Saskatchewan's Rare Earth Processing Facility is expected to be fully operational late next year.
SRC processing facility
SRC chief executive officer Mike Crabtree said the type of processing done there will allow the making of a “mid-stream” product that will increase the value of the elements by a factor of 10 to 20 times. The elements are used in an ever-increasing number of contemporary products, including cellphones, electric vehicles and wind turbines.“Saskatchewan has the expertise, the capability and the reserves of rare earths to become that processing hub,” Crabtree said, adding that the facility will be “the most environmentally sustainable of its kind in the world,” with safeguards in place to prevent the release of environmental contaminants.
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