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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

Post by Rapidsx1on Dec 11, 2023 2:09pm
215 Views
Post# 35778304

Shenghe Resources & Vital Metals

Shenghe Resources & Vital Metals

An Easter Egg which some of you apparently overlooked in the recent Reuters article on Ucore (https://www.reuters.com/sustainability/climate-energy/western-start-ups-seek-break-chinas-grip-rare-earths-refining-2023-12-04/) was the banner photo of a hand holding up rare earth ore with the caption "Raw Rare Earth ore waiting to be processed at Vital Metals in Saskatoon, Saskatchewan".

Vital Metals receives no mention in the body of the article. 


So imagine my interest when I read that subsequent to Canada's $3 million dollar investment in Ucore, members of the Canadian Government are now talking about denying Shenghe Resources from taking a major stake in Vital Metals.

I refer you to this Twitter post by a CanadianMP:

https://twitter.com/RickPerkinsMP/status/1733137754442080643


I also refer you to this article:

https://ntdca.com/mps-call-for-review-of-chinese-firms-acquisition-of-shares-in-canadian-rare-earth-mining-company/



:0


P.S. Half@ 100, then half @ 300.


;)

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