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. says the COVID-19 pandemic shines a spotlight on the need for a domestic supply of rare earth elements and other critical minerals and the company continues to make headway toward helping to fill that supply with its mine-to-metal-to-market "M3" strategy. "The current crisis underscores the extremely vulnerable nature of critical materials supply chains in the U.S. globalization and single-source foreign dependencies are not mitigating this risk – t...