NetworkNewsBreaks – Ucore Rare Metals Inc.’s (
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Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is engaged in the exploration for and separation and scalable production of rare earth elements (“REEs”) in Canada and the U.S. The company is disrupting China’s dominance with its near-term processing facility in Louisiana, subsequent Strategic Metals Complexes (“SMCs”) in Alaska and Canada, and longer-term development of Boken Mountain on Prince of Wales Island, Alaska. This comes as current tensions between the U.S. and China have brought to light the urgency for North America to have its own REE processing alternatives. “Ucore’s RapidSX(TM) technology provides additional industry options for overcoming the dominance of China in processing REEs through its development of near-term and long-term processing facilities in North America,” a recent article reads. “The processing facilities will incorporate Ucore’s RapidSX(TM) technology, which combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform that significantly reduces time to completion and plant footprint, as well as potentially lowering capital and operating costs. SX is currently the international REE industry’s standard commercial separation technology for bulk separation of heavy and light REEs. The commissioning process of Ucore’s RapidSX(TM) Demonstration Plant is underway in Kingston, Ontario.”
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