Business
Ucore Continues to Advance its US DoD Demonstration Project towards Louisiana REE Commercialization
Halifax, Nova Scotia--(Newsfile Corp. - October 24, 2024) - Ucore Rare Metals Inc.  (TSX...
About this update from Ucore Rare Metals Inc.
[{"type":"text","content":"Ucore Continues to Advance its US DoD Demonstration Project towards Louisiana REE CommercializationHalifax, Nova Scotia--(Newsfile Corp. - October 24, 2024) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (\"Ucore\" or the \"Company\") is pleased to update on its US$4 million Other Transaction Agreement (the \"OTA\") with the US Department of Defense (the \"DoD\"). The work is taking place at the Company's Commercialization and Demonstration Facility (\"CDF\") in Kingston, Ontario, utilizing its 52-Stage RapidSX™ Demonstration Plant (\"Demo Plant\") for the separation of mixed heavy and light rare earth elements (\"REE\") from a mixed rare earth oxide (\"MREO\").Figure 1 - Ucore's 52-stage RapidSX™ Commercial Demo Plant in Kingston, Ontario (upper) and its Developing Louisiana SMC in Alexandria, Louisiana (lower)To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1119/227691_figure1.jpgDuring an October 2024 CDF visit by the DoD, the Company reported that it has completed 60% of the stated objectives in the Project's Statement of Work, including:Establishment of an enhanced on-site analytical laboratory to support 120 hours a week of scheduled shift workInstitution of a Continuous Improvement Program to ensure a \"copy and paste\" RapidSX™ technology transfer from Kingston, Ontario, to Ucore's developing commercial REE separation plant in Alexandria, Louisiana - the Louisiana Strategic Metals Complex (\"SMC\")Completion of over 2,600 hours of Demo Plant runtimeProcessing over 3 tonnes of REE derived from a heavy rare earth element ionic clay sourced MREOProducing over 57,000 liters of rare earth chloride raffinates and 57,000 liters of rare earth chloride strip liquorsDirect comparisons of the RapidSX™ Demo Plant against the smaller scale conventional SX Pilot Plant for purity and recovery - with every result to date indicating that RapidSX™ is equal to or superiorWorking towards the establishment of a commercial REE Western supply chain:Conducting approximately thirty CDF tours since the Project kickoff with US and Canadian government entities, REE resource companies, REE magnet and metal makers, automotive OEMs, rare earth oxide (\"REO\") consumers, international trading companies, financiers, an...