NetworkNewsBreaks — Ucore Rare Metals Inc. (TSX.
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Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is expected to benefit significantly given its focus on taking control of the North American rare earth elements (“REE”) supply chain. “Ucore, through its transformative commercial-ready technology, RapidSX(TM), looks to satisfy this need to become a leading advanced technology company with best-in-class metal separation products and services to the mining and mineral extraction industry. Its unique value proposition has seen the company differentiate itself from its peers, and its confidence in its technology has seen its aggressive expansion and investment into the development of a heavy and light rare-earth processing facility in Louisiana,” reads a recent article. “RapidSX(TM) combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform, significantly reducing time to completion and plant footprint. This technology also offers the potential to lower capital and operating costs, resulting in a more efficient process than the industry standard. Its scalable and modular nature also makes it ideal for the country’s current approach of ramping up its REE production capacity. In addition, its feedstock adaptability makes it readily configurable for separating any light or heavy REE (‘LREE’ or ‘HREE’) using the same equipment.”
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