- The company announced the groundbreaking of its Louisiana Strategic Metals Complex (“SMC”) in Alexandria.
- The Louisiana SMC is designed to utilize Ucore’s proprietary RapidSX(TM) technology.
- Ucore also announced the execution of $18.4 million in funding from the U.S. Department of Defense (“DoD”).
Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals technology company developing scalable rare earth element (“REE”) refining infrastructure in North America, has marked a significant milestone in the development of a domestic REE supply chain. The company announced the groundbreaking of its Louisiana Strategic Metals Complex (“SMC”) in Alexandria (https://ibn.fm/zPMiw). This facility represents the company’s first commercial REE refining operation and is poised to play a pivotal role in reducing North America’s reliance on foreign sources for critical minerals.
The Louisiana SMC is designed to utilize Ucore’s proprietary RapidSX(TM) technology, an advanced solvent extraction process that offers a more efficient and environmentally friendly method for separating REEs (https://ibn.fm/DbX2R). This technology has demonstrated the capability to process REEs at least…
NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF
About ESGWireNews
ESGWireNews (“ESG”) is a specialized communications platform with a focus on the Environmental, Social and Governance (ESG) sector and public companies committed to sustainable corporate practices. ESGWireNews is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, ESG is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, ESG brings its clients unparalleled recognition and brand awareness. ESG is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from ESGWireNews, text “ESG” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.ESGWireNews.com
Please see full terms of use and disclaimers on the ESGWireNews website applicable to all content provided by ESG, wherever published or re-published: https://www.ESGWireNews.com/Disclaimer
ESGWireNews
Los Angeles, CA
www.ESGWireNews.com
310.299.1717 Office
Editor@ESGWireNews.com
ESGWireNews is powered by IBN
