NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.
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Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced the selection of an 80,800 square-foot brownfield facility within the England Airpark in Alexandria, Louisiana, as the location for its planned Louisiana Strategic Metals Complex (“LSMC”) rare earth element (“REE”) separation and oxide production facility. “Ucore has executed a very focused plan to establish its first rare earth processing plant within an existing brownfield facility,” said Pat Ryan, P.Eng., Ucore chairman and CEO. “This plan accelerated once Ucore narrowed its U.S. Gulf Coast search to Louisiana and worked through many excellent potential sites throughout the state. Critical success markers included streamlined logistics, access to chemicals and reagents, attractive energy costs, labor pool robustness, room for ramp-up and production expansion, and community support, including technical education infrastructure. Several communities around the state were very seriously considered, yet England Airpark and the community of Alexandria presented local partnership and expansion opportunities to ensure Ucore achieves and perhaps exceeds its original objectives.”
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