Ucore Rare Metals Inc. UURAF Archives - Page 6 of 9

TuesdayJun 27, 2023 9:00 am

Brokered Offering to Help Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Finance Projects Key to North American REE Supply Chain

Rare earth elements (“REEs”) are metals in high demand for modern technologies ranging from phones to F-35 jets China currently maintains a commanding global control over the world’s REE supply chain, from mining to production, and has generated international controversy by introducing price increases and export restrictions The European Union imports 98 percent of its REE supply and the United States imports 78 percent of its REE supply from China Canada-based Ucore Rare Metals Inc. is demonstrating an REE process technology it regards as an improvement on the standard processing technology used by China, and Ucore intends to use its…

WednesdayJun 21, 2023 9:45 am

Audio Broadcast Details Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Achievements in Sustaining Domestic REE Production

Ucore Rare Metals Inc. is a critical metals process developer intent on establishing North American-based resources for rare earth element (“REE”) production The company has developed its trademarked RapidSX(TM) process for separating REEs from ore deposits, describing it as a faster and more environmentally friendly solution than the industry standard process Ucore regards the establishment of a North American-based supply chain for REEs as a critical need to maintain the industry’s independence from China-dominated sourcing and processing The U.S. Department of Defense recently awarded Ucore $4 million to demonstrate the capabilities of RapidSX(TM) A new NetworkNewsWire (“NNW”) audio broadcast and…

TuesdayJun 20, 2023 11:36 am

QualityStocksNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Featured in The Power Play by The Market Herald Interview

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) was featured in a new interview released by The Power Play by The Market Herald. The company’s CEO Pat Ryan joined host Coreena Robertson to discuss Ucore’s latest news. “Ucore Rare Metals Inc. has entered into an engagement letter with Research Capital Corporation, on behalf of a syndicate of agents, including Canaccord Genuity Corp. and Echelon Wealth Partners Inc., in connection with a ‘best efforts' agency basis private placement of units of the company at a price of $1.00 per unit for minimum gross proceeds of $4.0 million and maximum gross proceeds of…

FridayJun 16, 2023 2:09 pm

QualityStocksNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Accelerates Efforts to Establish North American REE Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals production innovator, is accelerating its efforts to establish a North American-focused supply chain for rare earth elements (“REEs”). The company announced in April that it had reached an agreement to lease an 80,800 square-foot brownfield facility in Alexandria, Louisiana, for its first Strategic Metals Complex (‘SMC’) facility for REE separation and oxide production. “The company has strengthened its financial position and is working to fulfill plans to launch construction of the Louisiana SMC this year, building to a production capacity of 2,000 metric tons of total rare earth oxides in…

TuesdayJun 13, 2023 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Finalizes Department of Defense $4 Million Agreement for Demonstrating Critical REE Solution

Canada-based Ucore Rare Metals Inc. is devoted to establishing a North American-based supply chain for rare earth elements to reduce the Western hemisphere’s dependence on China’s market-dominant industries for modern technologies The company has developed a trademarked process for separating rare earths from their surrounding ores Ucore is preparing to begin construction of a commercially scalable facility in Louisiana for using its solution The U.S. Department of Defense awarded the company $4 million in an agreement this month that calls on Ucore to demonstrate the capabilities of its technology and the company’s ability to use it for sustaining North American…

TuesdayJun 06, 2023 12:48 pm

QualityStocksNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Awarded $4M OT Agreement from US-DoD

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced that through its wholly owned subsidiary, Innovation Metals Corp. (“IMC”), the company has been awarded a firm-fixed-price $4 million other transaction agreement* (“OT agreement” or “award”) by the U.S. Army Contracting Command-Orlando (“ACC-ORL” or “US-DoD”). The OT agreement is to conduct a Rare Earth Element (“REE”) Separation Technology Capabilities Prototype Project at the company’s RapidSX(TM) Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario. Ucore will utilize its 52-Stage RapidSX(TM) Demonstration Plant for the separation of mixed heavy and light REE concentrate feedstocks. “We believe that Ucore has one of the West’s…

TuesdayJun 06, 2023 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) To Play Key Role in North American Push to Control its Rare Earth Critical Metals Destiny

Canada-based Ucore Rare Metals Inc. is preparing to begin construction on a rare earth element (“REE”) processing plant in Louisiana that it says will be the first REE separation facility to operate at commercial scale in North America Currently, China dominates both REE feedstock supply and REE processing capacity on a global basis, generating concerns that it can control the world’s ability to build modern technologies and use its control to retaliate against countries in adversarial situations Modern technologies that rely on REEs for crucial magnets in their composition include phones, computers, household appliances, electric vehicles, solar panels, and wind…

MondayMay 22, 2023 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Targets Beijing Influence Over Global Rare Earth Industry; Doubles Down on its North American Investment

China currently commands approximately 90% of rare earth metals, alloys, and permanent magnets, along with 85% of the world’s rare earth oxides This dominance has seen Beijing demonstrate a willingness to leverage it in pursuit of political objectives Countries have resorted to looking elsewhere for the supply of rare earths, and Ucore is building to satisfy that demand in North America Its recent announcement of a $75 million investment in CapEx over the next four years reflects the company’s understanding of the North American REE market and the value that the investment will create for its shareholders Ucore Rare Metals…

FridayMay 19, 2023 3:33 pm

QualityStocksNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Unlocking Resources for Downstream Customers

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals company, is aggressively working to become a leader in solutions for improving the separation of rare earth elements (“REEs”) from mined ores in order to secure a stronger position for American REE production. “The key to Ucore’s solution is its development of a solvent extraction process that will not only be the only one based in the Western Hemisphere, but that will be superior to the universally used SX (also known as CSX) extraction process. Ucore’s RapidSX(TM) process is at least three times more efficient than the SX standard, requires…

WednesdayMay 17, 2023 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Bets Big on the Rare Oxide Market; Grants Stock Options and Announces $75 Million Investment into Flagship REE Separation and Purification Facility

Ucore has set out to capitalize on critical mid-market separation of REE through its transformative RapidSX(TM) technology in a bid to address China’s dominance in the rare oxide market The company is confident in its approach and has even committed to investing $75 million in CapEx over the next four years to establish North America’s first modern REE separation and purification facility Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals (“CM”) separation technology company, understands the potential of the rare oxide market and the stake that China currently holds. According to CEO Pat Ryan, this industry is expected…

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