Ucore's Rare Earth Commercial Demo Plant On-Track for December 2022 Commissioning
Ucore's rare earth element commercial demonstration plant is designed to process:Tens of tonnes of mixed rare earth concentrates on a per annum basis. Multiple feedstock sources, including heavy and light rare earth element feedstocks planned for the full-scale Louisiana Strategic Metals Complex. All RapidSX™ splits required to produce individual praseodymium, neodymium, terbium, and dysprosium. Planned start of commissioning during the week of December 19, 2022, followed by feedstock...
2022-11-16 7:51 AM EST
RETRANSMISSION: The US State of Louisiana Offers C$15M+ Incentive Package for Ucore's First RapidSX Rare Earth Processing Facility - the Louisiana SMC
Halifax, Nova Scotia--(Newsfile Corp. - October 18,
2022-10-18 7:00 AM EDT
The US State of Louisiana Offers C$15M+ Incentive Package for Ucore's First RapidSX Rare Earth Processing Facility - the Louisiana SMC
Halifax, Nova Scotia--(Newsfile Corp. - October 17,
2022-10-17 4:19 PM EDT
Ucore Updates on Bokan 2022 Field Sampling Program
Ucore continues to advance its Bokan project as a long-range heavy rare earth source to eventually complement the planned Western feedstock sources for its near-term Strategic Metals Complexes. A summary of the 2022 field sampling program: Two new ≈25-ton bulk samples were collected from the western portion of the main Dotson Ridge mineralized zone A total of 31 new sites across the entire Dotson Ridge mineralized zone were channel sampled and consisted of 137 samples The geological team...
2022-10-06 7:30 AM EDT
Ucore's Rare Earth Separation Commercial Demonstration Plant On-Track for Q4-2022 Commissioning
Ucore's rare earth separation commercial demonstration plant is designed to process:Tens of tonnes of mixed rare earth concentrates on a per annum basis. Many feedstock sources, including heavy and light rare earth element feedstocks planned for the full-scale Strategic Metals Complexes (SMC). All RapidSX™ splits required to produce individual praseodymium, neodymium, terbium, and dysprosium. Planned commissioning in Q4-2022, followed by product qualification trials for prospective North...
2022-09-15 8:59 AM EDT
Ucore Grants Incentive Stock Options
Halifax, Nova Scotia--(Newsfile Corp. - August 10, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") advises that an aggregate of 2,325,000 options have been granted to directors, officers, employees and consultants of the Company, subject to the approval of the TSX Venture Exchange. The options are exercisable into common shares at a price of $0.85 per share and the options expire five years from August 9, 2022, the date of grant. One third of the options...
2022-08-10 2:00 PM EDT
Ucore Secures Line of Credit Financing, Maintains Its Fast Track Plan for RapidSX Commercial Deployment
Halifax, Nova Scotia--(Newsfile Corp. - July 21, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce the receipt of financing by way of a secured line of credit facility in the amount of up to USD$2 million (the "Line of Credit"). Proceeds from the Line of Credit will primarily be used to con
2022-07-21 8:51 AM EDT
Ucore Upscales its REE Demo Plant Capabilities and Streamlines the RapidSX Commercial Deployment Plan
Halifax, Nova Scotia--(Newsfile Corp. - July 12,
2022-07-12 7:33 AM EDT
Ucore Hosts 'Secure Supply Chains' Panel at PDAC 2022 - Rare Earths and other Critical Metals
Halifax, Nova Scotia--(Newsfile Corp. - June 13, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that
2022-06-13 8:22 AM EDT
Ucore Comments on Uranium and Recent External Interest in Ucore's Ross-Adams Uranium Mine Property
Halifax, Nova Scotia--(Newsfile Corp. - June 8, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to comment on the recent increasing interest in uranium as an energy source and also current interest in Ucore's not-often-mentioned Ross-Adams mine property (the "Mine"), a former producing uranium mine located on the Ross-Adams portion of Ucore's Alaskan mineral property (the "Property"). The Property is located on Prince of Wales Island,...
2022-06-08 7:30 AM EDT
Ucore Mobilizes Geological Crew to Bokan Mountain as Prices for Heavy Rare Earth Oxides Continue to Rise
Ucore's subcontracted geological team, Aurora Geosciences Ltd., is mobilizing for deployment to the Bokan Mountain Complex during the week of May 9, 2022, for Ucore's Summer 2022 Resource Upgrade Program, a program intended to: upgrade the Bokan-Dotson Ridge Zone Mineral Resource estimate from the current ≈18% Indicated and ≈82% Inferred classifications to include a ≈17% to 20% Measured classification later in 2022 by: obtaining ≈50 additional channel samples along the ≈2 km exposed vein...
