Ucore Rare Metals Inc. V.UCU

Alternate Symbol(s): UURAF

Metals & Mining Industrial Metals & Minerals

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

Ucore Rare Metals Inc.

Bullboard Posts

Comment by aushedson Aug 26, 2020 5:30am

182 Views

Post# 31453874

RE:RE:RE:RE:is tmrc in range to buy?

GL with that, their Chinese collaborators just got wiped out in the floods so any cash flow concentrate sales to China just got wiped out well into next year.

Sichuan-based Shenghe Resources, one of China's few rare earth production companies, on Wednesday said floods have damaged fixed assets, including equipment and inventory at two plants.

The Shanghai-listed group is projecting an initial loss of between 390 million yuan and 520 million yuan ($56 million to $75 million), though the water has prevented company personnel from entering the premises to gauge actual destruction.
One of the plants in 2019 produced 28,227 tons of rare earth saline and accounted for about 8% of the group's operating income. The material is one of 17 metals vital in the production of smartphones and other electronic devices. The company's stock price fell to 7.90 yuan on Monday, 11% lower than a week earlier.

https://asia.nikkei.com/Business/Companies/China-s-flooding-slams-rare-earth-fertilizer-and-other-industries

Bullboard Posts

BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma-In-Situ: A Patient's Guide