{"id":833456,"date":"2022-11-09T18:00:14","date_gmt":"2022-11-09T17:00:14","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/torngat-metals-announces-investment-from-cerberus-capital-management\/"},"modified":"2022-11-09T18:00:14","modified_gmt":"2022-11-09T17:00:14","slug":"torngat-metals-announces-investment-from-cerberus-capital-management","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/torngat-metals-announces-investment-from-cerberus-capital-management\/","title":{"rendered":"Torngat Metals Announces Investment from Cerberus Capital Management"},"content":{"rendered":"Acceleration of the Strange Lake Rare Earth Project to Advance North American Production of Clean, Low-Carbon Technologies\n\nMONTR\u00c9AL &amp; NEW YORK--(BUSINESS WIRE)--Torngat Metals Ltd. (\u201cTorngat\u201d) today announced a US$50 million phased investment led by an affiliate of Cerberus Capital Management, L.P. (\u201cCerberus\u201d).\n\n\nTorngat\u2019s Strange Lake rare earth project is a critical driver for the electrification value chain, specifically the manufacturing of permanent magnets for electric motors. Strange Lake is the largest project in North America containing the most important rare earths for the transition to electrification and a low-carbon economy.\n\n\n\u201cWe are thrilled to partner with Cerberus on the next phase of our rare earth proj<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Acceleration of the Strange Lake Rare Earth Project to Advance North American Production of Clean, Low-Carbon Technologies MONTR\u00c9AL &amp; NEW YORK&#8211;(BUSINESS WIRE)&#8211;Torngat Metals Ltd. (\u201cTorngat\u201d) today announced a US$50 million phased investment led by an affiliate of Cerberus Capital Management, L.P. (\u201cCerberus\u201d). Torngat\u2019s Strange Lake rare earth project is a critical driver for the electrification [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-833456","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Torngat Metals Announces Investment from Cerberus Capital Management - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/torngat-metals-announces-investment-from-cerberus-capital-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Torngat Metals Announces Investment from Cerberus Capital Management - BeBeez\" \/>\n<meta property=\"og:description\" content=\"Acceleration of the Strange Lake Rare Earth Project to Advance North American Production of Clean, Low-Carbon Technologies MONTR\u00c9AL &amp; NEW YORK--(BUSINESS WIRE)--Torngat Metals Ltd. 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