Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is engaged in the exploration for and separation and scalable production of REEs in Canada and the U.S. The company is positioning for ultimate commercialization its RapidSX(TM) technology for the separation and purification of critical metals, a move that would slash reliance on Chinese rare earth technologies and its byproducts. “Ucore has gained incredible headway over the years, made possible by the funding from the Pentagon. The company is on track to commercially separate friendly sources of REEs and supply OEMs with rare earth oxides (‘REOs’) required to produce rare earth permanent magnets (‘REPMs’) by 2025. This will help grow the electric vehicle industry, generators and even computers, all in response to the global transition to electrification and sustainable energy sources,” a recent article reads. “Earlier this year, the company began commissioning its RapidSX plant in Kingston, Ontario, a facility designed to demonstrate the commercial capabilities of the technology platform. The plant, located in Ucore’s 5,000-square-foot RapidSX Commercialization and Demonstration Facility, will be integral in actualizing the company’s goal of re-establishing a North American rare earths supply chain.”
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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 Strategic Metal Complexes 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. For more information, visit the company’s website at www.Ucore.com.
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