The Elements of Innovation Discovered
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Ucore Rare Metals Inc. is now considering a quicker and more efficient method of solvent extraction (SX) as the rare earth separation technology of choice for the Strategic Metals Complex (SMC) it is planning to develop in Southeast Alaska. This proprietary new technique for separating the tightly interlocked rare earth elements, aptly named RapidSX, was developed by Innovation Metals Corp., a private Canada-based company established to develop cost-effective processing...
Hexagon Energy Materials Ltd., an Australian company that is investing US$6 million into furthering the development of RapidSX rare earth elements separation technology, Feb. 18 said it is pleased to see Ucore Rare Metals Inc. join the effort to advance this vital technology. "Ucore's interest in and commitment to evaluating RapidSX is significant; they are a REE industry stalwart in the USA with an advanced project with US$145 million in designated financing from the Alaska...
Ucore Rare Metals Inc. wants to provide the Pentagon with an American source of rare earth elements, vital ingredients to a wide array of U.S. military hardware, from helmet mounted radios to laser guided missiles. While essential to national defense, the U.S. currently depends on foreign countries for 100 percent of its supply of rare earths. And more than 80 percent of these critical metals are imported from China, either directly or via secondary countries. As part of a...