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Bullboard - Stock Discussion Forum 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 Discussion

Ucore Rare Metals Inc. > Question: Is Tesla one of the six?
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Post by Dragonsmyth7 on Mar 27, 2023 9:26pm

Question: Is Tesla one of the six?

Good Evening,

Okay, Ucore has the Demo plant to do testing and tours for VIPs, they have picked a building in LA and are in talks for leasing it.  The next step is telling us where the commerial plant is going to be.  but after that would be offtake deals with one or more auto OEMs.  The last I heard that was six.  So is Tesla one of the six?  Tesla does most of their parts manufacturing in house.  So It would make sense that they would be talking to Ucore.
Dragon
Comment by VeritasBob on Mar 27, 2023 9:53pm
Tesla said last month it's going to eliminate rare earth from its motors.Remains to be seen, but doubt it's going to do offtake w/ Ucore. Ryan probably needs dough in hand to sign lease (or buy?), and maybe won't announce location until then. Have you read Waiting for Godot?  Two dudes, let's call them Dragon and Farm, wait for the entire play for this guy Godot to show up .. ...more  
Comment by Dragonsmyth7 on Mar 27, 2023 10:00pm
Dear Bob, Ucore, does not need a offtake agreement to sign the lease.  That money come for the state of LA. Dragon
Comment by PipinoCuevas on Mar 27, 2023 10:05pm
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