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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 jrhjr1127on Jan 17, 2024 9:38pm
76 Views
Post# 35832695

RE:RE:WSJ araticle regarding rare earths

RE:RE:WSJ araticle regarding rare earthsI read an Aug 2016 article in Mining Magazine where Hatch said:

 

“We were pleased to work with MSV to demonstrate the effectiveness of the RapidSX process on Serra Verde REE concentrates," commented Gareth Hatch, president of IMC.

“Combining the time-proven chemistry of SX with IMC’s proprietary column-based approach, avoids the risks associated with novelty separation approaches that require expensive resins and other complex methods, not yet demonstrated at scale."

The demonstration project was conducted at IMC’s pilot-plant facility in Mississauga, Canada, capable of producing 2t/mth of REEs. The RapidSX process was developed as a result of funding from the US Army Research Laboratory, part of the US Department of Defense.
 


Serra Verde is a mine in Minas Gervais state Brazil. They have secured a $150 million capital injection in January 2023. (from a June 2023 article in Mining Technology). Whatever they're using for separation technology, and it doesn't appear to be RSX, they've secured more funding than Ucore in 5 years.

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