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Third REE Feedstock Boosts Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Opportunity to Demonstrate Trademarked Processing Technology Critical to National Strategy

  • Ucore Rare Metals Inc. is dedicated to providing North American independence from China’s near-monopolistic control of the rare earth element (“REE”) production pipeline that supplies metals critical to modern technologies
  • The company has developed a trademarked solution that improves on the standard process used worldwide for separating REEs from their host ores, and Ucore is demonstrating its solution’s capabilities at a Canadian facility ahead of a planned commercial operation
  • Ucore recently announced acquisition of a U.S.-sourced light REE feedstock that will be its third REE feedstock for the demonstration plant, allowing it to compare its RapidSX(TM) solution side-by-side with standard (“SX”) light and heavy REE separation process output
  • Once the demonstration plant’s commissioning process is complete, Ucore will undertake a similar demonstration program for qualification under a U.S. Department of Defense grant that will show the strategic value of the solution

Critical technology metals supply chain innovator Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is steadily and quickly developing its infrastructure for North America-based rare earth element (“REE”) processing, strengthening its competitive position and ability to disrupt the People’s Republic of China’s control of the North American REE supply chain.

Ucore began demonstrating the performance of its proprietary RapidSX(TM) solvent extraction process during the spring at an Ontario, Canada facility, and on June 29 the company announced acquisition of a third REE feedstock for the demonstration plant, establishing it as a first-of-a-kind facility in…

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NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF

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