Ucore Rare Metals Inc. , is pleased to announce that the Company has been awarded $500,000 in partnership with Ontario's Critical Minerals Innovation Fund . The non-dilutive funding contribution is for the advancement of the Continuous Improvement Process at the Company's RapidSXTM Commercial Demonstration Facility in Kingston, Ontario. "Investing in critical mineral advancements, like Ucore Rare Metals Inc.'s innovative [...]
Ucore Rare Metals Inc. is pleased to advise that the US Department of Defense has approved modifications to the Company's existing Other Transaction Agreement and the corresponding payment of US$1.8 million for the completion of milestones under the Award. The Award was made through the Company's wholly owned subsidiary, Innovation Metals Corp., to conduct rare earth element separation work at the Company's RapidSXTM [...]
Ucore's proposed Louisiana rare earth refining facility is located within the England Airpark & Community, a Foreign Trade Zone. Foreign Trade Zones have the potential to mitigate the impact of proposed tariffs on the import and export of rare earth products. Ucore Rare Metals Inc. , noting the recent news about potentially increased tariffs, comments on the value of its new Strategic Metals Complex in the favorable [...]
Ucore Rare Metals Inc. announces that the Company intends to extend the term of a total of 7,055,795 common share purchase warrants . The Warrants were originally issued pursuant to a non-brokered private placement of the Company, which closed on December 22, 2022. Each Warrant is exercisable at a strike price of $0.85, with an original 24-month term. The Company intends to extend the expiry date for these Warrants by 12 [...]
Ucore Rare Metals Inc. is pleased to announce that has closed its previously announced non-brokered private placement offering of 4,803,329 units at a price of $0.50 per Unit for gross proceeds of $2,401,665 . Each Unit consists of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share for a period of 24 [...]
Ucore Rare Metals Inc. is pleased to announce that it is proposing to complete, and has accepted subscription agreements for, a non-brokered private placement offering of 4,803,329 units at a price of $0.50 per Unit for gross proceeds of $2,401,665 . Each Unit will consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each Warrant will entitle the holder thereof to [...]
Ucore Rare Metals Inc. is pleased to update on its US$4 million Other Transaction Agreement with the US Department of Defense . The work is taking place at the Company's Commercialization and Demonstration Facility in Kingston, Ontario, utilizing its 52-Stage RapidSX™ Demonstration Plant for the separation of mixed heavy and light rare earth elements from a mixed rare earth oxide . Figure 1 - Ucore's 52-stage [...]
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 [...]
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