Ucore Rare Metals Inc (QX) (UURAF) Share Price

..take small position on hod..room to run..UURAF$ ...

Halifax, Nova Scotia (December 4, 2024) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”), noting the recent news about potentially increased tariffs, comments on the value of its new Strategic Metals Complex (SMC) in the favorable location of England Airpark Foreign Trade Zone (FTZ) for affordable supply of rare earths to U.S. consumers.

Ucore’s proposed Louisiana rare earth refining facility is located within the England Airpark & Community, a Foreign Trade Zone.

Foreign Trade Zones have the potential to mitigate the impact of proposed tariffs on the import and export of rare earth products

During the recent election campaign, and following the Republican victory, President-elect Trump emphasized a return to tariffs and other trade measures as a way to encourage the reshoring of American manufacturing. Key proposals include heightened tariffs on Chinese and other foreign-made goods, especially in critical materials supply chains.


The U.S. Department of Defense (DoD) and other key federal agencies have identified rare earth elements as critical to national security, powering technologies from advanced fighter jets to renewable energy systems. DoD, in particular, is required to begin sourcing rare earths from non-Chinese sources. However, over 80% of REE processing currently takes place in China, leaving the U.S. vulnerable to supply chain disruptions.


Ucore, which has located its first SMC within the England Airpark FTZ in Alexandria, Louisiana, is well-positioned to assist customers in developing secure rare earth supply chains that comply with DoD acquisition regulations and have favorable import status. FTZs are designated geographic areas where commercial merchandise, both domestic and foreign, is treated as if it were outside the U.S. commerce for Customs purposes. This structure can potentially provide tariff and tax relief, helping American businesses stay competitive on the import of foreign inputs and on exporting finished products.


Ucore encourages manufacturers seeking rare earth solutions to connect with us to determine how this uniquely advantageous import and export zone can reduce tariff costs, encourage sustainable supply chains, and support the revitalization of the domestic REE supply chain. This includes new manufacturers and technology operations, longtime rare earth magnet users, and even the most established supply chain managers in Europe, Japan and South Korea, who may all see a reduction in the cost and risk of operations.

Developing Louisiana SMC in Alexandria, Louisiana

“Being located in Louisiana, where there is a strong Republican delegation, further highlights the advantages and opportune location to launch Ucore’s REE refining and separation in the U.S.” stated Pat Ryan, CEO of Ucore. “The foreign trade zone status provided by our partner, the England Airpark & Community, is unique as it allows a competitive structure by reducing tariff burdens on the necessary foreign inputs and allowing a seamless avenue to service downstream customers with exported finished product.”

good news

jmho

Ucore Continues to Advance its US DoD Demonstration Project towards Louisiana REE Commercialization


Halifax, Nova Scotia (October 24, 2024) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to update on its US$4 million Other Transaction Agreement (the “OTA”) with the US Department of Defense (the “DoD”). The work is taking place at the Company’s Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario, utilizing its 52-Stage RapidSX™ Demonstration Plant (“Demo Plant”) for the separation of mixed heavy and light rare earth elements (“REE”) from a mixed rare earth oxide (“MREO”).

Figure 1 - Ucore’s 52-stage RapidSX™ Commercial Demo Plant in Kingston, Ontario (upper) and its Developing Louisiana SMC in Alexandria, Louisiana (lower)

During an October 2024 CDF visit by the DoD, the Company reported that it has completed 60% of the stated objectives in the Project’s Statement of Work, including:


Establishment of an enhanced on-site analytical laboratory to support 120 hours a week of scheduled shift work
Institution of a Continuous Improvement Program to ensure a “copy and paste” RapidSX™ technology transfer from Kingston, Ontario, to Ucore’s developing commercial REE separation plant in Alexandria, Louisiana – the Louisiana Strategic Metals Complex (“SMC”)
Completion of over 2,600 hours of Demo Plant runtime
Processing over 3 tonnes of REE derived from a heavy rare earth element ionic clay sourced MREO
Producing over 57,000 liters of rare earth chloride raffinates and 57,000 liters of rare earth chloride strip liquors
Direct comparisons of the RapidSX™ Demo Plant against the smaller scale conventional SX Pilot Plant for purity and recovery – with every result to date indicating that RapidSX™ is equal to or superior
Working towards the establishment of a commercial REE Western supply chain:
Conducting approximately thirty CDF tours since the Project kickoff with US and Canadian government entities, REE resource companies, REE magnet and metal makers, automotive OEMs, rare earth oxide (“REO”) consumers, international trading companies, financiers, and other current and prospective SMC partners
Resulting in several preliminary agreements for MREC or MREO supply and developing oxide offtake arrangements for the Louisiana SMC


"The DoD work that Ucore is performing in Kingston is essential to the commercial deployment of our RapidSX™ separation technology in Louisiana,” stated Mike Schrider, P.E., Vice President and Chief Operating Officer of Ucore. "The operation of our demonstration-scale plant de-risks the commercial scale-up and allows Ucore the opportunity to attract like-minded Western partners as the Company works to assist in establishing an alternative rare earth supply chain – particularly for heavy rare elements which are essential to the operation of rare earth permanent magnets at elevated temperatures in military, commercial and consumer vehicles and robots.”


