In this InvestorIntel interview during PDAC 2023, Byron W King talks to Ucore Rare Metals Inc.’s (TSXV: UCU | OTCQX: UURAF) CEO and Chairman Pat Ryan about how Ucore is progressing towards becoming an independent North American source of rare earths. With a commercial demo plant currently running in Kingston, Ontario, Pat provides an update on Ucore’s planned full-scale commercial plant in Louisiana, USA that is targeted for operations by the end of 2024.
Pat goes on to provide an update on Ucore’s RapidSX™ technology for the separation of heavy and light rare earth elements which can also be used for separating any metal that uses solvent extraction technique. Speaking about the vulnerability of the rare earths supply chain with China currently controlling the rare earths market, Pat discusses the need for government support to bring the North American critical minerals industry in alignment with the electric automotive industry.
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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 has an effective 100% ownership stake in the Bokan-Dotson Ridge Rare Earth Element Project in Southeast Alaska, USA. 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 development of a heavy and light rare-earth processing facility in the US State of Louisiana, subsequent SMCs in Alaska and Canada and the longer-term development of Ucore’s heavy-rare-earth-element mineral-resource property at Bokan Mountain on Prince of Wales Island, Alaska.
To learn more about Ucore Rare Metals Inc., click here.
Disclaimer: Ucore Rare Metals Inc. is an advertorial member of InvestorIntel Corp.
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