Michael McCann

Michael McCann joined Torngat Metals Ltd. as Chief Executive Officer effective October 13, 2026, stepping into a leadership role at a critical moment for the rare earth sector. Torngat Metals is a Canadian-based rare earth development company working to develop the Strange Lake project, which has completed an updated Feasibility Study demonstrating technical and economic viability with Environmental Impact Assessment work nearing completion.

McCann brings more than 30 years of executive experience in the mining industry and a strong track record of leading complex operations across Canada, including in Québec and Newfoundland and Labrador. He was appointed President and Chief Executive Officer of the Iron Ore Company of Canada (IOC) in September 2021, where he led one of the country's largest integrated mining, rail and port operations. Throughout his career, he has been recognized for building high-performing organizations, advancing industry-leading safety cultures and delivering large-scale projects in partnership with governments, Indigenous communities and local stakeholders.

Before his tenure at IOC, Michael led units across Vale Base Metals' North Atlantic operations in Sudbury, Thompson and Newfoundland and Labrador, and then the division's strategic business projects, with oversight of operations in Canada, the United Kingdom, Japan and China. He is a former Chair of the Ontario Mining Association. McCann holds a Bachelor of Science degree in Engineering from the University of Guelph and completed an Executive Management program at the Ivey School of Business at Western University.

Career History

• Chief Executive Officer, Torngat Metals Ltd. (October 2026–present)
• President and Chief Executive Officer, Iron Ore Company of Canada (IOC), a Rio Tinto subsidiary (2021–2026)
• Head of Strategic Business Projects, Vale Base Metals division (2020–2021)
• Director/Head of Mining and Milling operations, Vale Base Metals, North Atlantic region including Sudbury, Thompson, and Newfoundland and Labrador (2018–2020)

What Michael McCann could bring to Torngat Metals: McCann's three decades in mining leadership, combined with his proven track record managing complex, large-scale integrated operations across Canada and internationally, positions him to accelerate the Strange Lake project toward production. His experience building high-performing teams, establishing safety-first cultures, and navigating multi-stakeholder partnerships with governments and Indigenous communities directly aligns with Torngat Metals' critical next development phases. His background leading IOC's mining, rail, and port infrastructure suggests familiarity with the capital-intensive, long-cycle projects required to bring rare earth elements to market, while his tenure overseeing Vale's international operations indicates competence in global supply chain dynamics increasingly important for rare earth elements.