Pele Mountain Resources is focused on the sustainable development of mineral processing facilities to produce rare earths at its 100-percent owned Eco Ridge Rare Earth and Uranium Project in Elliot Lake, Ontario. By processing imported minerals, Pele seeks to produce a secure, sustainable, and scalable rare earth supply without the high costs of hard rock mine development.

The extensive NI 43–101 resources at Eco Ridge continue to provide Pele shareholders with exposure and leverage to uranium and rare earth prices. Eco Ridge has unique characteristics that make it an attractive development site, including excellent regional infrastructure, strong local support, and its strategic location in Elliot Lake, the former "Uranium Mining Capital of the World" and Canada’s only historic rare earth mining and processing camp. Pele is also pursuing power generation projects in Elliot Lake.

Pele shares are listed on the TSX Venture Exchange under the symbol “GEM”