farml1234
7 días hace
Here is the executive order: "Immediate Measures to Increase American Mineral Production"
Immediate Measures to Increase American Mineral Production
Executive Orders
March 20, 2025
By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of title 3, United States Code, it is hereby ordered:
Section 1. Purpose. The United States possesses vast mineral resources that can create jobs, fuel prosperity, and significantly reduce our reliance on foreign nations. Transportation, infrastructure, defense capabilities, and the next generation of technology rely upon a secure, predictable, and affordable supply of minerals. The United States was once the world’s largest producer of lucrative minerals, but overbearing Federal regulation has eroded our Nation’s mineral production. Our national and economic security are now acutely threatened by our reliance upon hostile foreign powers’ mineral production. It is imperative for our national security that the United States take immediate action to facilitate domestic mineral production to the maximum possible extent.
Sec. 2. Definitions. For the purposes of this order:
(a) “Mineral” means a critical mineral, as defined by 30 U.S.C. 1606(a)(3), as well as uranium, copper, potash, gold, and any other element, compound or material as determined by the Chair of the National Energy Dominance Council (NEDC).
(b) “Mineral production” means the mining, processing, refining, and smelting of minerals, and the production of processed critical minerals and other derivative products.
(c) The term “processed minerals” refers to minerals that have undergone the activities that occur after mineral ore is extracted from a mine up through its conversion into a metal, metal powder, or a master alloy. These activities specifically occur beginning from the point at which ores are converted into oxide concentrates, separated into oxides, and converted into metals, metal powders, and master alloys.
(d) The term “derivative products” includes all goods that incorporate processed minerals as inputs. These goods include semi-finished goods (such as semiconductor wafers, anodes, and cathodes) as well as final products (such as permanent magnets, motors, electric vehicles, batteries, smartphones, microprocessors, radar systems, wind turbines and their components, and advanced optical devices).
Sec. 3. Priority Projects. (a) Within 10 days of the date of this order, the head of each executive department and agency (agency) involved in the permitting of mineral production in the United States shall provide to the Chair of the NEDC a list of all mineral production projects for which a plan of operations, a permit application, or other application for approval has been submitted to such agency. Within 10 days of the submission of such lists, the head of each such agency shall, in coordination with the Chair of the NEDC, identify priority projects that can be immediately approved or for which permits can be immediately issued, and take all necessary or appropriate actions within the agency’s authority to expedite and issue the relevant permits or approvals.
(b) Within 15 days of the date of this order, the Chair of the NEDC, in consultation with the heads of relevant agencies, shall submit to the Executive Director of the Permitting Council mineral production projects to be considered as transparency projects on the Permitting Dashboard established under section 41003 of title 41 of the Fixing America’s Surface Transportation Act, Public Law 114-94, 129 Stat. 1748. Within 15 days of receiving the submission, the Executive Director shall publish any projects selected and establish schedules for expedited review.
(c) The Chair of the NEDC, in consultation with relevant agencies, shall issue a request for information to solicit industry feedback on regulatory bottlenecks and other recommended strategies for expediting domestic mineral production.
Sec. 4. Mining Act of 1872. Within 30 days of the date of this order, the Chair of the NEDC and the Director of the Office of Legislative Affairs shall jointly prepare and submit recommendations to the President for the Congress to clarify the treatment of waste rock, tailings, and mine waste disposal under the Mining Act of 1872.
Sec. 5. Land Use for Mineral Projects. (a) Within 10 days of the date of this order, the Secretary of the Interior shall identify and provide the Assistant to the President for Economic Policy and the Assistant to the President for National Security Affairs with a list of all Federal lands known to hold mineral deposits and reserves. The Secretary of the Interior shall prioritize mineral production and mining related purposes as the primary land uses in these areas, consistent with applicable law. Land use plans under the Federal Land Policy and Management Act shall provide for mineral production and ancillary uses, and be amended or revised as necessary, to support the intent of this order.
(b) Within 30 days of the date of this order, the Secretary of Defense, the Secretary of the Interior, the Secretary of Agriculture, and the Secretary of Energy shall identify as many sites as possible on Federal land managed by their respective agencies that may be suitable for leasing or development pursuant to 10 U.S.C. 2667, 42 U.S.C. 7256, or other applicable authorities, for the construction and operation of private commercial mineral production enterprises and provide such list to the Assistant to the President for Economic Policy, the Assistant to the President for National Security Affairs, and the Chair of the NEDC. The Secretary of Defense, the Secretary of the Interior, the Secretary of Agriculture, and the Secretary of Energy shall prioritize including sites on such lists on which mineral production projects could be fully permitted and operational as soon as possible and have the greatest potential effect on robustness of the domestic mineral supply chain.