The Company will continue the execution of its DoD heavy REE Project through the first half of 2025 and then transition to the completion of its previously announced C$4.28M light REE demonstration project with the Government of Canada.

Ucore Announces Memorandum of Understanding and Project Collaboration with Cyclic Materials


The execution of a memorandum of understanding (“MOU”) with Cyclic Materials for the future supply of recycled mixed rare earth oxide (“rMREO”):
trial quantities to support its rare earth demonstration program at its RapidSX™ Commercialization and Demonstration Facility in Kingston, Ontario
as an intended long-term source for Ucore’s developing commercial rare earth element separation and oxide production plants across the United States
and Canada

Halifax, Nova Scotia (July 25, 2024) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to announce the completion of prerequisite conditions to announce the execution of a February 2024, non-binding memorandum of understanding (“MOU”) with Cyclic Materials (“Cyclic”) for the future supply of recycled mixed rare earth oxides (“rMREO”).

Figure 1 - The two Canadian companies’ demonstration facilities, Cyclic Materials’ Hub100 and Ucore’s RapidSX™ CDF, are side-by-side in Kingston, Ontario

The companies will work together toward determining the potential of a long-term supply agreement, starting with Cyclic Materials supplying trial quantities of rMREO to Ucore’s RapidSX™ Commercialization Demonstration Plant. This project received $4.28 million [1] in contribution funding from Natural Resources Canada’s (“NRCan”) Critical Minerals Research, Development and Demonstration Program (“CMRDD”). This funding was announced on February 5, 2024, with the goal of processing rare earth materials through Ucore’s RapidSX™ Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario. The ultimate objective of the MOU is to qualify Cyclic Materials’ product in Ucore’s process and ensure Ucore’s developing North American commercial rare earth oxide production output includes North American recycled content from Cyclic Materials, as Cyclic’s capacities scale.


Mike Schrider, P.E., Vice President and Chief Operating Officer of Ucore, stated: "Ucore is very pleased to be working with Cyclic Materials on our rare earth demonstration project and as a potential long-term supply partner of our developing commercial rare earth oxide production facilities. Ucore and Cyclic Materials offer a complete Canadian technology solution to alter North America’s rare earth supply chain dependence, and we are very pleased to have NRCan’s support as we demonstrate these two transformative technologies working together in Kingston, Ontario.”


Kunal Phalpher, SVP Corporate Development - Cyclic Materials – “Cyclic Materials roots are in Ontario, and we are very pleased to have this opportunity to support Ucore’s project with NRCan as we advance and commercialize our technology. We look forward to contributing to this project to support the development of a domestic supply chain for rare earth elements and magnets required for the energy transition.”


# # #


_________________________

[1] The NRCan CMRDD contribution agreement includes total eligible expenditures of $4,275,848 to be reimbursed to Ucore out of the total Project Budget of $8,308,441.


About Ucore Rare Metals Inc.


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.


Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term establishment of a heavy and light rare-earth processing facility in the U.S. State of Louisiana, subsequent Strategic Metal Complexes in Canada and Alaska and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA.


Ucore is listed on the TSXV under the trading symbol “UCU” and in the United States on the OTC Markets’ OTCQX® Best Market under the ticker symbol “UURAF.”

Ucore Welcomes Canadian Government Officials to its Kingston Ontario CDF for an NRCan Funding Announcement


Halifax, Nova Scotia (February 5, 2024) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to host Canadian Government officials at its RapidSX™ Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario, for the formal announcement of $4.2 million of funding through Natural Resources Canada’s (“NRCan”) Critical Minerals Research, Development and Demonstration (“CMRDD”) program. This funding program was originally announced by Ucore on November 20, 2023.

Today, Mark Gerretsen, Member of Parliament for Kingston and the Islands, on behalf of the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced a $4.2-million investment to Ucore Rare Metals Inc. This investment will help scale up and demonstrate the commercial efficacy of Ucore’s pending patent and Canadian-developed RapidSX™ rare earth element separation technology platform under rigorously simulated commercial conditions.

