Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 by User

Bullboard Posts
Comment by Lightningmillzon Aug 01, 2017 1:31pm
157 Views
Post# 26534226

RE:Would be AWESOME if Ucore was in MGXs future utilizing MRT

RE:Would be AWESOME if Ucore was in MGXs future utilizing MRTHere is Rockstone Research's version as well: MGX starts Petrolithium pilot plant to deliver hard facts for strategic partners MGX Minerals Inc. and its technology partner, PurLucid, have now fully integrated their respective technologies. MGX today announced the successful completion of its first pilot plant in Canadas oil and gas "capital", Calgary (Alberta), and that operational testing has started. The pilot plant aims to demonstrate to be capable of economically separating impurities from oil and gas wastewater, allowing for lithium and magnesium extraction as well as reuse and repurpose of industrial water and brine. This pilot plant, which the company calls "Li-1", has an initial capacity of 20 m3 per day and can be expanded 5-fold to 100 m3 per day. Most interestingly, MGX noted that operational testing "is currently underway to finalize technical specifications for contractual arrangements with industrial and oil and gas partners" (e.g. lithium end-users as well as oil and gas producers). Although the technology has been verified independently (at lab-scale), strategic partners require "hard facts" (i.e. economics from actual test operations). Soon, such data will be available, whereafter the execution of strategic partnerships is expected. CEO Jared Lazerson said in todays news that this pilot plant "represents the physical and operational templates that move us from bench scale to the field and provide the engineering basis for large commercial systems (>1500 m3/day) we expect to deploy into MGXs property and partner base". MGX is so certain that the pilot plant will produce positive results that concurrently with pilot plant testing, fabrication of a commercial-scale system capable of processing 200 m3/day is already underway and expected to be ready for deployment in Q4 of 2017. Based on results of pilot plant testing, the company plans to ship commercial-scale systems to sites in the US and Canada beginning in Q1 of 2018. Thanks to todays landmark announcement, investors now have a "road map" to commercial production in hand. As results from operational testing are expected shortly, strategic patnership may immediately follow thereafter. The time is now ripe for MGX to demonstrate economic viabilty of its disruptive technology.
Bullboard Posts