(c) The Secretary of Defense and the Secretary of Energy shall enter into extended use leases as authorized by 10 U.S.C. 2667 or by 42 U.S.C. 7256(a) respectively, or using any other authority they deem appropriate, with private entities to advance the installation of commercial mineral production enterprises on the lands identified pursuant to subsection (b) of this section. The installation of such commercial mineral production enterprises may be accomplished through development and construction or via modification of existing structures to be compatible with commercial requirements.
(d) Within 30 days of the date of this order, the Secretary of Defense and the Secretary of Energy shall coordinate with the Secretary of Agriculture, the Administrator of the Small Business Administration, and the head of any other agency that provides or can provide loans, capital assistance, technical assistance, and working capital to domestic mineral production project sponsors to ensure that all private parties who enter into lease and commercial agreements under subsection (c) of this section can utilize as many favorable terms and conditions as are available under public assistance programs for these purposes, consistent with applicable law.
Sec. 6. Accelerating Private and Public Capital Investment. (a) The Secretary of Defense shall utilize the National Security Capital Forum to facilitate the introduction of entities to pair private capital with commercially viable domestic mineral production projects to the maximum possible extent.
(b) To address the national emergency declared pursuant to Executive Order 14156 of January 20, 2025 (Declaring a National Energy Emergency), I hereby waive the requirements of 50 U.S.C. 4533(a)(1) through (a)(6). By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of title 3, United States Code, I hereby delegate to the Secretary of Defense the authority of the President conferred by section 303 of the Defense Production Act (DPA) (50 U.S.C. 4533). The Secretary of Defense may use the authority under section 303 of the DPA, in consultation with the Secretary of the Interior, the Secretary of Energy, the Chair of the NEDC, and the heads of other agencies as the Secretary of Defense deems appropriate, for the domestic production and facilitation of strategic resources the Secretary of Defense deems necessary or appropriate to advance domestic mineral production in the United States. Further, within 30 days of the date of this order, the Secretary of Defense shall add mineral production as a priority industrial capability development area for the Industrial Base Analysis and Sustainment Program.
(c) Agencies that are empowered to make loans, loan guarantees, grants, equity investments, or to conclude offtake agreements to advance national security in securing vital mineral supply chains, both domestically and abroad, shall, to the extent permitted by law, take steps to rescind any policies that require an applicant to complete and submit to the agency as part of an application for such funds the disclosures that are required by Regulation S-K part 1300.
(d) To address the national emergency declared pursuant to Executive Order 14156, I hereby waive the requirements of 50 U.S.C. 4531(d)(1)(a)(ii), 4332(d)(1)(B), and 4533(a)(1) through (a)(6). By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of title 3, United States Code, I hereby delegate to the Chief Executive Officer (CEO) of the United States International Development Finance Corporation (DFC) the authority of the President conferred by sections 301, 302, and 303 of the DPA (50 U.S.C. 4531, 4532, and 4533), and the authority to implement the DPA in 50 U.S.C. 4554, 4555, 4556, and 4560. The CEO of the DFC may use the authority under sections 301, 302 and 303 of the DPA, in consultation with the Secretary of Defense, the Secretary of the Interior, the Secretary of Energy, the Chair of the NEDC, and the heads of other agencies as the CEO deems appropriate, for the domestic production and facilitation of strategic resources the CEO deems necessary or appropriate to advance mineral production. The loan authority delegated by this order is limited to loans that create, maintain, protect, expand, or restore domestic mineral production. Loans, loan guarantees, and political risk insurance extended using the authority delegated by this subsection shall be made in accordance with the principles and guidelines outlined in the Office of Management and Budget (OMB) Circular A-11 and OMB Circular A-129, in each case subject to such exceptions as the Director of OMB grants, and the Federal Credit Reform Act of 1990, as amended (2 U.S.C. 661 et seq.). The CEO of the DFC, in coordination with the Director of OMB, shall adopt appropriate rules and regulations as may be necessary to implement this order in coordination with the Assistant to the President for Economic Policy.
