EDITOR: | April 20th, 2016 | 20 Comments

Lifton on Liberating Global Markets from Chinese Dependence

| April 20, 2016 | 20 Comments
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nonApril 20, 2016 – In a special interview, InvestorIntel speaks with technology metals advisor Jack Lifton, about his insights on Ucore’s SuperLig®-One rare earth separation pilot plant and its implications for the future of tech metals processing. Jack explains how SuperLig® technology make Ucore “the company to beat” in the non-Chinese tech metals refining space. Jack also touches on the broad capabilities of the technology to separate not only the rare earth elements (REE’s, rare earths), but cleantech metals such as lithium, cobalt, tungsten, and many more. He qualifies the scale of the opportunity as global: “I’m sure that it won’t be very long before there are these types of plants operated by your company around the world. Where the feed stock is, quite frankly, available in – from India, southeast Asia, Africa, South America and North America and Australia. In other words, the entire world.”

Excerpt from interview with Jack Lifton: “This pilot plan puts the U.S. and the rest of the non-Chinese world back on the scoreboard because what we have here is for the first time a new, much more efficient, more economic system of producing very high purity technology materials, metals and materials. And the reason the Chinese have dominated this field for so long is because they have the entire supply chain. And so we can, quite frankly, dig all the holes we want. It doesn’t do any good because we can’t process material.

Lifton_JackWhat this brings back to the market, American, domestic, whatever you want to call it, is the ability to be competitive. And so companies here, for example, that don’t want to make products with technology metals and materials because the only source is foreign and typically China and they can’t get them except at the behest of the Chinese, now they have an option. They have an alternative. And I guarantee you this is going to create a great deal of investment in high tech because high tech is based on technology, metals and materials and that’s what you’re going to be producing.

At the moment there is no other place in the world outside of China that is capable of producing heavy rare earth metals in high purity form or midrange metals for that matter, rare earths. So you’re adding value to the entire technology world outside of China. We’re never going to be competitive unless people like you bring businesses like this into existence…to access the complete interview, click here

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Comments

  • Jeff Thompson

    Looking forward to seeing the advancement of North American re-independence from the undue influence the Chinese monopoly has at the moment over rare earths and other important elements. Once the pilot plant has been able to demonstrate separation to specification with independently-verified results, then, in addition to Bokan, there is scope here to potentially source other materials, rare earth and otherwise, from a variety of other North American locations, each according to their merits/mineralogy, and realize the ambition of building the supply chain at multiple levels.

    The problems in the East China Sea and the South China Sea aren’t going away any time soon, if ever. Good to see efforts to gear up now, so we are ready to call the bluff the next time. Just look at what Saudi Arabia is trying to do with blackmail on redemption of a large number of Treasury bonds. Similar scenarios could play out with all of the Treasury bonds also held by the Chinese government, so the sooner North America reestablishes material independence, the better.

    April 20, 2016 - 7:52 PM

  • RareEarthKing

    Jack, why have you given up on TRER (now TMRC) and their processes?

    April 21, 2016 - 2:10 AM

  • Sluggo

    Ditto: Rare Element Resources. Are you still a paid advisor to REEMF?
    A little explanation might go a long way.

    April 21, 2016 - 12:12 PM

  • Alvarita

    Double ditto. Someone has commented on another message board that you are loaded with Ucore stock options as part of your advisory board position. Is it true?

    April 21, 2016 - 1:30 PM

  • Kitjean

    As a longtime investor in UCORE I’m happy to see positive articles about the company. However, IMO Jack Lifton is nothing more than a bought and paid for hack. I remember when he extolled the virtues of Great Western as the model company in the REE world but distanced himself from them as soon as the company when south.

    April 21, 2016 - 2:33 PM

  • Outonthetiles

    Seems like the separation race is on between GeoMegA out of Quebec and UCU. I’ll stick to investing in the company that Jack doesn’t get paid to pump as every he seems to get behind eventually ends up in the toilet. With a lot less shares outstanding and the Quebec government behind their process it’s a no brainer compared to MRT which can’t even separate all Rare Earths to a 100%….. what’s the point?