The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, stated, “Critical metals like rare earth elements are an integral part of many clean technologies and energy sources. Demand for these resources will only grow. That is why we are taking action to build resilient and secure supply chains that provide the materials we need and the good jobs Canadian workers deserve right here in Canada. Investments like today’s, help to support these goals and will help us to build a prosperous and sustainable low-carbon economy that works for everyone.”

Funded through the CMRDD program, Ucore’s project will support Canada in increasing the supply of metals that are essential to the development of electric vehicle motors and wind turbines. This is a critical step in the development of a domestic electric vehicle value chain.

Mike Schrider, P.E., Vice President & COO of Ucore, noted, “This NRCan demonstration project shines a light on the lesser known but equally important aspect of the critical metals supply chain in North America — rare earth elements. A rare earth permanent magnet motor is by far the most efficient means of converting electrical energy from batteries to mechanical energy for electric vehicles, and in reverse, wind turbines. Ucore is very appreciative of this NRCan opportunity to demonstrate our transformative RapidSX™ technology for the separation of rare earth elements with our Canadian project partners, Cyclic Materials, Defense Metals, and Kingston Process Metallurgy. Through this project, we are moving Canada closer to fully incorporating these critical supply chain metals on a significant commercial scale.”


Primary NRCan Objectives for the Project:

Instead of shipping Canada’s concentrates overseas for foreign separation, Ucore's project will support Canada’s direct participation in the growing market of heavy and light rare earth elements. This funding will also provide employment opportunities for skilled trades and professional occupations, including Indigenous communities. Importantly, the investment supports the development of Canadian expertise and deploys a new, more sustainable technology to the benefit of other domestic companies. In addition to electric vehicles, rare earth elements are also required for wind turbines and a variety of electronics.

Ucore Invited to Present at National Defense Industry Association Event


January 12, 2024

Halifax, Nova Scotia (January 12, 2024) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to announce that it has been invited to present at the Mine to Magnet Workshop presented by the National Defense Industry Association (“NDIA”) on January 16 and 17, 2024, and hosted by Lockheed Martin.


Ucore personnel will be presenting at the “Disruptions and Substitutes” Session, taking place on Wednesday, January 17, 2024. The Workshop will gather stakeholders from across the rare earth supply chain and US Government to discuss the challenges and opportunities in this critical supply chain.

Defense Metals to Ship Wicheeda Mixed Rare Earth Carbonate Sample to Ucore


The planned shipment of a mixed rare earth carbonate sample generated from Defense Metals’ Wicheeda Project in British Columbia to Ucore’s RapidSX™ Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario
The shipment represents one of the first collaborative projects commenced under a Q4-2023 executed Memorandum of Understanding (“MOU”) to explore an enhanced working relationship

Ucore announces the execution of a multi-decade lease for an 80,800 square foot brownfield facility on a 10.7+ acre industrial parcel for its developing rare earth element processing facility in Alexandria, Louisiana


Halifax, Nova Scotia (January 4, 2024) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to announce the January 1, 2024, acquisition of an 80,800 square foot brownfield facility on a 10.7+ acre industrial parcel for the development of its first commercial rare earth element (“REE”) processing facility in Alexandria, Louisiana. This selected site for the Louisiana Strategic Metals Complex (“LA-SMC”) is secured through a multi-decade lease with the England Economic and Industrial Development District (“EEIDD”) at their England Airpark complex. The England Airpark is a former 3,600-acre Air Force base dedicated to generating economic development in Central Louisiana.

https://www.otcmarkets.com/stock/UURAF

https://ucore.com/ucore-completes-rapidsx-demo-plant-commissioning-begins-us-department-of-defense-demonstration-program/

Ucore Completes RapidSX™ Demo Plant Commissioning –
Begins US Department of Defense Demonstration Program

Ucore announces:

Completion of its third and final stage of Commercial Demonstration Plant (“Demo Plant”) commissioning procedures
Commencement of the US Department of Defense (“US-DoD”) demonstration program

Halifax, Nova Scotia (December 21, 2023) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) announces the completion of its planned commissioning procedures for the Company’s RapidSX™ Commercial Demonstration Plant (“Demo Plant“) for the separation of heavy and light rare earth elements (“HREEs”, “LREEs”, or “REEs“). The Demo Plant is located within Ucore’s 5,000 square foot RapidSX™ Commercialization and Demonstration Facility (“CDF“) in Kingston, Ontario.

