NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.
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Posted On: 05/19/2023 4:11:18 PM
NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Unlocking Resources for Downstream Customers
Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals company, is aggressively working to become a leader in solutions for improving the separation of rare earth elements (“REEs”) from mined ores in order to secure a stronger position for American REE production. “The key to Ucore’s solution is its development of a solvent extraction process that will not only be the only one based in the Western Hemisphere, but that will be superior to the universally used SX (also known as CSX) extraction process. Ucore’s RapidSX(TM) process is at least three times more efficient than the SX standard, requires less overall processing time, and costs less for construction and operation, according to independent evaluations of Ucore’s technique,” a recent article reads. “The [Ucore] business plan revolves around the fact that there are a lot of resources in the rare earth space that are evolving outside of China. But they don’t have the critical mid-market separation, so what we’ve said is, ‘let’s get that mid-market separation done.’ By doing that, we’re actually unlocking the resources for downstream customers,” Ucore CEO Pat Ryan is quoted as saying. “We’ll arrange the work relationship upstream; we’ll deal with the downstream customers – automotive, wind energy, high energy motors.“
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals company, is aggressively working to become a leader in solutions for improving the separation of rare earth elements (“REEs”) from mined ores in order to secure a stronger position for American REE production. “The key to Ucore’s solution is its development of a solvent extraction process that will not only be the only one based in the Western Hemisphere, but that will be superior to the universally used SX (also known as CSX) extraction process. Ucore’s RapidSX(TM) process is at least three times more efficient than the SX standard, requires less overall processing time, and costs less for construction and operation, according to independent evaluations of Ucore’s technique,” a recent article reads. “The [Ucore] business plan revolves around the fact that there are a lot of resources in the rare earth space that are evolving outside of China. But they don’t have the critical mid-market separation, so what we’ve said is, ‘let’s get that mid-market separation done.’ By doing that, we’re actually unlocking the resources for downstream customers,” Ucore CEO Pat Ryan is quoted as saying. “We’ll arrange the work relationship upstream; we’ll deal with the downstream customers – automotive, wind energy, high energy motors.“
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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