NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.
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Posted On: 02/02/2024 4:59:57 PM
NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) on Track to Supply OEMs with Rare Earth Oxides by 2025
Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is engaged in the exploration for and separation and scalable production of REEs in Canada and the U.S. The company is positioning for ultimate commercialization its RapidSX(TM) technology for the separation and purification of critical metals, a move that would slash reliance on Chinese rare earth technologies and its byproducts. “Ucore has gained incredible headway over the years, made possible by the funding from the Pentagon. The company is on track to commercially separate friendly sources of REEs and supply OEMs with rare earth oxides (‘REOs’) required to produce rare earth permanent magnets (‘REPMs’) by 2025. This will help grow the electric vehicle industry, generators and even computers, all in response to the global transition to electrification and sustainable energy sources,” a recent article reads. “Earlier this year, the company began commissioning its RapidSX plant in Kingston, Ontario, a facility designed to demonstrate the commercial capabilities of the technology platform. The plant, located in Ucore’s 5,000-square-foot RapidSX Commercialization and Demonstration Facility, will be integral in actualizing the company’s goal of re-establishing a North American rare earths supply chain.”
NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://nnw.fm/UURAF
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
Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is engaged in the exploration for and separation and scalable production of REEs in Canada and the U.S. The company is positioning for ultimate commercialization its RapidSX(TM) technology for the separation and purification of critical metals, a move that would slash reliance on Chinese rare earth technologies and its byproducts. “Ucore has gained incredible headway over the years, made possible by the funding from the Pentagon. The company is on track to commercially separate friendly sources of REEs and supply OEMs with rare earth oxides (‘REOs’) required to produce rare earth permanent magnets (‘REPMs’) by 2025. This will help grow the electric vehicle industry, generators and even computers, all in response to the global transition to electrification and sustainable energy sources,” a recent article reads. “Earlier this year, the company began commissioning its RapidSX plant in Kingston, Ontario, a facility designed to demonstrate the commercial capabilities of the technology platform. The plant, located in Ucore’s 5,000-square-foot RapidSX Commercialization and Demonstration Facility, will be integral in actualizing the company’s goal of re-establishing a North American rare earths supply chain.”
NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://nnw.fm/UURAF
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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