NetworkNewsBreaks — Ucore Rare Metals Inc. (TSX.
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Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) hosted dozens of industry and government officials at its RapidSX(TM) Demonstration Plant, which is designed for the separation of both heavy and light rare earth elements (“REEs”). Visitors toured the plant, which is located in the company’s RapidSX(TM) Commercialization and Demonstration Facility (“CDF”), and participated in presentations outlining the operational advantages of Ucore’s RapidSX(TM) 52-stage REE separation processing system. In addition, the company discussed its unique ability to qualify original equipment manufacturers planned product requirements and outlined the next stages of commercial deployment activities made possible by the design and function of the demo plant. The company also noted that it successfully completed the first phase of extraction circuit testing during its SX-1 synthetic monazite trials; the trials were conducted at the demo plant. According to the announcement, SX-1 separates the heavy REE from the light REE; results from the trial showed that the target separation was achieved and could actually be enhanced by tuning operational parameters, which was objective of the commissioning trials. “Ucore recently had a tremendous opportunity to meet with and demonstrate our precise plan of establishing an independent REE supply chain to current and prospective industry and government partners at the CDF,” said Ucore Rare Metals vice president and COO Mike Schrider in the press release. “We have assembled a remarkable team to develop the Demo Plant and, in parallel, the full-scale facility in Louisiana. The RapidSX™ technology platform assembly, commissioning, and demonstration process results learned in Kingston will continue to be directly applied to our planned Louisiana SMC and other planned SMCs – one of which is destined for Canada.”
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