Ucore Rare Metals Inc. V.UCU

Three parts to AIDEA funding

[Dragonsmyth7]

It was a very good day, folks.
You all talk about AIDEA funding but you forget the part of the deal that Ucore has to do to get it.  In a link that I can not remember how to find.  Maybe one of you will remember where it is.  For Ucore to get AIDEA funding, it had to prove that RSX works.  Hence the third party verification.  Then they had to have a supplier of feed stock and then had to have a buyer of REOs.  Finding a buyer should be no problem.  I am sure DOD or any Defence Contractor that China has stopped selling to will gladly buy all the REOs that Ucore produces.
My question is Ucore buying the feedstock or charging a fee to separate it, which?  Have they said?
Dragon

[PipinoCuevas]

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[nickgeo]

 "Finding a buyer should be no problem.  I am sure DOD or any Defence Contractor that China has stopped selling to will gladly buy all the REOs that Ucore produces." And what would DoD or the Defense Contractor do with the REOs? Ship them to China to make them into something? The REE product value chain in the US is rather limited. We unfortunately lost most of that over the

[PipinoCuevas]

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[Dragonsmyth7]

Dear Nickgeo,  The first part of rebuilding a REE supply chain is the separation of REE.  Once that is done then you rebuild the next step, but you start with REOs.  Will Ucore do the next step and make carbonates, I don't know.  I would think not at first but maybe later.  As I have said before do not underestimate the DOD.  They will find a way.  Seen it to

[nickgeo]

Hi Dragon, Yes, as you state, first step(s) are, mining, separation of REE minerals from gangue, breakdown of minerals to extract REEs, separation of REEs from other breakdown elements, purification of extract, then the difficult seprartion of individual REEs. Even then, not many industries in US can incorporate those REEs into products, e.g., magnets. So much work to be done rebuilding the full