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Medallion Resources, a Canadian rare earth development company, focused on extracting critical elements like neodymium and praseodymium from monazite using its proprietary Medallion Monazite Process and a separation technology licensed from Purdue University. After a 2023 strategic review, it shifted toward positioning itself as an operator of rare earth processing facilities, though progress was hampered when Purdue issued a default notice on the license later that year. In early 2024, the company rebranded as Gabo Mining Ltd. (TSXV: GAB) through a name change and share consolidation.
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