    Cheers

    April 21, 2016 - 3:36 PM

  • Jack Lifton

    All,

    I am no longer advising any rare earth junior other than Ucore as of March 29, 2016. I am paid a fee based on time and expenses for business operations consulting to Ucore on a monthly basis, and I have agreed to become a member of their already very distinguished advisory board. I have no stock options in Ucore or any other associated company.
    I left my board membership with TRER as it was considered to be a conflict of interest with the new Ucore agreement.
    All of RER’s outside consultants were terminated on Dec 31, 2015 and those working for Tasman were also terminated in late February 2016.

    I am on the advisory board and consult to Elcora Advanced Materials, a graphite/graphene producer, and I have two other consulting arrangements in technology metals and materials with clients who do not wish me to disclose their identity and my work for whom is not in conflict with my work for Ucore.
    To the a..hole who calls me a hack for “abandoning GWMG.” I note that I was NEVER a paid consultant to GWMG; nor did I ever have shares in the company that I did not buy with my own funds. I stopped supporting the company when the original management was dismissed and replaced by managers who I thought could not do the job.
    I am following all of the new and newly applied processes to separate, purify, turn into metals; and turn into alloys the rare earth elements. Many of them show great promise, but, so far, only one has reached the (successful) pilot plant phase, MRT.

    MRT has been proven to be effective and its usage will now expand to cover rare earth separations; it is already in use extensively in the platinum group metals recycling space as well as in a broad spectrum of technology metals refining and recycling operations worldwide. It is poised for a major expansion of utilization, and I am very glad to be a part of that.
    Jack Lifton

    April 21, 2016 - 3:53 PM

  • Sluggo

    Thanks for the update Jack. You don’t know the players without a program & I guess it’s time to finally toss this old one.

    April 21, 2016 - 4:24 PM

  • Jim

    Jack,
    How long (years) will it take to be up and running?
    Where does Lynas stand in all of this?
    Why do you never talk Lynas?
    Jim

    April 21, 2016 - 5:03 PM

  • Kitjean

    Along with Great Western, Lynas was the other company Mr. Lifton claimed had the best shot of succeeding. Well he was dead wrong about them as well which explains why he never refers to them any more. There was a time I regarded Mr. Lifton as the preeminent voice regarding REE, but no longer. Of course there’s no denying his expertise in the field but being a “hired gun” significantly reduces his credibility.

    April 21, 2016 - 7:00 PM

  • Jeff Thompson

    I note with interest that for the first time in many months, Metal Pages reports a slight uptick in rare earth prices, just in a +0.5% to +2.0% range, for various forms of Nd-Pr, Dy, Tb, and even La, which was somewhat surprisingly identified in a recent Defense Logistics Agency(US Department of Defense) report on stockpiling as being a critical element.

    Perhaps just a blip in the continued downward trajectory of rare earth prices that has been occurring since (confusingly) the Chinese implemented their May 2015 resource tax, or perhaps finally the beginning of a bottoming process in this subsector of commodities. If the recent violent upsurge in precious metal and base metal prices is any sort of reminder, it doesn’t take much in the way of a shift of outside catalysts, or even sentiment, to rapidly move commodity prices, especially for subsectors like rare earths that are small compared to the precious and base metal market sizes.

    April 21, 2016 - 7:16 PM

  • Jack Lifton

    Jim,

    It looks like the first Ucore/IBCAT MRT based rare earth separation plant will be in operation in less than a year. The scale of the operation will depend on the setting up of regular supplies of feedstock, the scope and scale of further downstream processing, and the success of its marketing.

    As to Lynas: it’s operations are up and running well, and its Japanese market is solid. Lynas technical competence is first class. There is no comparison with the Molycorp disaster, which was not caused just by market volatility but by very poor leadership up to and especially including the board. Lynas does not suffer from a leadership problem, but it is very much driven by the market’s volatility. I think that it will survive and prosper so long as it’s,Japanese backers stay the course, and they show every sign of doing so.

