RE:RE:RE:Nice work if you can get!"why 6 years in hasn't ucore submitted a solid plan so they will?"
Although an MRT Pilot Plant for REEs has been produced by IBC for Ucore, IBC’s MRT for REEs is only at advanced testing stages and has yet to be proven at a commercial scale in a large REE purification and processing facility. The Company has not yet prepared or released an economic assessment or feasibility study that utilizes MRT for the separation and production of REEs from the Bokan Property. The following risks are specific to MRT REE purification:
• The MRT process is still subject to a high level of uncertainty and risk, and may be affected by many factors, some of which are beyond the Company’s control, including the emergence of newer, more competitive technologies and processes, the cost of building and operating MRT facilities, regulatory and environmental requirements, unknown profitability performance and financial metrics, the existence, knowledge and cooperation of key individuals of IBC, and the ability to attract customers and sources of feedstock.
Pretty simple really.