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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 MuttleyKnowson Dec 12, 2022 5:03am
146 Views
Post# 35165514

RE:RE:RE:RE:Partner

RE:RE:RE:RE:PartnerI would assume that it would be like the royalty agreements being struck by Wheaton or Franco Nevada.  The royalty streamers put up money and I get certain volume of output at a preferential fixed price when the mine get up and running.  These deals are not like the miner gives away the ounces being produced.  It is typically structured as a win win for both sides.  One side get to monetize the resource they have in the ground so they can build a mine while the other side gets a lower price vs market price combined with price and volume certainty going forward.

I see this working for Ucore.  Pre-selling production capacity which is securely located in North America to a large end user.  This looks like something that all the automakers need to do in order to secure the supply of resources they need.  Rare earths, lithium ... you name it.  Global supply chains cannot be relied upon anymore. 


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