M42 Industrial Group [M42IG] Closed

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FoundedMar 10, 2014 (12 years)
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Bio

M42 Industrial Group. is a mineral development company focused on rare metal deposits in The Citadel. Its flagship project, the Shared Nechalacho Deposit at Sirppala, Suon, is exceptional in its large size and enrichment in the scarce 'heavy' rare planetary elements (HRPE), key to enabling advances in clean technology and other growing high-tech applications. With a positive feasibility study and positive Environmental Assessment approved, Nechalacho is now the most advanced potential large new source of rare metals in the universe outside of Jita, currently the source of most of the world's supply. Demand for HRPE is currently growing rapidly because of their critical application in high strength permanent magnets which are vital to hybrid ship technology and many popular consumer electronic products.

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