Ucore Announces: Successfully separating holmium through lutetium from lanthanum through dysprosium on a scale of 1000s of liters and above the targeted purity of 99% with its RapidSX™ technology Demo Plant Completion of second DOD Project Milestone Ucore Rare Metals Inc. is pleased to report that it has completed the second milestone [...]
Ucore Rare Metals Inc. is pleased to announce that it will be attending the 2024 Prospectors & Developers Association of Canada Conference in Toronto, Ontario from March 3-6, 2024. Ucore representatives will be available at the PDAC Investors Exchange, Booth #2110 from Sunday, March 3 to Wednesday, March 6 and welcome the opportunity to update [...]
Ucore Rare Metals Inc. is pleased to announce the closing of a second and final tranche of its previously announced non-brokered private placement of convertible debentures in the amount of $480,000 for cumulative gross proceeds of $1.99 million . The net proceeds from the Offering are to be used for general working capital purposes. Pursuant to [...]
Ucore Rare Metals Inc. is pleased to host Canadian Government officials at its RapidSX™ Commercialization and Demonstration Facility in Kingston, Ontario, for the formal announcement of $4.2 million of funding through Natural Resources Canada's Critical Minerals Research, Development and Demonstration program. This funding program was [...]
Ucore Rare Metals Inc. is pleased to announce a closing of its previously announced non-brokered private placement of new convertible debentures for aggregate gross proceeds of $1.5 million . Proceeds from the Offering are to be used for general working capital purposes. Pursuant to the Offering, the Company has issued 1,510 convertible debentures [...]
Ucore Rare Metals Inc. is pleased to announce that it has been invited to present at the Mine to Magnet Workshop presented by the National Defense Industry Association on January 16 and 17, 2024, and hosted by Lockheed Martin. Ucore personnel will be presenting at the "Disruptions and Substitutes" Session, taking place on Wednesday, January 17 [...]
Ucore Rare Metals Inc. is pleased to announce anticipated amendments to, and the extension of, previously-issued convertible debentures with a current maturity of May 31, 2024 . The 2020 Convertible Debentures were originally sold and issued by the Company in May of 2020. On May 21 and 29, 2020, the Company issued 1,280 and 1,520 of the 2020 [...]
Ucore Rare Metals Inc. and Defense Metals Corp. announce: The planned shipment of a mixed rare earth carbonate sample generated from Defense Metals' Wicheeda Project in British Columbia to Ucore's RapidSX™ Commercialization and Demonstration Facility in Kingston, Ontario The shipment represents one of the first collaborative projects [...]
Ucore announces: The execution of a multi-decade lease for an 80,800 square foot brownfield facility on a 10.7+ acre industrial parcel for its developing rare earth element processing facility in Alexandria, Louisiana Ucore Rare Metals Inc. is pleased to announce the January 1, 2024, acquisition of an 80,800 square foot brownfield facility on a [...]
China announced a ban on the export of technology to produce rare earth permanent magnets on December 21, 2023, and confirmed its existing ban on the export of technology to extract and separate rare earth elements. China has a virtual monopoly on the processing of heavy rare earth elements such as dysprosium. Ucore has commenced a US$4 million [...]
Ucore Rare Metals Inc. is pleased to announce amendments to and the extension of certain debt agreements with Orca Holdings, LLC that were agreed to on December 22, 2023. "We are pleased with Orca's vision and desire to support a longer-term creditor position in the Company," stated Pat Ryan, Ucore Chairman & Chief Executive Officer. "The timelines [...]
Ucore announces: Completion of its third and final stage of Commercial Demonstration Plant commissioning procedures Commencement of the US Department of Defense demonstration program Ucore Rare Metals Inc. announces the completion of its planned commissioning procedures for the Company's RapidSX™ Commercial Demonstration Plant for the [...]