NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.
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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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