Ucore Rare Metals Inc. UURAF Archives - Page 6 of 10

ThursdayJul 13, 2023 12:02 pm

QualityStocksNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Conducts Initial DoD Post-Award Conference

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has conducted the initial programmatic post-award conference with the U.S. Department of Defense (“DoD”) for the company’s recently announced US$4 million other transaction agreement (“OTA”). According to the update, the Rare Earth Element (“REE”) Separation Technology Capabilities Prototype Project, administered by the U.S. Army Contracting Command-Orlando (“ACC-ORL”), is taking place at Ucore’s RapidSX(TM) Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario. The project is utilizing the company’s 52-Stage RapidSX(TM) Demonstration Plant (“Demo Plant”) for the separation of mixed heavy and light REE concentrate feedstocks. “Ucore is very pleased to have been awarded this…

ThursdayJul 13, 2023 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) RapidSX(TM) Technology Offers Best Solution for Current and Possible Future Chinese Export Restrictions

China has demonstrated their intension to weaponize access to critical metals, with restrictions on germanium and gallium scheduled for August, and rare earth metals used in permanent magnets could be next China accounts for 90% of the gallium and 80% of the germanium supply exports used in the United States and other European countries Gallium and germanium are two materials important for the production of semiconductor chips, and China’s control of the market makes it exceedingly difficult for secure production without a North American supply Ucore’s RapidSX(TM) technology utilizes similar chemistry to conventional SX and significantly improves the well-established, well-understood,…

MondayJul 03, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Set to Control North America’s REE Supply Chain Amid Call For Economically and Environmentally Sound Approach

Ford Motor Co. recently announced a $9.2 billion government loan for constructing three battery factories in the U.S. This is seen as a move that seeks to stir the growth of domestic EV battery manufacturing in the country in response to the growing demand for green technologies Ucore recognizes this demand, and through its transformative commercial-ready technology, RapidSX(TM), it looks to satisfy it and take control of the North American REE supply chain The company is well aware of the developments within its industry and is well positioned to take advantage of them and become the undisputed leader in the…

ThursdayJun 29, 2023 1:37 pm

QualityStocksNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Acquires New Feedstock for Incorporation into Commissioning Process for RapidSX(TM) Demo Plant

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced the acquisition of its third mixed rare earth element (“REE”) chemical concentrate at the company's Kingston, Ontario-based RapidSX(TM) Commercialization and Demonstration Facility (“CDF”). According to the announcement, a U.S. mineralization source supplied the light REE feedstock that will be incorporated into the commissioning process for the 52-Stage RapidSX(TM) Demonstration Plant for the separation of mixed heavy and light REE chemical concentrates. “We believe that Ucore’s Kingston, Ontario, Demo Plant is currently the largest heavy REE separation plant in North America. It is capable of processing tens of tonnes of light and…

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…

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