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Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) – Leveraging Strategic Partnerships and Advanced Processing Technology to Disrupt China’s Dominance in Critical REE Space

  • Ucore is a company engaged in the exploration for and separation and scalable production of REEs in Canada and the US
  • The company is focusing on a section of the REE supply chain where China has taken control of rare earth oxide production: the midstream
  • Ucore is focused on finding US-allied friendly feedstocks upstream, processing them, and then feeding them to customers downstream that want to find an ex-China solution to be able to make things work for them
  • The company’s RapidSX is a more competitive REE processing technology that improves the efficiency of the conventional solvent extraction process, resulting in better throughput and other allied benefits

Scientists have continuously explored the potential of rare earth elements in various fields, and have long established them as nation-critical. Just recently, a team led by Professor Ranga Dias discovered a new superconducting material that “works at both a temperature and a pressure low enough to actually use it in practical situations,” according to an article in the Independent (https://ibn.fm/SRCOv). The material is made by mixing a rare earth metal called lutetium with hydrogen and a small part of nitrogen and leaving these elements to react for two or three days at high temperatures.

To acquire its superconducting properties, the material, nicknamed ‘reddmatter,’ must be compressed to about 145,000 psi and heated to 20.5°C. But according to the article, these conditions are vastly less intense than other similar materials, which is why Andrew Griffin, the author, believes the material has…

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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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