UURAF - InvestorNewsBreaks - Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Issues Update on Its RapidSX(TM) Demo Plant
Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today provided an update on the commissioning process for its RapidSX(TM) Demonstration Plant (“Demo Plant”) for the separation of heavy and light rare earth elements (“REEs”). Located within Ucore’s 5,000 square foot RapidSX Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario, the Demo Plant is run by the company’s laboratory partner, Kingston Process Metallurgy Inc. (“KPM”). “We are extremely pleased with the work at the CDF in concert with our partners, KPM, Mech-Chem, and a host of other supporting contractors and vendors as we work toward near-term commercial deployment of the RapidSX rare earth element separation technology in North America,” said Mike Schrider, P.E., Ucore's VP and COO. “Implementing the Demo Plant commissioning process is a huge milestone for the team, and this is scheduled to be followed by a series of heavy and light rare earth element process demonstrations separating tens of tonnes of mixed rare earth concentrates over thousands of hours of facility run-time.”
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About Ucore Rare Metals Inc.
Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth and scalability. Ucore has an effective 100% ownership stake in the Bokan-Dotson Ridge Rare Earth Element Project in Southeast Alaska, USA. Ucore’s vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the U.S. state of Louisiana, subsequent SMCs in Alaska and Canada and the longer-term development of Ucore’s heavy-rare-earth-element mineral-resource property at Bokan Mountain on Prince of Wales Island, Alaska. Ucore is listed on the TSXV under the trading symbol UCU and in the United States on the OTC Markets’ OTCQX(R) Best Market under the ticker symbol UURAF. For further information, please visit https://ucore.com/corporateupdate.
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