Highlights Ucore is developing the Alaska Strategic Metals Complex 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 [...]
Highlights Ucore is developing the Alaska Strategic Metals Complex 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 [...]
Ucore Rare Metals Inc. announces a restructuring of its wholly owned subsidiary, Innovation Metals Corp.'s 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 integrate both companies into a focused commercial [...]
Ucore Rare Metals Inc. announces that it has accepted notices of resignations from members of the senior management team of Innovation Metals Corp. , 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 resignations will result in their departures from IMC [...]
Ucore Rare Metals Inc. is pleased to provide the following overview of its 2021 North American rare earth element 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 Chairman and CEO. "To accomplish this, the fundamental [...]
Independent third-party expert evaluation testing of RapidSX™ technology is complete, and the independent report describing the findings is expected in January 2022 RapidSX™ hardware design and the commercial demonstration plant engineering layout are complete Procurement of components and construction of the commercial demonstration plant are well underway Ucore is advancing its coordinated ALASKA2023 Plan, including [...]
This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. This release is being made by Randy Johnson to report information concerning holdings of Mr. Johnson and Orca Holdings, LLC in Ucore Rare Metals Inc. . Orca Holdings, LLC is wholly-owned by Mr. Johnson [...]
Ucore Rare Metals Inc. is pleased to announce that it has renegotiated the terms of its long-term debt owing to Orca Holdings, LLC 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 will be issued to Orca. Each Warrant will entitle Orca to acquire one common [...]
Ucore conducted Bokan field mapping work in September 2021 Ucore to conduct the Bokan channel and bulk sampling program during the Summer 2022 field season All required state and federal permits are now in hand for the Summer 2022 field season Ucore Rare Metals Inc. is pleased to announce that on November 10, 2021, the United States Department of Agriculture's Forest Service issued a 1-year authorization for Ucore to [...]
Highlights Ucore is developing the Alaska SMC for the processing of rare earth elements in Southeast Alaska Vital Metals is producing rare earth concentrate from its Nechalacho rare earth project in NWT, Canada Vital Metals is constructing a Rare Earth Extraction Plant to produce a mixed rare earth chemical concentrate in Saskatoon, Saskatchewan from the Nechalacho deposit The Alaska SMC is planned to commence production [...]
Ucore Rare Metals Inc. and Alaska's Southeast Conference are pleased to announce the execution of a Memorandum Of Agreement , setting forth certain nonbinding understandings and binding agreements between Ucore and Southeast Conference for the evaluation and potential establishment of a Natural Resource Development Complex. The complex will include land and a building suitable to house Ucore's rare earth element [...]
Ucore Rare Metals Inc. advises that an aggregate of 480,000 options were granted to certain directors, officers, employees and consultants of the Company, subject to the approval of the TSX Venture Exchange. The options are exercisable at a price of C$1.30 per share and expire five years from September 1, 2021, the date of grant. One third of the options will vest after six months, with one third vesting every six months [...]
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