2022-05-10 7:30 AM EDT
Ucore Announces Successful Independent Expert Evaluation of RapidSX Rare Earth Separation Technology
Halifax, Nova Scotia--(Newsfile Corp. - April 27, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to report the positive conclusions of a multi-phase, independent, third-party technical review of RapidSX™ technology (the "Independent Evaluation" or the "Evaluation") prepared by Dr. Ahmad Ghahreman of AG Hydrometallurgy Services Inc. ("AGHS") as a noted subject-matter-expert1. With a focus on the technical assuredness, benefits, and scalability...
2022-04-27 8:00 AM EDT
Ucore And thyssenkrupp Materials Trading Unterzeichnen Absichtserklärung Für Die Belieferung des SMC in Alaska Mit Rohmaterial
Wichtige Eckdaten Ucore errichtet derzeit im Südosten Alaskas den 'Alaska Strategic Metals Complex' (SMC) für die Verarbeitung von Seltenerdmetallen thyssenkrupp Materials Trading GmbH hat mit bestehenden und im Aufbau befindlichen Produzenten von Seltenerdkonzentraten, -karbonaten und -oxiden umfassende Spotlieferverträge und Abnahmevereinbarungen abgeschlossen Der Alaska SMC soll laut Plan ab dem Jahr 2024 jährlich bis zu 2.000 Tonnen einzelner Seltenerdoxide produzieren thyssenkrupp...
2022-04-20 10:18 AM EDT
RETRANSMISSION: Ucore And thyssenkrupp Materials Trading Execute Feedstock Supply MOU For The Alaska SMC
Highlights Ucore is developing the Alaska Strategic Metals Complex (SMC) for the processing of rare earth elements in Southeast Alaska thyssenkrupp Materials Trading GmbH has extensive spot supply and offtake arrangements with existing and developing producers of rare earth concentrate, carbonates, and oxides The Alaska SMC is planned to commence production of up to 2,000 tpa of individual rare earth oxides by 2024 thyssenkrupp Materials Trading is expected to begin the supply of a minimum of...
2022-04-20 9:49 AM EDT
Ucore and thyssenkrupp Materials Trading Execute Feedstock Supply MOU for the Alaska SMC
Highlights Ucore is developing the Alaska Strategic Metals Complex (SMC) for the processing of rare earth elements in Southeast Alaska thyssenkrupp Materials Trading GmbH has extensive spot supply and offtake arrangements with existing and developing producers of rare earth concentrate, carbonates, and oxides The Alaska SMC is planned to commence production of up to 2,000 tpa of individual rare earth oxides by 2024 thyssenkrupp Materials Trading is expected to begin the supply of a minimum of...
2022-04-20 1:05 AM EDT
Ucore Streamlines the Management and Technical Teams for the Commercial Deployment of RapidSX Technology
Halifax, Nova Scotia--(Newsfile Corp. - April 19, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (FSE: U9UA) ("Ucore" or the "Company") announces a restructuring of its wholly owned subsidiary, Innovation Metals Corp.'s ("IMC") board of directors, management team, and technical development and deployment team as the companies transition to the commercial deployment of the RapidSX™ technology platform. Ucore and IMC have spent the past 2-months coordinating efforts to more closely...
2022-04-19 6:40 PM EDT
Ucore Accepts Notices of Resignation From Members of IMC Management Team as Transition Plans Occur for the Upcoming Commercial Deployment of the RapidSX Technology
Halifax, Nova Scotia--(Newsfile Corp. - February 16, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") announces that it has accepted notices of resignations from members of the senior management team of Innovation Metals Corp. ("IMC"), including, IMC Co-founder, Chairman and Chief Executive Officer, Dr. Gareth Hatch; President and Executive Director, Tyler Dinwoodie; and Chief Operating Officer and Vice President, Metallurgy, Dr. Kurt Forrester. The...
2022-02-16 8:00 AM EST
Ucore Recaps its 2021 Rare Earth Supply Chain Groundwork Accomplishments and Outlines Direction for 2022
Halifax, Nova Scotia--(Newsfile Corp. - January 20, 2022) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide the following overview of its 2021 North American rare earth element ("REE") supply chain groundwork activities, accomplishments and continuing planned direction for 2022. "Ucore has a very definitive vision and plan for an independent and comprehensive North American rare earth element supply chain," stated Pat Ryan, P.Eng., Ucore...
2022-01-20 11:24 AM EST
Ucore Provides Update on the Commercialization of IMC's RapidSX Rare-Earth-Elements Separation Technology
Halifax, Nova Scotia--(Newsfile Corp. - December 29, 2021) -
2021-12-29 7:30 AM EST
Ucore Extends Expiry Date of Long-Term Debt
Halifax, Nova Scotia--(Newsfile Corp. - December 2, 2021) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it has renegotiated the terms of its long-term debt (the "Loan") owing to Orca Holdings, LLC ("Orca") and that Orca has agreed to extend the maturity date of the Loan for 24 months to November 30, 2023. In consideration of the Loan extension and subject to the approval of the TSX Venture Exchange, one million warrants ("Warrants")...
2021-12-02 8:04 AM EST