Vital's Saskatoon plant could be the next Ucore Brownfield So it's all been liquidated now. The equipment, the facility, even the sharp white helmet and neon vest which Trudeau wore when he toured last year-- they have all been auctioned off.
"All assets, including brand-new mining and processing equipment, went on the auction block on Dec. 24, 2023, and sold to a host of international buyers."
"...most of the equipment for auction was brand new and sold for pennies on the dollar. Successful bidders have until the end of January to claim their purchases."
(Source: https://www.cjme.com/2024/01/18/exclusive-saskatoons-vital-metals-liquidates-assets-amid-bankruptcy/?utm_source=pocket_mylist)
I wonder if Ucore bought anything. But most importantly, I wonder if they bought the Saskatoon facility, itself. It would be a boss move on Pat's part if he did it: a Brownfield building like that purchased for "pennies on the dollar".
I guess we will find out by the end of this month who the new owner/occupant will be. I am keeping my fingers crossed.
:)
P.S.
;)