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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

Comment by aushedson Feb 27, 2021 4:13am
181 Views
Post# 32678092

RE:RE:Biden's Hopes For Rare Earth Independence at Least 10 Years

RE:RE:Biden's Hopes For Rare Earth Independence at Least 10 Years Do some basic math, US currently imports < 5ktpa NdFeB from China which consists 30% NdPr = 1500tpa 

Lynas currently has1800tpa spare NdPr capacity at LAMP, for a very modest $60M they can add 1500tpa NdPr quickly in Tx, and you can be totally confident it will be commissioned to 90% steady state, on spec, in just 90 days. Lynas now has a wealth of experience not just building & commissioning SX trains but managing them up & down.

US "critical metals" issue is NOT mining 1500tpa NdPr, it is primarily creating a sustainable NdFeB middle supply chain, i.e. competitive with the Dragon.

Regardless, like most US RE "resource", Bokan will never make economic sense, so a ML is utter fantasy, see Hammond.
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