    Jack

    April 21, 2016 - 7:36 PM

  • Tom Anderson

    This Superlig technology is a game changer in the junior mining space… I can’t wait to see what MRT can do for the Lithium space. Exciting times.

    Another great update from Mr. Lifton. I was first introduced to Ucore by Jack well before he was ever on the advisory board. He has been a loyal Ucore supporter for at least 6 years. I watched him on BNN when nobody knew what Rare Earths were. At the time he picked Ucore and here they are today… the lone survivor. I’m happy to see him on the board. As the company becomes a real business, Jack will be a huge asset for the Ucore team.

    It looks like it’s going to be a big year for Ucore…

    Tom

    April 21, 2016 - 9:00 PM

  • Geoff Gravel

    I think that everyone is overlooking the substance of the video with Jack. This is a remarkable achievement for Ucore. They are the first and last hope in the REE Space for Western Production. Let’s stop arguing about the politics of Lifton’s association with Ucore and focus more on the Ucore story. Ucore is successfully moving ahead with this technology. We need to really pay attention to the message in the video and not the messenger. This separation technology gives Ucore access to multiple sources of feedstock at a global level. Proving out the technology is the final step with this pilot plant.

    Looking forward to big news from Ucore in the near term.

    -Geoff

    April 22, 2016 - 10:27 AM

  • hackenzac

    “It looks like the first Ucore/IBCAT MRT based rare earth separation plant will be in operation in less than a year. The scale of the operation will depend on the setting up of regular supplies of feedstock, the scope and scale of further downstream processing, and the success of its marketing.” Intriguing but In my opinion, this information seems to be material and I would expect that it be announced officially.

    April 22, 2016 - 10:49 AM

  • Jack Lifton

    Geoff and Hakenzac,

    You are both correct. The messenger is immaterial; it is the message that is important. And information about plant capabilities and capacities should be available to the public as well as confirmed sales contracts. All of these types of information are indicative of a going concern, and I hope that Ucore/IBCAT will reach that status this year. After that happens the North American rare earth space will be well on the way back to having a domestic total supply chain.
    I will do everything that I can to help to achieve that goal, but the applause should go to the Izatt family and Jim McKenzie.

    Jack

    April 22, 2016 - 12:39 PM

  • Bill Hebert

    I find it intriguing that this technology may have the capability to separate metals beyond rare earths. It’s an interesting time in the clean technology space. When I think of Ucore I think of a young Tesla trying to revolutionize the transportation world. I believe Ucore has the same opportunity with metals separation. I wish them all the best and hope they are successful.

    April 26, 2016 - 9:18 AM

  • John crouse

    Many thanks to Investor Intel for their continuing coverage of this innovative company.

    I’ve been following the REE space for several years and I’ve been very impressed with Ucore’s ability to use American Technology to solve one of the most daunting problems facing us at present: recreating a technology metals supply on domestic soil.

    The United States has always been a technology leader and is threatened with supply stock of Rare Earths, Lithium, Cobalt, etc.  I believe we should be cheering these developments rather than jeering the soapbox from which it comes.

    Ucore has cracked the code without using Solvent Extraction.  This is a revolution in the making and we should be encouraging their efforts to solve the problem.

    I agree with Bill that the debate,  similar to Tesla, continues to prevail. Name a new Technology that didn’t have naysayers.  Ucore needs to ignore the negative discussion and continue to focus on the bigger picture.  Folks, this is Nobel Prize winning technology…there was a new class of chemistry created specifically for this technology.  IBC even coined the term Molecular Recognition Technology.  In France and entire institution has been dedicated to the advancement of this science.

    If you’re not able to spot the potential now you will miss out on a tremendous opportunity down the line.

    April 26, 2016 - 9:44 AM

  • Investor

    Ask French what they think about IBC. Horses for courses.

    The China argument is becoming dated. We need to get over it.

    Money talks at the end. The price needs to be right.

    April 26, 2016 - 7:06 PM

  • Lifton says Ucore's rare earth technology will be innovative and disruptive | InvestorIntel

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