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home / news releases / UCU:CC - InvestorNewsBreaks - Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Issues Update on RapidSX(TM) REE Demo Plant Louisiana SMC Engineering Processes


UCU:CC - InvestorNewsBreaks - Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Issues Update on RapidSX(TM) REE Demo Plant Louisiana SMC Engineering Processes

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today provided a technical update on 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(TM) Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario, the Demo Plant is operated by commercialization partner, Kingston Process Metallurgy Inc. (“KPM”). “Over the first two years in Kingston, we proved the technical superiority of our now patent-pending RapidSX(TM) technology platform to mix and separate the chemistry of solvent extraction,” said Mike Schrider, Ucore vice president and chief operating officer. “We have since taken those optimization and fine-tuning efforts and engaged in a robust engineering, construction, commissioning, testing and demonstration effort to truly optimize the chemistry delivery and feedback systems to and from the RapidSX(TM) platform within the Demo Plant and across all of the related systems within the CDF. This arduous yet thorough process will soon enable us to discreetly quantify the previous qualitative attributes of the RapidSX(TM) technology platform and the resulting rare earth element products as we incorporate every facet of our engineering and production learning curve from our project execution in Kingston into our underway LA-SMC commercial and technical activities.”

To view the full press release, visit https://ibn.fm/rwx2g

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’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 Strategic Metal Complexes in Canada and Alaska and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA. 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 www.ucore.com/corporateupdate.

NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF

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Stock Information

Company Name: Ucore Rare Metals Inc.
Stock Symbol: UCU:CC
Market: TSXVC
Website: ucore.com

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