Ucore Rare Metals Inc. advises that an aggregate of 2,325,000 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 $0.85 per share and the options expire five years from August 9, 2022, the date of grant. One third of the options will vest after six months, with one third [...]
Orca Holdings, LLC provides a Line of Credit Facility in the amount of USD$2 million The primary use of funds is for the continued construction of Ucore's rare earth element Commercial Demonstration Plant and its planned Q4-2022 commissioning Ucore Rare Metals Inc. is pleased to announce the receipt of financing by way of a secured line of credit facility in the amount of up to USD$2 million . Proceeds from the Line of [...]
Ucore's enhanced Demo Plant will be able to process: Tens of tonnes of mixed rare earth concentrates on a per annum basis. Many feedstock sources, including planned light and heavy rare earth element feedstocks for the Strategic Metals Complexes . All RapidSX™ splits required to produce individual praseodymium, neodymium, terbium, and dysprosium. Planned product qualification trials in Q4-2022 for prospective North [...]
Ucore Rare Metals Inc. will lead a diverse international panel covering: the need for self-sufficient and sustainable new supply chains in the West the role of Western technologies and superior environmental standards in the shift to an independent critical materials supply chain Moderated by Tracy Weslosky on the InvestorIntel.com stage on June 14, 2022, at 3 p.m. at PDAC 2022 Ucore Rare Metals Inc. is pleased to [...]
Ucore Rare Metals Inc. is pleased to comment on the recent increasing interest in uranium as an energy source and also current interest in Ucore's not-often-mentioned Ross-Adams mine property , a former producing uranium mine located on the Ross-Adams portion of Ucore's Alaskan mineral property . The Property is located on Prince of Wales Island, approximately 38 miles southwest of Ketchikan, Alaska, USA, near the west [...]
Ucore's subcontracted geological team, Aurora Geosciences Ltd., is mobilizing for deployment to the Bokan Mountain Complex during the week of May 9, 2022, for Ucore's Summer 2022 Resource Upgrade Program, a program intended to: upgrade the Bokan-Dotson Ridge Zone Mineral Resource estimate from the current ≈18% Indicated and ≈82% Inferred classifications to include a ≈17% to 20% Measured [...]
Ucore Rare Metals Inc. is pleased to report the positive conclusions of a multi-phase, independent, third-party technical review of RapidSX™ technology prepared by Dr. Ahmad Ghahreman of AG Hydrometallurgy Services Inc. as a noted subject-matter-expert1. With a focus on the technical assuredness, benefits, and scalability of the RapidSX™ technology specifically for the separation of rare earth elements for the production [...]
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 [...]
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