(e) Within 30 days of the date of this order, the CEO of the DFC and the Secretary of Defense shall develop and propose a plan to the Assistant to the President for National Security Affairs for the DFC to use Department of Defense investment authorities (including the DPA) and the Department of Defense Office of Strategic Capital to establish a dedicated mineral and mineral production fund for domestic investments executed by the DFC. Any such fund shall be implemented pursuant to such plan only after approval by each of the Secretary of Defense, the CEO of the DFC, and the Assistant to the President for National Security Affairs. Pursuant to the reimbursement authorities in the Economy Act, the Secretary of Defense shall transfer to the DFC any appropriated funds from the Defense Production Act Fund or from the Office of Strategic Capital necessary to reimburse the DFC in connection with its services performed on behalf of and in coordination with the Department of Defense to implement subsection (d) of this section and this subsection. In connection with such reimbursements, the Secretary of Defense shall direct the Under Secretary of Defense (Comptroller) to defer to the credit and underwriting policies of the DFC with respect to the use of such funds by the DFC.
(f) Within 30 days of the date of this order, the President of the Export-Import Bank shall release recommended program guidance for the use of mineral and mineral production financing tools authorized under the Supply Chain Resiliency Initiative to secure United States offtake of global raw mineral feedstock for domestic minerals processing, as well as under the Make More in America Initiative to support domestic mineral production.
(g) Within 30 days of the date of this order, the Assistant Secretary of Defense for Industrial Base Policy shall convene buyers of minerals and work towards an announced request for bids to supply the minerals.
(h) Within 45 days of the date of this order, the Administrator of the Small Business Administration shall prepare and submit through the Assistant to the President for Economic Policy recommendations for legislation to enhance private-public capital activities to support financings to domestic small businesses engaged in mineral production. The Administrator of the Small Business Administration shall further take steps to promulgate such regulations, rules, and guidance as the Administrator determines are necessary or appropriate for such purposes.
Sec. 7. General Provisions. (a) Nothing in this order shall be construed to impair or otherwise affect:
(i) the authority granted by law to an executive department or agency, or the head thereof; or
(ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.
(b) This order shall be implemented consistent with applicable law and subject to the availability of appropriations.
(c) This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.
DONALD J. TRUMP
THE WHITE HOUSE,
March 20, 2025.
douginil
4 meses hace
Halifax, Nova Scotia (December 4, 2024) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”), noting the recent news about potentially increased tariffs, comments on the value of its new Strategic Metals Complex (SMC) in the favorable location of England Airpark Foreign Trade Zone (FTZ) for affordable supply of rare earths to U.S. consumers.
Ucore’s proposed Louisiana rare earth refining facility is located within the England Airpark & Community, a Foreign Trade Zone.
Foreign Trade Zones have the potential to mitigate the impact of proposed tariffs on the import and export of rare earth products
During the recent election campaign, and following the Republican victory, President-elect Trump emphasized a return to tariffs and other trade measures as a way to encourage the reshoring of American manufacturing. Key proposals include heightened tariffs on Chinese and other foreign-made goods, especially in critical materials supply chains.
The U.S. Department of Defense (DoD) and other key federal agencies have identified rare earth elements as critical to national security, powering technologies from advanced fighter jets to renewable energy systems. DoD, in particular, is required to begin sourcing rare earths from non-Chinese sources. However, over 80% of REE processing currently takes place in China, leaving the U.S. vulnerable to supply chain disruptions.
Ucore, which has located its first SMC within the England Airpark FTZ in Alexandria, Louisiana, is well-positioned to assist customers in developing secure rare earth supply chains that comply with DoD acquisition regulations and have favorable import status. FTZs are designated geographic areas where commercial merchandise, both domestic and foreign, is treated as if it were outside the U.S. commerce for Customs purposes. This structure can potentially provide tariff and tax relief, helping American businesses stay competitive on the import of foreign inputs and on exporting finished products.
Ucore encourages manufacturers seeking rare earth solutions to connect with us to determine how this uniquely advantageous import and export zone can reduce tariff costs, encourage sustainable supply chains, and support the revitalization of the domestic REE supply chain. This includes new manufacturers and technology operations, longtime rare earth magnet users, and even the most established supply chain managers in Europe, Japan and South Korea, who may all see a reduction in the cost and risk of operations.
