Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the separation and scalable production of rare earth metals (“REE”) in the U.S. and Canada, is focused on providing best-in-class metal separation products and services to the mining and mineral extraction industries. “To date, China has been the dominant leader in providing REE for industries, resulting in dangerous industrial leverage spanning military assets, electric vehicles, wind power generation, as well as mobile phones and others. However, with the rising tensions between the U.S. and China, Ucore is now positioned to create a North American REE supply chain, allowing the U.S. to become self-sustainable in the industry,” a recent article explains. “Acquired in 2020 by Ucore, Innovation Metals Corp. developed the RapidSX(TM) separation technology platform with early-stage assistance from the United States Department of Defense, which has resulted in the production of commercial-grade, separated REE at a pilot scale. RapidSX(TM) combines the time-proven chemistry of conventional solvent extraction (“SX”) with a new column-based platform that significantly reduces time to completion and plant footprint, and potentially lowers the capital required and operational costs. SX is the commercial separation technology standard for the international REE industry and is currently used by all REE producers worldwide for bulk commercial separation of both heavy and light REE.”
To view the full article, visit https://ibn.fm/6FU8f
About Ucore Rare Metals Inc.
Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth and scalability. Ucore has an effective 100% ownership stake in the Bokan-Dotson Ridge Rare Earth Element Project in Southeast Alaska, USA. Ucore’s vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the U.S. state of Louisiana, subsequent SMCs in Alaska and Canada and the longer-term development of Ucore’s heavy-rare-earth-element mineral-resource property at Bokan Mountain on Prince of Wales Island, Alaska. Ucore is listed on the TSXV under the trading symbol UCU and in the United States on the OTC Markets’ OTCQX(R) Best Market under the ticker symbol UURAF. For further information, please visit https://ucore.com/corporateupdate.
NOTE TO INVESTORS: The latest news and updates relating to XPHYF are available in the company’s newsroom at https://ibn.fm/UURAF
MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.
To receive SMS text alerts from MiningNewsWire, text “BigHole” to 844-397-5787 (U.S. Mobile Phones Only)
For more information, please visit https://www.miningnewswire.com
MiningNewsWire is part of the InvestorBrandNetwork.