UCU:CC - InvestorNewsBreaks - Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Gives Officials Tour of Demo Plant Provides Trial Update
Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) hosted dozens of industry and government officials at its RapidSX(TM) Demonstration Plant, which is designed for the separation of both heavy and light rare earth elements (“REEs”). Visitors toured the plant, which is located in the company’s RapidSX(TM) Commercialization and Demonstration Facility (“CDF”), and participated in presentations outlining the operational advantages of Ucore's RapidSX(TM) 52-stage REE separation processing system. In addition, the company discussed its unique ability to qualify original equipment manufacturers planned product requirements and outlined the next stages of commercial deployment activities made possible by the design and function of the demo plant. The company also noted that it successfully completed the first phase of extraction circuit testing during its SX-1 synthetic monazite trials; the trials were conducted at the demo plant. According to the announcement, SX-1 separates the heavy REE from the light REE; results from the trial showed that the target separation was achieved and could actually be enhanced by tuning operational parameters, which was objective of the commissioning trials. “Ucore recently had a tremendous opportunity to meet with and demonstrate our precise plan of establishing an independent REE supply chain to current and prospective industry and government partners at the CDF,” said Ucore Rare Metals vice president and COO Mike Schrider in the press release. “We have assembled a remarkable team to develop the Demo Plant and, in parallel, the full-scale facility in Louisiana. The RapidSX™ technology platform assembly, commissioning, and demonstration process results learned in Kingston will continue to be directly applied to our planned Louisiana SMC and other planned SMCs – one of which is destined for Canada.”
To view the full press release, visit https://ibn.fm/XQ2ON
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. 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 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. To learn more about the company, visit www.UCore.com
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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