Developing Louisiana SMC in Alexandria, Louisiana
“Being located in Louisiana, where there is a strong Republican delegation, further highlights the advantages and opportune location to launch Ucore’s REE refining and separation in the U.S.” stated Pat Ryan, CEO of Ucore. “The foreign trade zone status provided by our partner, the England Airpark & Community, is unique as it allows a competitive structure by reducing tariff burdens on the necessary foreign inputs and allowing a seamless avenue to service downstream customers with exported finished product.”
douginil
8 meses hace
Ucore Announces Memorandum of Understanding and Project Collaboration with Cyclic Materials
The execution of a memorandum of understanding (“MOU”) with Cyclic Materials for the future supply of recycled mixed rare earth oxide (“rMREO”):
trial quantities to support its rare earth demonstration program at its RapidSX™ Commercialization and Demonstration Facility in Kingston, Ontario
as an intended long-term source for Ucore’s developing commercial rare earth element separation and oxide production plants across the United States
and Canada
Halifax, Nova Scotia (July 25, 2024) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to announce the completion of prerequisite conditions to announce the execution of a February 2024, non-binding memorandum of understanding (“MOU”) with Cyclic Materials (“Cyclic”) for the future supply of recycled mixed rare earth oxides (“rMREO”).
Figure 1 - The two Canadian companies’ demonstration facilities, Cyclic Materials’ Hub100 and Ucore’s RapidSX™ CDF, are side-by-side in Kingston, Ontario
The companies will work together toward determining the potential of a long-term supply agreement, starting with Cyclic Materials supplying trial quantities of rMREO to Ucore’s RapidSX™ Commercialization Demonstration Plant. This project received $4.28 million [1] in contribution funding from Natural Resources Canada’s (“NRCan”) Critical Minerals Research, Development and Demonstration Program (“CMRDD”). This funding was announced on February 5, 2024, with the goal of processing rare earth materials through Ucore’s RapidSX™ Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario. The ultimate objective of the MOU is to qualify Cyclic Materials’ product in Ucore’s process and ensure Ucore’s developing North American commercial rare earth oxide production output includes North American recycled content from Cyclic Materials, as Cyclic’s capacities scale.
Mike Schrider, P.E., Vice President and Chief Operating Officer of Ucore, stated: "Ucore is very pleased to be working with Cyclic Materials on our rare earth demonstration project and as a potential long-term supply partner of our developing commercial rare earth oxide production facilities. Ucore and Cyclic Materials offer a complete Canadian technology solution to alter North America’s rare earth supply chain dependence, and we are very pleased to have NRCan’s support as we demonstrate these two transformative technologies working together in Kingston, Ontario.”
Kunal Phalpher, SVP Corporate Development - Cyclic Materials – “Cyclic Materials roots are in Ontario, and we are very pleased to have this opportunity to support Ucore’s project with NRCan as we advance and commercialize our technology. We look forward to contributing to this project to support the development of a domestic supply chain for rare earth elements and magnets required for the energy transition.”
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_________________________
[1] The NRCan CMRDD contribution agreement includes total eligible expenditures of $4,275,848 to be reimbursed to Ucore out of the total Project Budget of $8,308,441.
About Ucore Rare Metals Inc.
Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore’s vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.
Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term establishment of a heavy and light rare-earth processing facility in the U.S. State of Louisiana, subsequent Strategic Metal Complexes in Canada and Alaska and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA.
Ucore is listed on the TSXV under the trading symbol “UCU” and in the United States on the OTC Markets’ OTCQX® Best Market under the ticker symbol “UURAF.”
douginil
1 año hace
Ucore Welcomes Canadian Government Officials to its Kingston Ontario CDF for an NRCan Funding Announcement
Halifax, Nova Scotia (February 5, 2024) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) is pleased to host Canadian Government officials at its RapidSX™ Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario, for the formal announcement of $4.2 million of funding through Natural Resources Canada’s (“NRCan”) Critical Minerals Research, Development and Demonstration (“CMRDD”) program. This funding program was originally announced by Ucore on November 20, 2023.
Today, Mark Gerretsen, Member of Parliament for Kingston and the Islands, on behalf of the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced a $4.2-million investment to Ucore Rare Metals Inc. This investment will help scale up and demonstrate the commercial efficacy of Ucore’s pending patent and Canadian-developed RapidSX™ rare earth element separation technology platform under rigorously simulated commercial conditions.
