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Posted On: 07/13/2023 4:07:06 PM
Post# of 306
NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Conducts Initial DoD Post-Award Conference
Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has conducted the initial programmatic post-award conference with the U.S. Department of Defense (“DoD”) for the company’s recently announced US$4 million other transaction agreement (“OTA”). According to the update, the Rare Earth Element (“REE”) Separation Technology Capabilities Prototype Project, administered by the U.S. Army Contracting Command-Orlando (“ACC-ORL”), is taking place at Ucore’s RapidSX(TM) Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario. The project is utilizing the company’s 52-Stage RapidSX(TM) Demonstration Plant (“Demo Plant”) for the separation of mixed heavy and light REE concentrate feedstocks. “Ucore is very pleased to have been awarded this project by the U.S. government,” said Mike Schrider, P.E., Ucore’s VP and COO. “Last week’s kickoff meeting allowed us to present our current detailed project plan of execution to the DoD and ultimately incorporate our potential pathway to rare earth commercial separation through the Louisiana Strategic Metals Complex [‘SMC’] in Alexandria. The OTA has a provision for potential follow-on opportunities for deployment of the RapidSX(TM) technology in the United States — this is a critical aspect of ensuring the United States has access to modern critical metals separation technologies that are competitive on the world stage.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has conducted the initial programmatic post-award conference with the U.S. Department of Defense (“DoD”) for the company’s recently announced US$4 million other transaction agreement (“OTA”). According to the update, the Rare Earth Element (“REE”) Separation Technology Capabilities Prototype Project, administered by the U.S. Army Contracting Command-Orlando (“ACC-ORL”), is taking place at Ucore’s RapidSX(TM) Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario. The project is utilizing the company’s 52-Stage RapidSX(TM) Demonstration Plant (“Demo Plant”) for the separation of mixed heavy and light REE concentrate feedstocks. “Ucore is very pleased to have been awarded this project by the U.S. government,” said Mike Schrider, P.E., Ucore’s VP and COO. “Last week’s kickoff meeting allowed us to present our current detailed project plan of execution to the DoD and ultimately incorporate our potential pathway to rare earth commercial separation through the Louisiana Strategic Metals Complex [‘SMC’] in Alexandria. The OTA has a provision for potential follow-on opportunities for deployment of the RapidSX(TM) technology in the United States — this is a critical aspect of ensuring the United States has access to modern critical metals separation technologies that are competitive on the world stage.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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