The Elements of Innovation Discovered
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Ucore Rare Metals Inc. has cut a deal to acquire full ownership of Innovation Metals Corp. – a private Canada-based company that has developed RapidSX technology for the separation and purification of rare earth elements and other critical metals – in exchange for C$5.8 million of Ucore shares. Ucore and Innovation Metals entered into a service agreement earlier this year to carry out bench-scale testing of RapidSX on the separation of rare earths from concentrates pro...
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...