The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, stated, “Critical metals like rare earth elements are an integral part of many clean technologies and energy sources. Demand for these resources will only grow. That is why we are taking action to build resilient and secure supply chains that provide the materials we need and the good jobs Canadian workers deserve right here in Canada. Investments like today’s, help to support these goals and will help us to build a prosperous and sustainable low-carbon economy that works for everyone.”
Funded through the CMRDD program, Ucore’s project will support Canada in increasing the supply of metals that are essential to the development of electric vehicle motors and wind turbines. This is a critical step in the development of a domestic electric vehicle value chain.
Mike Schrider, P.E., Vice President & COO of Ucore, noted, “This NRCan demonstration project shines a light on the lesser known but equally important aspect of the critical metals supply chain in North America — rare earth elements. A rare earth permanent magnet motor is by far the most efficient means of converting electrical energy from batteries to mechanical energy for electric vehicles, and in reverse, wind turbines. Ucore is very appreciative of this NRCan opportunity to demonstrate our transformative RapidSX™ technology for the separation of rare earth elements with our Canadian project partners, Cyclic Materials, Defense Metals, and Kingston Process Metallurgy. Through this project, we are moving Canada closer to fully incorporating these critical supply chain metals on a significant commercial scale.”
Primary NRCan Objectives for the Project:
Instead of shipping Canada’s concentrates overseas for foreign separation, Ucore's project will support Canada’s direct participation in the growing market of heavy and light rare earth elements. This funding will also provide employment opportunities for skilled trades and professional occupations, including Indigenous communities. Importantly, the investment supports the development of Canadian expertise and deploys a new, more sustainable technology to the benefit of other domestic companies. In addition to electric vehicles, rare earth elements are also required for wind turbines and a variety of electronics.
farml1234
2 años hace
News out and good !
Ucore Hosts RapidSX(TM) Demo Plant Tours and Updates on Successful REE Separation Commissioning Trials
V.UCU | 57 minutes ago
Ucore's Kingston, Ontario, RapidSX™ Rare Earth Element ("REE") Separation Demonstration Plant ("Demo Plant"):
hosted dozens of industry and government visitors for private tours and presentations in early March
has successfully achieved the first phase of extraction testing during its synthetic monazite commissioning trials
Halifax, Nova Scotia--(Newsfile Corp. - March 16, 2023) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an update on activities at its RapidSX™ Demonstration Plant ("Demo Plant") for the separation of heavy and light rare earth elements ("REEs"). The Demo Plant is located within Ucore's RapidSX™ Commercialization and Demonstration Facility ("CDF") in Kingston, Ontario, and is run by its laboratory partner, Kingston Process Metallurgy Inc.("KPM").
Cannot view this image? Visit: https://images.newsfilecorp.com/files/1119/158683_figure01.jpg
Figure 1 – The 52-Stage RapidSX™ REE Separation Demo Plant in Kingston, Ontario
Designed to Process HREE & LREE Feedstocks Derived from Bastnasite, Eudialyte, Ionic Clay, Monazite, Xenotime, and other Mineralization Sources. Plant presentations and tours below.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1119/158683_rapidsx_tour2.jpg
In early March, the Company hosted dozens of industry and government visitors for private tours and presentations at its CDF in Kingston, Ontario. The by-invite-only tours introduced and/or updated key existing and prospective strategic partners by demonstrating the operational advantages of Ucore's RapidSX™ 52-stage REE separation processing system. Ucore highlighted the uniqueness of being able to qualify original equipment manufacturers ("OEM") planned product requirements and outlined the next stages of commercial deployment activities made possible by the upscale design and function of the Demo Plant. Ucore is now executing a commercial deployment strategy of its RapidSX™ technology platform, which involves "copying and pasting" the current activities within the CDF to its first planned commercial scale REE separation and oxide production plant.
The Company, its engineering partner, Mech-Chem Associates, Inc. ("Mech-Chem"), and the scientific team at KPM are developing the full-scale engineering for the first Strategic Metals Complex ("SMC"). The SMC is a planned REE separation and rare earth oxide production plant slated to commence construction in the US State of Louisiana this year. It is scheduled to initially process 2,000 tonnes of total rare earth oxides ("TREO") by Q1-2025, increasing to 5,000 tonnes in 2026. Additionally, Ucore is investigating expanding the production throughput to 7,500 tpa of TREO by 2028 due to the specific characteristics of the soon-to-be-announced Louisiana SMC brownfield facility.
