Ucore Rare Metals (TSE:UCU) has released an update.
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Ucore Rare Metals Inc. has successfully completed the second milestone of its $4 million contract with the US Department of Defense, using its RapidSX™ technology to separate and purify rare earth elements on a large scale. The company’s 52-Stage RapidSX™ Demonstration Plant at the Kingston, Ontario facility has processed thousands of liters of rare earth elements, achieving above 99% purity, advancing the strategic objective to secure US-friendly sources for critical materials like neodymium and dysprosium.
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