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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 VeritasBobon Dec 13, 2022 11:51am
82 Views
Post# 35168636

RE:Bob's question, Partner, and 100x share price

RE:Bob's question, Partner, and 100x share priceDragon "No one else is building a commerial scale REE separation plant next year." is right. But MP Materials has built one THIS year (2022), and should be at 20K tons per annum run rate by late 2023.

Commissioning of the MP sepration plant has started, and will continue into 2023.  MP sending mixed concentrate tto China for processing  should be phased out in 2023. When completed, MP's separation plant will have 1000 times the capacity of Ucore's CDP (20 tons per annum), 10 times the capacity of an initial Ucore SMC in Louisiana, and 4 times the planned capacity of the possibly larger 5k tons per annum Ucore SMC's. MP Materials is already building a plant in Texas to produce rare earth alloys and magnets starting in 2025, and it has the money to build it.

Stop comparing what you hope Ucore will do in the future to what "competitors" did in the past, as though that were a directly valid apples to apples comparison.
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