Ucore Completes RapidSX™ Demo Plant Commission?ing – Begins US Department of Defense Demonstration Program

Ucore announces:


Completion of its third and final stage of Commercial Demonstration Plant (“Demo Plant”) commissioning procedures
Commencement of the US Department of Defense (“US-DoD”) demonstration program


Halifax, Nova Scotia (December 21, 2023) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) announces the completion of its planned commissioning procedures for the Company’s RapidSX™ Commercial Demonstration Plant (“Demo Plant“) for the separation of heavy and light rare earth elements (“HREEs”, “LREEs”, or “REEs“). The Demo Plant is located within Ucore’s 5,000 square foot RapidSX™ Commercialization and Demonstration Facility (“CDF“) in Kingston, Ontario.


“Since early this year, the Company has been testing, adjusting, and optimizing its 52-Stage Demo Plant to meet its RapidSX™ commercialization and demonstration deployment objectives in Louisiana,” stated Mike Schrider, P.E., Ucore Vice President & Chief Operating Officer. “Ucore is very pleased to announce the completion of commissioning procedures with its third and final mixed REE chemical concentrate[ii] and the commencement of its US-DoD demonstration program. The objectives of this program are to establish a direct techno-economic comparison between conventional solvent extraction [CSX] and RapidSX™ for separating heavy and light rare earth elements and to establish RapidSX™ technology for commercial deployment in North America.”


The CDF facility is operated by Ucore’s commercialization partner, Kingston Process Metallurgy Inc. (“KPM“).


“KPM has been assisting in the development of RapidSX™ since right after Ucore acquired the technology in May of 2020,” stated Boyd Davis, Ph.D., Co-Principal of KPM. “We are very pleased to see the successful transition from the final LREE commissioning feed to the HREE demonstration feed with no operational upsets. The automated front-end leach facility has been commissioned, is running on spec, and matches the RapidSX™ throughput. During the final commissioning phase, we processed over one tonne of mixed rare earth feed in less than one week of run-time while hitting our product specification targets - it is rewarding when a technology matches and even exceeds expectations.”


KPM’s Project Leader, Jonathan Leung, M.Eng., added, “It is an exciting time for the team in Kingston. We are running 24/7 until the holidays and back at the same pace in the first week of January. All 52 stages of the Demo Plant are operational, and the mechanical and control systems have been fully tested and enhanced during commissioning. We are now focusing on the loading/scrubbing balance of the first heavy rare earth demonstration run, just like in any solvent extraction plant.”

Louisiana Governor Executes Ucore’s SMC Industrial Tax Exemption Contract


December 12, 2023

Ratcliff Construction and Orbital Engineering Selected for Production Effort – Meetings Held at Kingston Demo Plant for Kick-off Program

Ucore announces Strategic Metals Complex (“SMC”) updates:


Louisiana Governor Jon Bel Edwards has executed a CONTRACT FOR EXEMPTION OF AD VALOREM TAXES as part of the broader US$15 million Louisiana Economic Development incentive package.
The selection of Orbital Engineering’s Baton Rouge, LA, Office for construction engineering services.
The selection of Ratcliff Construction of Alexandria, LA, for construction contracting services.


Halifax, Nova Scotia (December 12, 2023) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to announce a series of significant updates regarding the ongoing development of its rare earth element (“REE”) processing refinery, the Louisiana Strategic Metals Complex (“LA-SMC”) in Alexandria, Louisiana.


Final Industrial Tax Exemption Program Contract


The Governor of Louisiana, Jon Bel Edwards, has executed the CONTRACT FOR EXEMPTION OF AD VALOREM TAXES for Ucore’s SMC Project. This Industrial Tax Exemption Program (“ITEP”) provides up to a 10-year exemption to the Company (five-year initial term at 80 percent and five-year renewal term at 80 percent), which will result in an estimated $8.2 million in projected tax savings for the Company during the time of the exemption period on the local ad valorem property tax for the LA-SMC facility. The US$8.2 million ITEP incentive is part of the broader US$15 million incentive package offered by Louisiana Economic Development (“LED”) and previously announced by Ucore on April 6, 2023.


“Ucore is extremely grateful to the Governor and his staff at LED for guiding our project through this process,” stated Mike Schrider, P.E., Ucore VP & Chief Operating Officer. “The support shown by Louisiana and all the local entities that have come together to enable us to pursue this critical project cannot be overstated. Knowing that we have local, regional and state support, coupled with federal support through the US Department of Defense and, most recently, from the Government of Canada – truly provides a North American solution as we focus on keeping manufacturing jobs in the United States and Canada.”

Ucore Receives a $4.28 Million Funding Agreement from the Government of Canada


Ucore Announces:

It is the recipient of $4.28 million funding agreement from the Government of Canada for the demonstration of Ucore’s RapidSX™ Rare Earth Element Separation Technology Capabilities (the “Project”).
Under the Project, the Company will produce high-purity NdPr, Pr and Nd over a 6-month period from 13-15 tonnes of Canadian and US feedstock sources.


