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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 Harvey633on Apr 23, 2020 9:23am
169 Views
Post# 30943718

RE:RE:RE:RE:Interesting

RE:RE:RE:RE:Interesting

asdomke - MP have already received some funding, however, it would appear that in this first round of handouts the funding is intended for planing and design...much the same as Lynas and others who have not yet been announced. The big money for construction etc. will follow after DOD make their choice based on the first phase submissions. Any other thoughts?

California's MP Materials wins Pentagon funding for rare earths facility

Reuters

April 22 (Reuters) - Privately held MP Materials said on Wednesday it has been awarded funding by the U.S. Department of Defense for a rare earths processing facility at its Mountain Pass mine in California.

The company did not disclose the amount, though it will use the funds for planning and design work. MP will have to solicit the Pentagon again for construction-related funds.

Reuters has previously reported that MP and others were in contention for U.S. government funding. (Reporting by Ernest Scheyder; Editing by Sandra Maler)

Bullboard Posts