"Ucore recently had a tremendous opportunity to meet with and demonstrate our precise plan of establishing an independent REE supply chain to current and prospective industry and government partners at the CDF," stated Mike Schrider, P.E., Ucore's VP and COO. "We have assembled a remarkable team to develop the Demo Plant and, in parallel, the full-scale facility in Louisiana. The RapidSX™ technology platform assembly, commissioning, and demonstration process results learned in Kingston will continue to be directly applied to our planned Louisiana SMC and other planned SMCs – one of which is destined for Canada."
Concurrently, the Company has successfully completed the first phase of extraction circuit testing during its SX-1i synthetic monazite trials at the Demo Plant. SX-1 is designed to separate the heavy REE ("HREE") from the light REE ("LREE"); the results showed that the target separation was achieved and could be enhanced by further tuning of the operational parameters – which is the specific objective of the commissioning trials. Solvent extraction by RapidSX™ is highly effective, efficient, adaptable, and easy to implement in contrast to conventional mixer settlers.
Once commissioned, the Demo Plant is designed to demonstrate the techno-economic advantages, scale-up (currently projected at ˜6X), and commercial durability of the RapidSX™ technology platform. The Demo plant will process tens of tonnes of North American-friendly sources of mixed rare earth chemical concentrates over thousands of run-time hours in a simulated production environment. The planned output products are high-purity NdPr, praseodymium, neodymium, terbium, and dysprosium REEs, to be incorporated into the early stages of OEM qualification trials in Kingston coupled with demonstration and verification trials in Louisiana.
# # #jmho
farml1234
2 años hace
News out
Ucore Updates On its RapidSX Rare Earth Element Demo Plant
V.UCU | 18 minutes ago
The Kingston, Ontario, RapidSX™ Demonstration Plant ("Demo Plant") commissioning process is underway, once commissioned the plant is designed to demonstrate:
the techno-economic advantages of the RapidSX™ technology platform
processing tens of tonnes of heavy and light mixed rare earth element concentrates
running thousands of semi-continuous run-time hours
producing high-purity NdPr, praseodymium, neodymium, terbium, and dysprosium rare earth elementsfor early OEM product qualification trials
Halifax, Nova Scotia--(Newsfile Corp. - January 26, 2023) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an update on the commissioning process for its RapidSX™ Demonstration Plant ("Demo Plant") for the separation of heavy and light rare earth elements ("REEs"). The Demo Plant is located within Ucore's 5,000 square foot RapidSX™ Commercialization and Demonstration Facility ("CDF") in Kingston, Ontario, and is run by its laboratory partner, Kingston Process Metallurgy Inc.("KPM").
Cannot view this image? Visit: https://images.newsfilecorp.com/files/1119/152581_ucorefig1_550.jpg
Figure 1 - Close-up Partial Views of Ucore's RapidSX™ REE Separation Demo Plant in Kingston, Ontario
To view an enhanced version of Figure 1, please visit:
https://images.newsfilecorp.com/files/1119/152581_ucorefig1.jpg.
Commissioning of the Demo Plant is underway. Once commissioned, the Demo Plant is designed to demonstrate the techno-economic advantages, scale-up, and commercial durability of the RapidSX™ technology platform by processing tens of tonnes of North American-friendly sources of mixed rare earth chemical concentrates in a simulated production environment. The planned output products are high-purity NdPr, praseodymium, neodymium, terbium, and dysprosium REEs, to be incorporated into the early stages of original equipment manufacturers' ("OEM") qualification trials.
Simultaneously, Ucore, its engineering partner, Mech-Chem Associates, Inc. ("Mech-Chem"), and KPM are developing the full-scale engineering for the Company's first Strategic Metals Complex ("SMC"). The SMC is a planned REE separation and rare earth oxide production plant slated to commence construction in the US State of Louisiana this year. It is scheduled to initially process 2,000 tonnes of total rare earth oxides ("TREO") by the end of 2024, increasing to 5,000 tonnes in 2026.
"We are extremely pleased with the work at the CDF in concert with our partners, KPM, Mech-Chem, and a host of other supporting contractors and vendors. As we work toward near-term commercial deployment of the RapidSX™ rare earth element separation technology in North America," stated Mike Schrider, P.E., Ucore's VP and COO. "Implementing the Demo Plant commissioning process is a huge milestone for the team, and this is scheduled to be followed by a series of heavy and light rare earth element process demonstrations separating tens of tonnes of mixed rare earth concentrates over thousands of hours of facility run-time."
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