- Ucore Rare Metals (UCU) has reported positive conclusions from a third-party technical review of RapidSX™ technology
- The review was commissioned by the Alaska Industrial Development and Export Authority to undertake a technical review of the RapidSX™ technology
- CEO Pat Ryan sat down with Shoran Devi to discuss the results of the evaluation
- The evaluation supports the economic benefits of RapidSX versus conventional solvent extraction
- Ucore Rare Metals is focused on rare and critical metals resources, extraction, beneficiation and separation technologies
- Ucore Rare Metals Inc. (UCU) opened trading at C$0.76 per share
Ucore Rare Metals (UCU) has reported positive conclusions from a third-party technical review of RapidSX™ technology.
CEO Pat Ryan sat down with Shoran Devi to discuss the results of the evaluation.
“We’re extremely pleased with the independent expert evaluation of the RapidSX technology, as it continues to support our commercial deployment plans that center on being very competitive for the production of REOs to be delivered to downstream EV and renewable energy manufacturers.
The evaluation’s technically based alignment with our economic premise that there is a reduction in capital cost required to build a North American SMC for REE separation versus CSX, the increased throughput using the proprietary column-based technology and thus lower working capital, supports our business planning. This includes self-use to begin (i.e., the Alaska SMC), the ability to scale appropriately as the market dictates, potential JV opportunities and eventual US-allied licensing.”
Ucore Rare Metals is focused on rare and critical metals resources, extraction, beneficiation and separation technologies.
Ucore Rare Metals Inc. (UCU) opened trading at C$0.76 per share.