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 [...]
This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. This release is being made by Randy Johnson to report information concerning holdings of Mr. Johnson and Orca Holdings, LLC in Ucore Rare Metals Inc. . Orca Holdings, LLC is wholly owned by Mr. Johnson [...]
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 [...]
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