Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is focused on a vision to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. The company intends to deploy its RapidSX(TM) technology in pursuit of a critical metals supply chain independent of China and Western original equipment manufacturers – most notably in the automotive industry and renewable energy. “Although not a new technology, RapidSX(TM) combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform that significantly reduces time to completion and plant footprint and potentially lowers capital and operation costs. SX is the international rare earth element (‘REE’) industry’s standard commercial separation technology and is currently used by all REE producers worldwide for bulk commercial separation of both heavy and light REEs,” reads a recent article. “Ucore’s RapidSX(TM) technology utilizes similar chemistry to conventional SX and significantly improves the well-established, well-understood, proven conventional SX separation technology preferred by REE producers. The commissioning of Ucore’s RapidSX(TM) Demonstration Plant is underway in Kingston, Ontario, and is designed to demonstrate the commercial capabilities of its technology.”
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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’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 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.
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