Halifax, Nova Scotia (November 20, 2023) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to announce that the Company has executed a $4.28 million Non-Repayable Contribution Agreement with the Government of Canada (“Government”) to demonstrate its RapidSX™ Rare Earth Element Separation Technology Capabilities (the “Project”).

?

The funding will be used to demonstrate the commercial efficacy of the Company’s patent-pending RapidSX™ rare earth element (“REE”) separation technology platform specifically for light REEs. The Company will produce nearly continuous high-purity samples of praseodymium (Pr), neodymium (Nd), and a praseodymium|neodymium compound (NdPr). The Company expects to process 13-15 tonnes of mixed rare earth carbonates and oxides from various Canadian and US feedstock sources at its RapidSX™ Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario. The Project budget totals $8.31 million, with $4.28 million provided through the Government funding.

News out

Ucore Rare Metals: Invitation to Red Cloud's 2023 Fall Mining Showcase
V.UCU | 2 days ago
Halifax, Nova Scotia--(Newsfile Corp. - November 7, 2023) - Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF), Ucore Rare Metals, is pleased to announce that the company will be presenting at Red Cloud's 2023 Fall Mining Showcase. We invite our shareholders and all interested parties to join us there.

The annual conference will be hosted in-person, at the Sheraton Centre Toronto Hotel from November 7-8, 2023.

Pat Ryan, Chairman & CEO, will be presenting on November 8th at 04:20 PM Eastern Standard time.

For more information and/or to register for the conference please visit: https://redcloudfs.com/fallminingshowcase2023/.

We look forward to seeing you there.

jmho

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$UURAF

UURAF
Ucore Rare Metals Inc (QX)
0.651
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Volume: 52,277
Day Range: 0.63 - 0.683
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UURAF
Ucore Rare Metals Inc (QX)
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UURAF
Ucore Rare Metals Inc (QX)
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UURAF
Ucore Rare Metals Inc (QX)
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UURAF
Ucore Rare Metals Inc (QX)
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UURAF
Ucore Rare Metals Inc (QX)
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Volume: 8,929
Day Range: 1.018 - 1.07
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Has something stopped with UURAF? Only 6 shares traded so far today?

News out and good !

Ucore Hosts RapidSX(TM) Demo Plant Tours and Updates on Successful REE Separation Commissioning Trials
V.UCU | 57 minutes ago
Ucore's Kingston, Ontario, RapidSX™ Rare Earth Element ("REE") Separation Demonstration Plant ("Demo Plant"):
hosted dozens of industry and government visitors for private tours and presentations in early March
has successfully achieved the first phase of extraction testing during its synthetic monazite commissioning trials
Halifax, Nova Scotia--(Newsfile Corp. - March 16, 2023) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an update on activities at its RapidSX™ Demonstration Plant ("Demo Plant") for the separation of heavy and light rare earth elements ("REEs"). The Demo Plant is located within Ucore's RapidSX™ Commercialization and Demonstration Facility ("CDF") in Kingston, Ontario, and is run by its laboratory partner, Kingston Process Metallurgy Inc.("KPM").

Cannot view this image? Visit: https://images.newsfilecorp.com/files/1119/158683_figure01.jpg

Figure 1 – The 52-Stage RapidSX™ REE Separation Demo Plant in Kingston, Ontario
Designed to Process HREE & LREE Feedstocks Derived from Bastnasite, Eudialyte, Ionic Clay, Monazite, Xenotime, and other Mineralization Sources. Plant presentations and tours below.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1119/158683_rapidsx_tour2.jpg

In early March, the Company hosted dozens of industry and government visitors for private tours and presentations at its CDF in Kingston, Ontario. The by-invite-only tours introduced and/or updated key existing and prospective strategic partners by demonstrating the operational advantages of Ucore's RapidSX™ 52-stage REE separation processing system. Ucore highlighted the uniqueness of being able to qualify original equipment manufacturers ("OEM") planned product requirements and outlined the next stages of commercial deployment activities made possible by the upscale design and function of the Demo Plant. Ucore is now executing a commercial deployment strategy of its RapidSX™ technology platform, which involves "copying and pasting" the current activities within the CDF to its first planned commercial scale REE separation and oxide production plant.

The Company, its engineering partner, Mech-Chem Associates, Inc. ("Mech-Chem"), and the scientific team at KPM are developing the full-scale engineering for the first Strategic Metals Complex ("SMC"). The SMC is a planned REE separation and rare earth oxide production plant slated to commence construction in the US State of Louisiana this year. It is scheduled to initially process 2,000 tonnes of total rare earth oxides ("TREO") by Q1-2025, increasing to 5,000 tonnes in 2026. Additionally, Ucore is investigating expanding the production throughput to 7,500 tpa of TREO by 2028 due to the specific characteristics of the soon-to-be-announced Louisiana SMC brownfield facility.

