The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Ucore Rare Metals Inc. anticipates that the RapidSX rare earths and critical metals separation technology being developed by its subsidiary, Innovation Metals Corp., will be ready for commercial adoption and implementation by Ucore and licensees of the REE separation technology in about 15 months. RapidSX is not so much a new technology as an enormous upgrade to the conventional solvent extraction technology that has been the standard for separating rare earths for more than...
The $740.5 billion National Defense Authorization Act for Fiscal Year 2021 passed by Congress last week instructs the Pentagon to secure domestic and allied sources of strategic minerals and metals. "The COVID-19 pandemic has highlighted the striking vulnerabilities and gaps in our domestic supply chains, and the need to invest in critical mineral manufacturing and processing has taken on a new urgency," said Sen. Dan Sullivan, R-Alaska, who authored two amendments addressing...
Seeking to alleviate the United States' heavy reliance on China for its supply of the rare earth elements needed for a broad range of high-tech applications, Ucore Rare Metals Inc. has rolled out a strategy to begin producing REEs in Alaska in three years. Dubbed Alaska2023, this business plan aims to build the Alaska Strategic Metals Complex, a commercial-scale RapidSX rare earths separation and purification plant in Southeast Alaska, by 2023. This processing facility is the...
Innovation Metals Corp. said it is on pace to have a pilot plant ready to demonstrate RapidSX rare earth element separation technology by mid-2021. RapidSX, a proprietary technology developed by Innovation Metals is being commercialized for the cost-effective bulk separation and purification of rare earths, as well as the critical battery metals lithium, nickel, and cobalt. Rare earths are a group of 17 elements – 15 lanthanide elements that occupy their own row near the b...
