Ucore Rare Metals Inc.

Ucore Rare Metals Inc. announced its plans to complete a non-brokered private placement of approximately 3.1 million units for total proceeds of $2 million. The Company is pleased to announce that it has received subscription agreements for in excess of $4.2 million and that the Company intends to increase the size of the Offering and accept these additional orders. Proceeds from the Offering are expected to be used [...]

Ucore has received ≈2 tonnes of high-purity heavy rare earth element feedstock at its Kingston, Ontario, RapidSX™ Commercial Demonstration Plant HREE feedstock is the most coveted and difficult to separate of the rare earth feedstocks The Company will utilize this feedstock and a light rare earth element feedstock for the two planned initial commissioning trials of the Demo Plant's 51-stage RapidSX&TRADE [...]

Ucore Rare Metals Inc. announced its plans to complete a non-brokered private placement of approximately 3.1 million units for total proceeds of $2 million. The Company is pleased to announce that it has received expressions of interest that are expected to result in subscriptions for Units from accredited investors in an amount in excess of the previously announced $2 million limit and that the Company intends to [...]

Ucore Rare Metals Inc. is pleased to announce plans to complete a non-brokered private placement of approximately 3.1 million units for total proceeds of $2 million. Proceeds from the Offering are expected to be used towards the commissioning of the Company's planned RapidSXTM demonstration plant; the processing of initial feedstock through the demonstration plant; finalization of offtake and feedstock agreements [...]

Ucore: has narrowed down the Louisiana SMC site selection process to three existing brownfield facilities in Southwest and Central Louisiana and Mech-Chem Associates, Inc. executives will be visiting each of the prospective locations and meeting with state and local officials in mid-December intends to select a location in Q1-2023 to maintain the development schedule required by prospective OEM partners [...]

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 [...]

The proposed incentive package from Louisiana includes US$9.6M in tax incentives and payroll rebates over the first ten years of operation. Upon specific site selection: potential additional state and local economic and workforce incentives an expedited process for all required state permits Ucore's Board of Directors has unanimously agreed to commit the Company toward establishing its first Strategic Metals Complex in [...]

The proposed incentive package from Louisiana includes US$9.6M in tax incentives and payroll rebates over the first ten years of operation. Upon specific site selection: potential additional state and local economic and workforce incentives an expedited process for all required state permits Ucore's Board of Directors has unanimously agreed to commit the Company toward establishing its first Strategic Metals Complex in [...]

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 [...]

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 . All RapidSX™ splits required to produce individual praseodymium, neodymium, terbium, and dysprosium. Planned commissioning in [...]