- Canada-headquartered critical metals company Ucore Rare Metals Inc. is in the process of demonstrating its flagship rare earth element (“REE”) separation technology and is preparing to begin construction on its first commercial-scale processing facility later this year
- Ucore’s proprietary RapidSX(TM) solvent extraction process will provide a unique advantage to the standard SX extraction process used for REEs throughout the world, using the same elements as SX but rapidly accelerating production time
- Rare earths are vital elements for modern high-powered technologies ranging from cell phones to electric vehicle magnets
- China currently controls the REE separation market and Ucore’s plans are poised to secure a North American production base free of potential conflicts with adversarial nations
Rare earth metals production has become a vital interest to North American business as well as national defense program technologies in North America because of their foundational use in commonly used items such as smartphones, digital cameras, LED lights and flat screen TVs, plus clean energy tech such as electrical vehicle magnets and steel alloys used in a wide variety of items (https://ibn.fm/gVwgL).
Canada-based Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is aggressively working to become a leader in solutions for improving the separation of rare earth elements (“REEs”) from their mined ores in order to secure a stronger position for American REE production, Ucore CEO Pat Ryan noted in a recent…
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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