Reflex Advanced Materials is a Canadian mineral exploration company that aims to provide high purity graphite to North American supply chains for electrification. Their primary project is the Ruby Graphite mine in Montana, which will begin drilling in June 2023.
Searchlight is a mineral exploration company in Saskatchewan with promising critical elements properties, including rare earths. Saskatchewan is a world leader in rare earth production, with two refineries in the area. Searchlight plans to continue exploring for rare earths, as well as potential lithium, nickel, copper, vanadium, and cobalt. Kulik Lake is their most advanced property, with high-grade rare earths and uranium found at the surface, and ongoing exploration to determine the extent of the system.
Champion Iron has a large resource base of high-grade iron ore in a good jurisdiction, making it a key solution for decarbonization. The demand for this material is expected to double in the next 18 months, with a need for ultra-pure material.
Champion Iron offers a unique answer to reducing carbon emissions in the steel industry, which accounts for almost 8% of global emissions.