Ucore Rare Metals Inc. is pleased to provide an update on the Company's recently announced intention to exercise its binding option to purchase IBC Advanced Technologies, Inc. of American Fork, Utah . Ucore has retained the services of the international law firm of Dorsey & Whitney LLP as the Company's U.S. legal counsel to facilitate the [...]
Ucore Rare Metals Inc. is pleased to report that it has initiated the consultation process with local government officials on the planned construction of the Alaska Strategic Metals Complex , to be located in Ketchikan Gateway Borough in Southeast Alaska. The commencement of consultations is yet another milestone in the overall process of [...]
Ucore Rare Metals, Inc. is pleased to announce its intention to exercise its Option to Purchase IBC Advanced Technologies Inc. in accordance with the terms previously agreed to by Ucore, IBC, and majority shareholders of IBC, and embodied in the Option to Purchase Agreement dated March 14, 2015, as amended on June 1, 2016 . Pursuant to the terms of [...]
Ucore Rare Metals Inc. is pleased to announce that it has entered financing discussions with the Alaska Industrial Development and Export Authority for Ucore's Strategic Metals Complex , as the initial phase of Ucore's overall Bokan-Dotson Ridge Rare Earth Mine Project . The commencement of discussions has been documented by a Letter of Support [...]
Ucore Rare Metals Inc. is pleased to announce that it has accepted an invitation to join the Critical Materials Institute . Established in 2013, CMI is an operating unit of Ames Laboratory, a US Department of Energy national laboratory located in Ames, Iowa. The mission of CMI is to develop solutions to domestic shortages of Rare Earth Elements and [...]
Ucore Rare Metals Inc. is pleased to announce it has contracted with R&M Engineering-Ketchikan, Inc. of Ketchikan, Alaska to commence with the required due diligence regarding the purchase agreement of a comprehensive land package for the Company's forthcoming rare earth and strategic metals refinery and separation plant in Southeast Alaska, the [...]
Ucore Rare Metals Inc. is pleased to announce it has entered into an agreement to purchase a comprehensive land package for the development of the Company’s forthcoming rare earth and strategic metals refinery and separation plant in Southeast Alaska-based . The development site is located on the North Tongass Highway, Ketchikan, AK [...]
Ucore Rare Metals Inc. applauds Congress for including significant funding for further research and development of domestic rare earth resources in the Energy and Water, Legislative Branch, and Military Construction and Veterans Affairs Appropriations Act, 2019. The bill comprises $727 million for Fossil Energy Research and Development, which [...]
Ucore Rare Metals Inc. is pleased to comment on the John S. McCain National Defense Authorization Act for Fiscal Year 2019, which was yesterday signed into law by the President of the United States. The new legislation prohibits the U.S. Department of Defense from acquiring Rare Earth Magnets from China. “This is a turning-point in the [...]
HALIFAX, Nova Scotia, July 31, 2018 -- Ucore Rare Metals Inc. is pleased to announce that Michael O. Barry, the current Chairman of the Board of Alaska Power & Telephone Inc. and former Chairman of the Board of the Alaska Industrial Development & Export Authority has accepted an appointment to the Ucore Advisory Board. In addition to his tenures at [...]
HALIFAX, Nova Scotia, July 26, 2018 -- Ucore Rare Metals Inc. is pleased to comment on the filing of the Fiscal Year 2019 National Defense Authorization Act by the Committees on Armed Services of the Senate and the US House of Representatives. The bill is expected to be passed by both chambers of Congress over the next few days1.The legislation [...]
Ucore Rare Metals is pleased to comment on recent initiatives by the Trump Administration to bolster United States rare earth element supply-chains. The U.S. Trade Representative last week provided notice of an initial action under Section 301 of the Trade Act of 1974 to levy a 10% incremental tariff on all REE and associated alloys purchased by [...]