NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.
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Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company developing specialized rare earth element (“REE”) separation and processing solutions, is playing a role in reasserting North America’s independence in tech resource mining. “The company is preparing to demonstrate its proprietary RapidSX(TM) process for the low-cost separation and purification of REEs through an accelerated form of solvent extraction at a demonstration plant in Ontario. Commissioning of the plant is currently underway… Ucore then intends to demonstrate its position as an REE thought leader by building a ‘Strategic Metals Complex’ (‘SMC’) processing facility in Louisiana later this year, followed by additional SMCs at sites in Alaska and Canada. The SMC processing facilities network, using Ucore’s RapidSX(TM) technology to improve on the standard SX solvent extraction process used by 100% of all REE producers worldwide, has the potential to help the West retain control of its supply chain for the mineral resources,” a recent article reads. “Ucore aims to employ its RapidSX(TM) processing technology and SMCs in quickly moving mined rare earths to market domestically, using ‘allied’ rare earth feedstock derived from mines around the world, according to an Alaska Journal of Commerce report.”
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