Ucore Rare Metals Inc. UURAF Archives - Page 2 of 9

WednesdayDec 20, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Gets Tax Exemption for US REE Processing Project, Subcontractors Also Selected

Canadian metals supply company Ucore Rare Metals Inc. is focused on establishing North American independence in the production of rare earth elements (“REEs”) vital to modern computerized technologies China currently dominates the global market for mining, processing and product creation for REEs, raising concerns that governmental controls over its industries could hamstring supplies Western nations need for everything from cell phones to fighter jet parts Ucore is preparing to establish commercial operations for REE refining and processing using the company’s trademarked RapidSX(TM) solution, which has demonstrated significant economical and environmental improvement over the standard SX separation technology The company recently…

TuesdayDec 12, 2023 12:50 pm

QualityStocksNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Industrial Tax Exemption Program for LA-SMC Project

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced a series of significant updates regarding the ongoing development of its rare earth element (“REE”) processing refinery, the Louisiana Strategic Metals Complex (“LA-SMC”) in Alexandria, Louisiana. According to the announcement, the Governor of Louisiana, Jon Bel Edwards, has executed the contract for exemption of ad valorem taxes for Ucore’s SMC project. The Industrial Tax Exemption Program (“ITEP”) provides the company up to a 10-year exemption (five-year initial term at 80% and five-year renewal term at 80%), which will result in an estimated $8.2 million in projected tax savings for Ucore during…

TuesdayDec 12, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) at Forefront of Race to Develop Western Rare Earth Refining Solutions

A recent Reuters report focused its attention on rare earth mining companies’ efforts to strengthen American self-sufficiency in the production of natural elements vital to modern computerized products Rare earth element (“REE”) enterprise Ucore Rare Metals Inc. is gaining attention as a company focused on the refining of already mined rare earths to specialize in a particular sector of the supply chain, using its proprietary RapidSX(TM) technology The rare earth supply chain has been a subject of concern for years because of China’s near-monopoly on mining, refining, and production, for permanent magnets, strategic because of their use in a wide…

FridayDec 08, 2023 3:45 pm

QualityStocksNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Continues Proving Technical Superiority of Its RapidSX(TM) Platform

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the exploration for rare earth elements (“REEs”) in Canada and the U.S., as well as the associated development of superior separation and scalable production technologies, recently announced a technical update on its important RapidSX(TM) Demonstration Plant in Kingston, Ontario. “The update marks a significant milestone for the company and will allow it to ‘discreetly quantify the previous qualitative attributes of the RapidSX(TM) technology platform and the resulting rare earth element products,’” reads a recent article. “Over the first two years in Kingston, we proved the technical superiority of our…

WednesdayDec 06, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Advances Solution to Chinese Controls on REE Supply Chain

Strategic metals supply chain innovator Ucore Rare Metals Inc. has developed a proprietary technology it expects to improve rare earth element (“REE”) processing, and is preparing for commercial use of its solution The REE supply chain has become a matter of concern to Western governments as well as private industry because of the tremendous market dominance enjoyed by the People’s Republic of China and fears China will exploit that dominance with increasing export restrictions Ucore is currently demonstrating the ability of its RapidSX(TM) REE processing solution to match and / or exceed the capacity of industry-standard CSX processing technology while…

MondayDec 04, 2023 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Celebrates Canada’s Decision to Add $4.28 Million in Funding to REE Separation Tech Development

Canada-based strategic metals innovator Ucore Rare Metals Inc. recently received word that the Canadian government will provide $4.28 million in non-dilutive, non-repayable funding to the company’s ongoing rare earth element (“REE”) separation technology development REEs are critical to the production of permanent magnets used in computerized technologies ranging from cell phones to national interests such as renewable energy infrastructure and military defense machinery China currently dominates the global market for mining, processing, and product creation for REEs, which underscores Western governments’ interests in developing an independent supply chain for REEs Canada’s award will help fund demonstration of Ucore’s RapidSX(TM) capabilities…

FridayDec 01, 2023 1:15 pm

QualityStocksNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Looking to Deploy Technology to Pursue Independent Critical Metals Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has developed a superior commercial-ready technology, RapidSX(TM), for separating and purifying critical metals. “Ucore intends to deploy its technology to pursue a critical metals supply chain independent of China and Western companies for use by the many industries dependent upon REE-based components… RapidSX combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform that significantly reduces the time to completion and plant footprint. SX is the industry standard used today and is used by all REE producers worldwide for bulk separation of both heavy and light REEs,” reads a…

TuesdayNov 21, 2023 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Makes Visionary Pitch for Domestic REE Supply Chain at Fall Mining Showcase 2023

Rare earth element (“REE”) enterprise Ucore Rare Metals Inc. is developing an innovative separation technology for REEs critical to modern computer technologies The company is preparing to advance the operational machinery being used to demonstrate Ucore’s proprietary RapidSX(TM) solution side-by-side with conventional separation technology, designing a similar commercial operation that will begin commissioning next year in Louisiana China currently dominates the global market for mining, processing, and product creation for REEs, leading to American concerns about vulnerability to price and supply policies controlled by China’s government Ucore has received a $4 million award from the U.S. Department of Defense to…

FridayNov 17, 2023 2:01 pm

QualityStocksNewsBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) Proprietary RapidSX(TM) Expected to Improve Standard CSX Solvent Refining Process

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is positioning its proprietary RapidSX(TM) solvent extraction solution to overcome the obstacles in refining metals vital to modern, greener technology. “RapidSX(TM) is expected to match and improve on the standard CSX solvent refining process used by China in its market-dominating extraction of rare earth elements (‘REEs’) from mined product to prepare them for use in high-grade magnets that convert power into motion for modern technologies that range from smartphones to electric vehicles and F-35 fighter jets. Ucore has been proving RapidSX(TM) against the standard CSX process at a demonstration plant in Ontario and…

WednesdayNov 15, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) To Quantify Previous Attributes of its RapidSX(TM) Technology Platform Following Technical Update on Louisiana Demo Plant

Ucore, a company engaged in the exploration for plus separation and scalable production of REEs, just announced a technical update on its RapidSX(TM) Demonstration Plant in Kingston, Ontario Mike Schrider, the company’s VP and COO, lauded this milestone, noting how it ultimately led to optimizing the chemistry delivery and feedback systems to and from the RapidSX(TM) platform within the plant These steps will lead the way to demo plant commercialization, scale-up, and technology transfer, for its developing 7,500 tonnes per annum (ex-cerium and ex-yttrium) REE separation plant - the Louisiana Strategic Metals Complex ("LA-SMC") in Alexandria, Louisiana Ucore Rare Metals…

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