Why some will switch to UCU,Just a small piece of their NR on Sept 4, 2019. Now they want their own separation plant.
Keep wasting time management and you will be a has been. Maybe they'll buy GMA, price is cheap enough.
Sorry, but these guys seem more interested on succeeding than GMA.
(2) Separation Plant - A 12-month plan to advance the engineering of the first physical component of the Bokan-Dotson Ridge RE Project, the Alaska Strategic Metals Complex ("Alaska SMC"). The Alaska SMC processing and separation plant, when completed, is anticipated to be capable of processing either Bokan REE concentrate or 3rd party REE concentrate feedstock from other U.S. sources and/or U.S. allied sources. Financing for this facility may be facilitated by way of a portion of the already described AIDEA funding (to be set aside for the construction of separation facilities related to the Bokan site; a proviso which allows for the development of the Alaska SMC at Ketchikan), in combination with prospective DPA Title III funding (as discussed).
With this in mind, a singular remaining "deliverable" of the Alaska SMC plan remains outstanding: the sourcing of a competent and permittable separation platform for the construction of the SMC -- one capable of scaling and expanding in-step with a burgeoning U.S. REE supply opportunity. This technical and engineering priority is particularly important, given the intermediate impasse with IBC, and the likelihood that MRT will not be available for the near term engineering advancement of the Alaska SMC.
Read more at https://stockhouse.com/news/press-releases/2019/09/04/mckenzie-provides-strategic-update-to-ucore-shareholders#S67FXYCTvliGWiSe.99