10Strange Lake is a mid-Proterozoic peralkaline granite pluton (Québec-Labrador, Canada) that 11 underwent extreme enrichment in high field strength elements (HFSE), including the rare earth 12 elements (REE). The HFSE mineralisation is confined to highly altered pegmatites and the most 13 altered parts of the granites, implying a genetic association between hydrothermal fluids and 14 HFSE enrichment. This study uses analyses of fluid inclusions to investigate the hydrothermal 15 evolution of the Strange Lake pluton and the role of hydrothermal processes in concentrating the 16 HFSE to potentially exploitable levels. 17Five groups of inclusions were distinguished. From earliest to latest, these groups are: primary 18 aqueous inclusions (~25 wt.% NaCl eq.) associated with melt inclusions (Group 1); primary 19 Fluid evolution commenced with the exsolution of a saline aqueous liquid (~25 wt.% NaCl eq.) 28 and an immiscible CH 4 +H 2 gas from the pegmatitic melt at temperatures of ~450-500 °C and a 29 pressure of ~1100 bars. During isobaric cooling, the gas component of the fluid was gradually 30 oxidised, evolving from being CH 4 -dominant to a CH 4 fluid with a significant proportion of 31 higher order hydrocarbons (due to oxidative coupling of methane induced by the consumption of 32 O 2 through the alteration of arfvedsonite to aegirine; ~325-360°C), and finally to a CO 2 -33 dominated fluid at ~300 o C. The apparent salinity of the aqueous fluid decreased from ~25 to 34 ~4.5 wt.% NaCl eq. due to fluid-rock interaction. The latter also caused precipitation of nahcolite 35 (as a result of the reaction of newly formed CO 2 with sodium from decomposing minerals), 36 formation of pseudomorphs after primary Na-zirconosilicates and Na-titanosilicates and 37 replacement of primary REE-silicates by bastnäsite-(Ce). Owing to this interaction, the carbonic 38 component of the fluid was consumed which, together with the consumption of H 2 O to form Al-, 39 K-and Fe-phyllosilicates, contributed to an increase in the fluid salinity (up to ~19 wt.% NaCl 40 eq.). 41 3 Light rare earth elements (LREE) were remobilised over 10s to 100s of metres by the high 42 temperature high salinity fluid (preserved as Group 1 and 2a inclusions), whereas heavy rare 43 earth elements (HREE) were remobilised on a much smaller scale by a late, low temperature 44 high salinity fluid (trapped as inclusion Group 5). Fluid preserved as inclusion Group 3 may have 45 been responsible for remobilisation of Zr and Ti. 46