Ucore Rare Metals Inc. is pleased to provide an update on its latest advancements associated with the commercialization of its RapidSX™ rare earth separation technology. In addition to demonstrating its patent-pending RapidSX™ technology platform at the Commercialization and Demonstration Facility in Kingston, Ontario, for the separation of heavy and light rare earth elements , the Company is trialing a number [...]
Key Objectives: Work to establish a binding offtake agreement for the supply of mixed rare earth carbonates from Australia to the USA through enhanced collaboration Establish an investment pathway for Ucore into ABx Bolster relationships between the United States and Australia as both countries strive to enhance critical minerals and clean energy projects ABx Group and Ucore Rare Metals Inc. are pleased to announce the [...]
Ucore Rare Metals Inc. advises that an aggregate of 965,000 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 $0.70 per share and the options expire five years from September 2, 2024, the date of grant. One third of the options will vest after six months, with one [...]
Meteoric Resources NL and Ucore Rare Metals Inc. announce the August 2024 execution of a memorandum of understanding for the supply of 3,000 metric tonnes of total rare earth oxide from Meteoric's forthcoming Caldeira Rare Earth Ionic Clay Project in the Minas Gerais State of Brazil to Ucore's developing Alexandria, Louisiana, USA, rare earth oxide production facility, the Louisiana Strategic Metals Complex . Meteoric is [...]
Ucore Rare Metals Inc. announces: The execution of a memorandum of understanding with Cyclic Materials for the future supply of recycled mixed rare earth oxide : trial quantities to support its rare earth demonstration program at its RapidSX™ Commercialization and Demonstration Facility in Kingston, Ontario as an intended long-term source for Ucore's developing commercial rare earth element separation and oxide [...]
Ucore Rare Metals Inc. is pleased to announce amendments to, and the extension of, certain debt agreements with Orca Holdings, LLC . Immediately following specified amendments and extensions to debt arrangements between the parties, which are described in Ucore's press release dated December 22, 2023, the Company was party to two short-term secured lines of credit from Orca in the maximum principal amount of USD$2.0 [...]
Ucore Rare Metals Inc. is pleased to comment on the US Government's announcement to strengthen the developing American electric vehicle market through increased tariffs on imports from the People's Republic of China to protect American workers and businesses. On May 14, 2024, the White House announced: "With extensive subsidies and non-market practices leading to substantial risks of overcapacity, China's exports of EVs [...]
Ucore Rare Metals Inc. announces: the completion of initial testing of a rare earth carbonate sample generated from Defense Metals' Wicheeda Project in British Columbia; and determination of the suitability of the Wicheeda Project's mixed rare earth carbonate product for commercial-scale processing with Ucore's RapidSX™ technology. Ucore Rare Metals Inc. is pleased to announce continued progress toward collaborative [...]
Ucore Rare Metals Inc. is pleased to announce amendments to certain previously-issued convertible debentures with a current maturity of May 31, 2024 , and further amendments to certain debt agreements with Orca Holdings, LLC . The 2020 Convertible Debentures were originally sold and issued by the Company in May 2020. These unsecured 2020 Convertible Debentures bear interest at a rate of 7.5% payable semi-annually. At any [...]
Ucore Announces: Successfully separating holmium through lutetium from lanthanum through dysprosium on a scale of 1000s of liters and above the targeted purity of 99% with its RapidSX™ technology Demo Plant Completion of second DOD Project Milestone Ucore Rare Metals Inc. is pleased to report that it has completed the second milestone outlined in its US$4 million Other Transaction Agreement with the US Department of [...]
Ucore Rare Metals Inc. is pleased to announce that it will be attending the 2024 Prospectors & Developers Association of Canada Conference in Toronto, Ontario from March 3-6, 2024. Ucore representatives will be available at the PDAC Investors Exchange, Booth #2110 from Sunday, March 3 to Wednesday, March 6 and welcome the opportunity to update investors and other stakeholders on recent developments. Further, Ucore's [...]
Ucore Rare Metals Inc. is pleased to announce the closing of a second and final tranche of its previously announced non-brokered private placement of convertible debentures in the amount of $480,000 for cumulative gross proceeds of $1.99 million . The net proceeds from the Offering are to be used for general working capital purposes. Pursuant to the Second Closing, the Company has issued 480 Debentures, in addition to the [...]
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