ITI staff involved in marketing and promoting the exploration and resource potential of the NWT.
Whether you are a carpenter in need of large planer or a jointer, a fabric artist wishing for occasional use of a Serger, a machinist looking to fabricate a specialize part, many hobbyists and trades have tools that are both expensive and relatively rarely used.