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Ucore Rare Metals Inc. - $UURAF STOCK NEWS

Welcome to our dedicated page for Ucore Rare Metals news (Ticker: $UURAF), a resource for investors and traders seeking the latest updates and insights on Ucore Rare Metals stock.

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Rhea-AI Summary
Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) announces the completion of its third and final stage of Commercial Demonstration Plant commissioning procedures and the commencement of the US Department of Defense demonstration program for its RapidSX™ technology for rare earth element separation.
Rhea-AI Impact
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End-of-Day
13.56%
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Rhea-AI Summary
Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) announces significant updates regarding the ongoing development of its rare earth element processing refinery, the Louisiana Strategic Metals Complex. The updates include the execution of a contract for exemption of ad valorem taxes, the selection of construction engineering and contracting services, and a programmatic kick-off meeting for the construction engineering and contracting effort of the LA-SMC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.64%
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Rhea-AI Summary
Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) has secured a $4.28 million funding agreement from the Government of Canada to demonstrate its RapidSX™ Rare Earth Element Separation Technology Capabilities. The funding will be used to produce high-purity NdPr, Pr, and Nd over a 6-month period from 13-15 tonnes of Canadian and US feedstock sources. This non-repayable contribution will assist Ucore in qualifying critical magnet materials with automotive, wind energy, and consumer OEMs, complementing the recently announced US Department of Defense demonstration funding for heavy REE magnet materials. The initiative aims to develop an alternative North American rare earth supply chain, addressing concerns over the ongoing availability of these critical materials amid China's increased scrutiny over rare earth element exports.
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End-of-Day
2.04%
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Rhea-AI Summary
Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF) will be presenting at Red Cloud's 2023 Fall Mining Showcase. The event will take place at the Sheraton Centre Toronto Hotel from November 7-8, 2023. Pat Ryan, Chairman & CEO, will present on November 8th at 04:20 PM Eastern Standard time.
Rhea-AI Impact
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-3.64%
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Rhea-AI Summary
Ucore provides technical update on its RapidSX™ Demonstration Plant for rare earth element separation
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Ucore Rare Metals Inc. has been selected to attend the Autotech CTA Fall 2023 Program, providing access to potential U.S. customers, partners, and investors. They aim to establish a North American rare earth supply chain and explore strategic partnerships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.77%
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conferences
Rhea-AI Summary
Ucore Rare Metals Inc. to present virtual corporate update on October 5th, 2023.
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1.92%
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Ucore Rare Metals Inc. announces approval for its rare earth element processing facility in Louisiana, creating 100 jobs and investing over US$75 million. Planned production ramp-up to 7,500 tonnes per annum by 2027. US$8.2 million tax exemption incentive. Positive impact on stock price expected.
Rhea-AI Impact
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5.36%
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Rhea-AI Summary
Ucore Rare Metals welcomes visit from US Embassy to its RapidSX™ Commercial Demonstration Facility in Kingston, Ontario, highlighting the strategic importance of its innovative technology in rare earth element processing and potential for international collaboration. The company also received final acceptance from TSXV for the issuance of bonus warrants in connection with a Secured Credit Facility Agreement with Orca Holdings, LLC.
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Ucore Rare Metals Inc. completes initial programmatic post-award conference with the US Department of Defense for the Rare Earth Element Separation Technology Capabilities Prototype Project. The goal is to establish the first modern technology heavy and light REE processing facility in North America in Alexandria, Louisiana.
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Ucore Rare Metals Inc.

OTC:UURAF

UURAF Rankings

UURAF Stock Data

33.69M
48.17M
22%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
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