"Ucore recently had a tremendous opportunity to meet with and demonstrate our precise plan of establishing an independent REE supply chain to current and prospective industry and government partners at the CDF," stated Mike Schrider, P.E., Ucore's VP and COO. "We have assembled a remarkable team to develop the Demo Plant and, in parallel, the full-scale facility in Louisiana. The RapidSX™ technology platform assembly, commissioning, and demonstration process results learned in Kingston will continue to be directly applied to our planned Louisiana SMC and other planned SMCs – one of which is destined for Canada."

Concurrently, the Company has successfully completed the first phase of extraction circuit testing during its SX-1i synthetic monazite trials at the Demo Plant. SX-1 is designed to separate the heavy REE ("HREE") from the light REE ("LREE"); the results showed that the target separation was achieved and could be enhanced by further tuning of the operational parameters – which is the specific objective of the commissioning trials. Solvent extraction by RapidSX™ is highly effective, efficient, adaptable, and easy to implement in contrast to conventional mixer settlers.

Once commissioned, the Demo Plant is designed to demonstrate the techno-economic advantages, scale-up (currently projected at ˜6X), and commercial durability of the RapidSX™ technology platform. The Demo plant will process tens of tonnes of North American-friendly sources of mixed rare earth chemical concentrates over thousands of run-time hours in a simulated production environment. The planned output products are high-purity NdPr, praseodymium, neodymium, terbium, and dysprosium REEs, to be incorporated into the early stages of OEM qualification trials in Kingston coupled with demonstration and verification trials in Louisiana.

# # #jmho

UURAF$..USA promises to to invest in REE here in this country, even though there aren't any except Molycorp send to China, also have TMRC: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171168800

Looking at UUUU. Generators could put out ten times more power per gentle breeze, solar panels could power a home, little nuke boxes could power buildings, some day..

Reminds me of the vaccine government gonna pick the winners and losers again.

gl

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https://seekingalpha.com/article/4413530-ucore-extreme-claims-require-extreme-evidence



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.

When and if the great news come out wonder how high the run will be ?

10X
20X
30X
or more , remember we have a low float and the big boys will want us on a bigger stock exchange


jmho

Look like this horse is just starting to run


jmho

https://seekingalpha.com/symbol/uuraf

https://seekingalpha.com/symbol/uuraf

We getting good volume already in Canada and the USA


jmho

da moon let's GOOOOO!!.. UURAF$ ...

UURAF
Ucore Rare Metals Inc (QX)
1.03
0.0848 (8.97%)
Volume: 46,745
Day Range: 0.915 - 1.0432
Last Trade Time: 3:55:45 PM EST

Ucore having another great day

Just maybe we get news on the rare earths project China supply not good for USA


jmho

A lot of people have put Ucore on their radar list


jmho

volume picking up again , just like yesterday


jmho

Ucore had another great day in the market with NO NEWS


jmho

UURAF
Ucore Rare Metals Inc (QX)
0.7186
-0.0214 (-2.89%)
Volume: 15,145
Day Range: 0.711 - 0.75
Last Trade Time: 3:10:20 PM EST

News out
Ucore Updates On its RapidSX Rare Earth Element Demo Plant
V.UCU | 18 minutes ago
The Kingston, Ontario, RapidSX™ Demonstration Plant ("Demo Plant") commissioning process is underway, once commissioned the plant is designed to demonstrate:
the techno-economic advantages of the RapidSX™ technology platform
processing tens of tonnes of heavy and light mixed rare earth element concentrates
running thousands of semi-continuous run-time hours
producing high-purity NdPr, praseodymium, neodymium, terbium, and dysprosium rare earth elementsfor early OEM product qualification trials
Halifax, Nova Scotia--(Newsfile Corp. - January 26, 2023) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an update on the commissioning process for its RapidSX™ Demonstration Plant ("Demo Plant") for the separation of heavy and light rare earth elements ("REEs"). The Demo Plant is located within Ucore's 5,000 square foot RapidSX™ Commercialization and Demonstration Facility ("CDF") in Kingston, Ontario, and is run by its laboratory partner, Kingston Process Metallurgy Inc.("KPM").

Cannot view this image? Visit: https://images.newsfilecorp.com/files/1119/152581_ucorefig1_550.jpg

Figure 1 - Close-up Partial Views of Ucore's RapidSX™ REE Separation Demo Plant in Kingston, Ontario

To view an enhanced version of Figure 1, please visit:
https://images.newsfilecorp.com/files/1119/152581_ucorefig1.jpg.

