Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is expected to benefit significantly given its focus on taking control of the North American rare earth elements (“REE”) supply chain. “Ucore, through its transformative commercial-ready technology, RapidSX(TM), looks to satisfy this need to become a leading advanced technology company with best-in-class metal separation products and services to the mining and mineral extraction industry. Its unique value proposition has seen the company differentiate itself from its peers, and its confidence in its technology has seen its aggressive expansion and investment into the development of a heavy and light rare-earth processing facility in Louisiana,” reads a recent article. “RapidSX(TM) combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform, significantly reducing time to completion and plant footprint. This technology also offers the potential to lower capital and operating costs, resulting in a more efficient process than the industry standard. Its scalable and modular nature also makes it ideal for the country’s current approach of ramping up its REE production capacity. In addition, its feedstock adaptability makes it readily configurable for separating any light or heavy REE (‘LREE’ or ‘HREE’) using the same equipment.”
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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’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 Canada and Alaska and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA. 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 www.ucore.com/corporateupdate.
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