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We deliver leading advanced technology that provides separation of rare earth elements needed for the supply chain to produce electric vehicles in North America





 

Bullboard - Investor Discussion Forum Ucore Rare Metals Inc. V.UCU

Alternate Symbol(s):  UURAF

Ucore is focused on rare and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.

TSXV:UCU - Post Discussion

Ucore Rare Metals Inc. > Going over Vital Metals quarterly report, I found this.
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Post by Dragonsmyth7 on May 01, 2023 2:55am

Going over Vital Metals quarterly report, I found this.

It is almost Midnight.
While was bouncing all over the internet.  I check email and found Vital Metal quarterly report.  Going through it found this item of interest to us all.

The Company planned to complete the initial calcine circuit and defer the calcine leaching, purification and rare earth carbonate precipitation circuits of the facility to better align its completion with the readiness of its offtake partner to receive the final mixed rare earth carbonate product produced, from mid-2024. Completion of the calcine circuit would enable the Company to investigate the sale of an intermediate product to generate revenue ahead of completing the balance of the facility.
Good Night, 
Dragon
Comment by jrhjr1127 on May 01, 2023 10:44am
The prior quarterly report identifies the offtake partner. Vital remains committed to the completion of its rare earth processing facility in Saskatoon, Saskatchewan. To better align capital expenditure with the anticipated timing of revenues based on completion of the plant of Vital's offtake partner REEtec, the Company has decided to defer the completion of the rare earth hydrometallurgical ...more  
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