NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.
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Posted On: 06/29/2023 4:17:41 PM
NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Acquires New Feedstock for Incorporation into Commissioning Process for RapidSX(TM) Demo Plant
Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced the acquisition of its third mixed rare earth element (“REE”) chemical concentrate at the company’s Kingston, Ontario-based RapidSX(TM) Commercialization and Demonstration Facility (“CDF”). According to the announcement, a U.S. mineralization source supplied the light REE feedstock that will be incorporated into the commissioning process for the 52-Stage RapidSX(TM) Demonstration Plant for the separation of mixed heavy and light REE chemical concentrates. “We believe that Ucore’s Kingston, Ontario, Demo Plant is currently the largest heavy REE separation plant in North America. It is capable of processing tens of tonnes of light and heavy REEs utilizing the exact same equipment – and represents a unique technological advantage as North America endeavors to compete on the global stage to produce individual rare earth oxides required to support the growing EV industry,” said Mike Schrider, Ucore vice president and chief operating officer. “The underway commissioning process at the CDF is the single most significant leap in the development of the RapidSX(TM) technology platform and, once completed, will open the pathway to direct commercialization and monetization of Ucore’s business model.”
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Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced the acquisition of its third mixed rare earth element (“REE”) chemical concentrate at the company’s Kingston, Ontario-based RapidSX(TM) Commercialization and Demonstration Facility (“CDF”). According to the announcement, a U.S. mineralization source supplied the light REE feedstock that will be incorporated into the commissioning process for the 52-Stage RapidSX(TM) Demonstration Plant for the separation of mixed heavy and light REE chemical concentrates. “We believe that Ucore’s Kingston, Ontario, Demo Plant is currently the largest heavy REE separation plant in North America. It is capable of processing tens of tonnes of light and heavy REEs utilizing the exact same equipment – and represents a unique technological advantage as North America endeavors to compete on the global stage to produce individual rare earth oxides required to support the growing EV industry,” said Mike Schrider, Ucore vice president and chief operating officer. “The underway commissioning process at the CDF is the single most significant leap in the development of the RapidSX(TM) technology platform and, once completed, will open the pathway to direct commercialization and monetization of Ucore’s business model.”
Please see full terms of use and 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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