PriceSensitive

Innovation Metals (TSXV:UCU) appoints critical-metals industry experts to its new technical advisory board

Mining
TSXV:UCU
19 May 2021 10:30 (EDT)

Innovation Metals, a subsidiary of Ucore Rare Metals (UCU) has formed a technical advisory board and appointed its initial members.

The technical advisory board is comprised of internationally recognized industry experts and thought leaders, with significant scientific, technical, and market expertise relating to rare-earth elements (REEs) and other critical materials.

Among the initial appointments are

The advisors will support Innovation Metals’ leadership team as the company continue to advance its RapidSX technology.

Dr. Gareth Hatch, Innovation Metals CEO, chairman, and co-founder, commented on the appointments.

“We are very excited and privileged to benefit from such a complementary, yet diverse group of industry experts to further enhance and advance the commercialization of the RapidSX technology,” he remarked. “IMC’s ability to attract talent of this caliber underscores the near-term potential for this much-needed technology.”

The technical advisory board will meet with the Innovation Metals board and senior officers on a quarterly basis and will be available to provide additional support when needed.

Innovation Metals has developed the proprietary RapidSX process for the low-cost separation and purification of rare-earth elements via an accelerated form of solvent extraction.

Ucore Rare Metals, its parent company, is engaged in REE resource development and commercialization.

Ucore Rare Metals is down 0.91 per cent on the day, trading at $1.09 per share as of 9:32 am ET.

Related News