Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is pursuing the exploration, separation and scalable production of rare earth elements (“REE”) in Canada and the U.S. “Ucore Rare Metals is focused on becoming a leading advanced technology company that provides best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, Ucore’s plan is to counteract 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 Louisiana, with subsequent additional Strategic Metals Complexes (‘SMCs’), and the longer-term development of a heavy-rare-earth-element mineral resource property at Bokan Mountain on Prince of Wales Island, Alaska,” a recent article reads. “In 2020, Ucore acquired Innovation Metals Corp. and its RapidSX separation technology platform, focused on the production of commercial-grade, separated rare earth elements at scale… The RapidSX technology significantly improves the well-established, well-understood and proven conventional separation methods currently in use. In addition, an integral part of Ucore’s growth plan centers around environmental, social, and governance (‘ESG’) criteria, which brings vast environmental advantages to metals processing compared to the current technology in China.”
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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.
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