Commissioning of the Demo Plant is underway. Once commissioned, the Demo Plant is designed to demonstrate the techno-economic advantages, scale-up, and commercial durability of the RapidSX™ technology platform by processing tens of tonnes of North American-friendly sources of mixed rare earth chemical concentrates in a simulated production environment. The planned output products are high-purity NdPr, praseodymium, neodymium, terbium, and dysprosium REEs, to be incorporated into the early stages of original equipment manufacturers' ("OEM") qualification trials.

Simultaneously, Ucore, its engineering partner, Mech-Chem Associates, Inc. ("Mech-Chem"), and KPM are developing the full-scale engineering for the Company's first Strategic Metals Complex ("SMC"). The SMC is a planned REE separation and rare earth oxide production plant slated to commence construction in the US State of Louisiana this year. It is scheduled to initially process 2,000 tonnes of total rare earth oxides ("TREO") by the end of 2024, increasing to 5,000 tonnes in 2026.

"We are extremely pleased with the work at the CDF in concert with our partners, KPM, Mech-Chem, and a host of other supporting contractors and vendors. As we work toward near-term commercial deployment of the RapidSX™ rare earth element separation technology in North America," stated Mike Schrider, P.E., Ucore's VP and COO. "Implementing the Demo Plant commissioning process is a huge milestone for the team, and this is scheduled to be followed by a series of heavy and light rare earth element process demonstrations separating tens of tonnes of mixed rare earth concentrates over thousands of hours of facility run-time."

# # #

I would say we have had a great week


V:UCU - UCORE RARE METALS INC - http://www.ucore.com/ 16:34:35 EST
Sym-X Bid - Ask Last Chg %Ch Vol $Vol #Tr Open-Hi-Lo Year Hi-Lo Last Tr News Delay
UCU - V 8.5 0.98 · 0.99 10.0 0.99 +0.10 11.2 123.7 113 90 0.90 0.99 0.90 1.24 0.53 15:59:59 Dec 23 15 min RT 2¢
TSX-V - V 8.5 0.98 · 0.99 10.0 0.98 +0.09 10.1 82.8 76 50 0.90 0.98 0.90 1.24 0.53 15:59:45 15 min
NEO ATS - U 0.98 +0.09 10.1 6.0 5 7 0.94 0.98 0.94 15:44:09 15 min
Alpha - A 0.99 +0.10 11.2 28.5 27 7 0.90 0.99 0.90 15:59:59 15 min
Omega - O 0.95 +0.06 6.7 0.5 0 1 0.95 0.95 0.95 15:15:55 15 min
Pure - P 0.96 +0.07 7.9 1.2 1 4 0.96 0.96 0.96 15:27:49 15 min
CX2 - H 0.95 +0.06 6.7 2.5 2 3 0.92 0.95 0.92 15:15:55 15 min
CXD - D 0.89 0.4 7 Mar 30 15 min
TriAct - M 0.89 1.8 1 11 Jun 19-20 15 min

Folks,
I am with XXXXXXX on this. What happen at 3:00 EST? Volume shot through the roof. A little spike at 09:00 but nothing compared to 3:00. So something happen both in US and Canada. The question is what. Okay, guesses. Could be test results, commissioning, or everybody favorite funding. Either way somebody started buying Ucore big time. So one time event or just the start of something?
XXXXXXX


JMHO

UURAF
Ucore Rare Metals Inc (QX)
0.5235
-0.00775 (-1.46%)
Volume: 70,400
Day Range: 0.48 - 0.538
Last Trade Time: 3:32:15 PM EST

UURAF
Ucore Rare Metals Inc (QX)
0.6055
0.02242 (3.85%)
Volume: 5,510
Day Range: 0.5609 - 0.6212
Bid: 0.57
Ask: 0.70
Last Trade Time: 3:53:00 PM EDT
Total Trades: 12
UURAF Detailed Quote

The US State of Louisiana Offers C$15M+ Incentive Package for Ucore’s First RapidSX Rare Earth Processing Facility – the Louisiana SMC

- The proposed incentive package from Louisiana includes US$9.6M in tax incentives and payroll rebates over the first ten years of operation. Upon specific site selection:
- - potential additional state and local economic and workforce incentives
- - an expedited process for all required state permits
- Ucore’s Board of Directors has unanimously agreed to commit the Company toward establishing its first Strategic Metals Complex (SMC) in Louisiana
- Rare earth oxide products from the Louisiana SMC will be critical to North America’s and Louisiana’s goal to expand toward green energy technologies

Halifax, Nova Scotia (October 17, 2022) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to announce a mutual commitment with the US State of Louisiana (“Louisiana” or the “State”) toward the establishment of the Company’s first Strategic Metals Complex (“SMC”) rare earth element (“REE”) separation facility – the Louisiana SMC.

