Skyline Builders enters into letter of intent to acquire SuperCritical Tech

Skyline Builders (SKBL) announced that it has entered into a non-binding letter of intent for the acquisition of SuperCritical Technologies, a U.S. company focused on the production of uranium and other critical metals. Paul Mann, SKBL’s incoming executive chairman said “The United States is in urgent need of domestic supplies of critical materials. SuperCritical’s technology will allow it to be a cost-competitive supplier of uranium and other critical metals for the United States, thereby securing a domestic supply chain, and most importantly, promising a rapid scale-up of production, which land-based uranium mines have so far failed to do.”