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 [...]
Ratcliff Construction and Orbital Engineering Selected for Production Effort - Meetings Held at Kingston Demo Plant for Kick-off Program Ucore announces Strategic Metals Complex updates: Louisiana Governor Jon Bel Edwards has executed a as part of the broader US$15 million Louisiana Economic Development incentive package. The selection of Orbital [...]
Ucore Announces: It is the recipient of $4.28 million funding agreement from the Government of Canada for the demonstration of Ucore's RapidSX™ Rare Earth Element Separation Technology Capabilities . Under the Project, the Company will produce high-purity NdPr, Pr and Nd over a 6-month period from 13-15 tonnes of Canadian and US feedstock [...]
Ucore lays out: The detailed engineering, commissioning, testing and demonstration steps underway at the Kingston, Ontario, Canada, RapidSX™ Demonstration Plant The ongoing technical transition steps to the full-scale 7,500 tonnes per annum rare earth element separation plant - the Louisiana Strategic Metals Complex developing in Alexandria [...]
Ucore Rare Metals Inc. , a leading developer of rare earth element processing technology, is pleased to announce that it has been selected by the Global Affairs Canada to attend the Autotech CTA Fall 2023 Program in San Jose, California on October 10 -12, 2023. The Program, organized by The Government of Canada's Trade Commissioner Service in Palo [...]
Ucore announces: Industrial Tax Exemption Program approval from the Louisiana Board of Commerce and Industry and the required local approvals from the Rapides Parish's Police Jury, School Board, and Sheriff's Office For its development of an 80,800 square-foot brownfield facility as the location of its first North American commercial rare earth [...]
Ucore Rare Metals Inc. is pleased to announce a visit of staff from the United States Embassy in Canada to its RapidSX™ Commercial Demonstration Facility in Kingston, Ontario. This visit underscores the strategic importance of Ucore's innovative technology in rare earth element processing and the potential for international collaboration in [...]
Ucore Rare Metals Inc. is pleased to announce that it has closed the second and final tranche of its previously announced private placement offering of units of the Company , with the Second Tranche consisting of 413,000 Units at a price of $1.00 per Unit for additional gross proceeds of $413,000. Together with the initial tranche of the Offering [...]