The Company’s executive team has been in discussions with the State since the spring of 2022 and spent the better part of summer in a due-diligence process. This included an August trip to examine ten existing “brownfield facilities” throughout the State. Each of these facilities provides a head start as the prospective location of the Louisiana SMC versus a new construction or “greenfield facility.”

Critical markers for success, such as streamlined inbound and outbound freight, ample supply and proximity of chemicals and reagents, attractive energy costs, the robustness of labor pools, room for ramp-up and production expansion and community support, including technical education infrastructure were all part of the size-up. Over the next few months, Ucore will select the specific facility that provides the Company with the best opportunity to execute its objective of commencing 2,000 tonnes per year of individual rare earth oxide (“REO”) production by H2-2024 and 5,000+ tonnes per year from 2026 onward.

Read more and get link to a 6 minute video at:
https://ucore.com/the-us-state-of-louisiana-offers-c15m-incentive-package-for-ucores-first-rapidsx-rare-earth-processing-facility-the-louisiana-smc/



[[ Hmmmm A very unexpected change from Canadian & Alaskan orientation, although I like the "brownfield" aspect of this decision. ]]

Ucore Updates on Bokan 2022 Field Sampling Program

October 6, 2022

Ucore continues to advance its Bokan project as a long-range heavy rare earth source to eventually complement the planned Western feedstock sources for its near-term Strategic Metals Complexes.

A summary of the 2022 field sampling program:

- Two new ˜25-ton bulk samples were collected from the western portion of the main Dotson Ridge mineralized zone
- A total of 31 new sites across the entire Dotson Ridge mineralized zone were channel sampled and consisted of 137 samples
- The geological team expects:
- - the channel sampling program will allow a significant portion of the modeled rare earth resource to be upgraded from ‘Indicated’ to ‘Measured’
- - the overall quantity of the mineral resource will marginally increase due to new exposures of vein materials discovered during the sampling program

Halifax, Nova Scotia (October 6, 2022) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to provide an update regarding the 2022 field sampling program (the “Field Program”) at its Bokan-Dotson Ridge heavy rare earth element (“REE”) mineral resource project (“Bokan”).

“Ucore continues to work to unlock the critical heavy rare earth elements at Bokan Mountain,” stated Mike Schrider, P.E., Ucore’s Vice-President and COO. “The execution of this summer’s Field Program, coupled with previous years’ successful drill programs, now positions the Bokan property closer to a feasibility study and will allow Ucore to upgrade approximately 20% of the currently ‘Indicated’ mineral resource to a ‘Measured’ resource classification.

“Ucore continues to advance its Bokan project as a long-range heavy rare earth source to eventually complement the planned Western feedstock sources for its near-term Strategic Metals Complexes. North America desperately needs independent mineral resources to transition to a green energy future centered on electric vehicles and renewable energy sources – both of which are more achievable with the heavy rare earth elements provided at Bokan Mountain.”


Read more at:
https://ucore.com/ucore-updates-on-bokan-2022-field-sampling-program/

Pat Ryan of Ucore Rare Metals on the importance of securing a domestic rare earths supply chain

Sept 30, 2022

In this InvestorIntel interview, host Jack Lifton talks to Ucore Rare Metals Inc.‘s (TSXV: UCU | OTCQX: UURAF) Chairman and CEO Pat Ryan about the importance of securing a domestic rare earths supply chain and how Ucore is moving forward with their unique technology to commission a demonstration rare earth oxides processing plant by the end of the year.

In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here to access InvestorChannel.com), Pat talks about his previous experience founding a Tier 1 automotive company and how important a stable and reliable supply chain is to the industry. “There are six times more critical metals in an electric vehicle than are in an internal combustion engine,” Pat tells Jack. “The supply chain to support it – the metallic supply chains – are needed. It’s right back to the days of Henry Ford when we had to invest in rubber plants and invest in steel mills and things that were required to make sure he could build his Model T vehicles back then, and the same thing applies today.”


Read and get video link at:
https://investorintel.com/investorintel-video/pat-ryan-of-ucore-rare-metals-on-the-importance-of-securing-a-domestic-rare-earths-supply-chain/?utm_source=rss&utm_medium=rss&utm_campaign=pat-ryan-of-ucore-rare-metals-on-the-importance-of-securing-a-domestic-rare-earths-supply-chain.



[[
Hmmmm If mentioned I missed it but there was no mention of the rapid SX plant to be built in Alaska
]]

$UURAF Ucore's Rare Earth Separation Commercial Demonstration Plant On-Track for Q4-2022 Commissioning