Ucore Enters into Strategic Partnership with Metallium Limited
Ucore Rare Metals (OTCQX:UURAF) has formed a strategic partnership with Metallium Limited to enhance rare earth processing capabilities. The 12-month collaboration integrates Metallium's Flash Joule Heating (FJH) technology with Ucore's RapidSX separation platform at their US DoW-backed Louisiana refinery.
The partnership will develop a two-stage program: First, bench-scale testing of rare earth concentrate processing and magnet scrap conversion; second, pilot-scale production of mixed REE chlorides at Ucore's Commercial Demonstration Plant in Kingston, Ontario. The integrated system aims to process various feedstocks, including conventional REE concentrates, magnet scrap, e-waste, and lighting waste, producing separated rare earth oxides like NdPr, Dy, and Tb.
Ucore Rare Metals (OTCQX:UURAF) ha stretto una partnership strategica con Metallium Limited per potenziare le capacità di lavorazione delle terre rare. La collaborazione di 12 mesi integra la tecnologia Flash Joule Heating (FJH) di Metallium con la piattaforma di separazione RapidSX di Ucore presso l’impianto di raffinazione in Louisiana, supportato dal DoW.
La partnership svilupperà un programma in due fasi: in primo luogo, test su scala banco per l’elaborazione del concentrato di terre rare e la conversione di rottami di magneti; in secondo luogo, produzione su scala pilota di cloruri misti di REE presso il Commercial Demonstration Plant di Ucore a Kingston, Ontario. Il sistema integrato punta a processare diverse alimentazioni, tra cui concentrati convenzionali di REE, rottami di magneti, rifiuti elettronici e rifiuti di illuminazione, producendo ossidi di terre rare separati come NdPr, Dy e Tb.
Ucore Rare Metals (OTCQX:UURAF) ha formado una alianza estratégica con Metallium Limited para mejorar las capacidades de procesamiento de tierras raras. La colaboración de 12 meses integra la tecnología de Flash Joule Heating (FJH) de Metallium con la plataforma de separación RapidSX de Ucore en su refinería en Louisiana respaldada por el DoW.
La asociación desarrollará un programa en dos etapas: primero, pruebas en banco para el procesamiento de concentrados de tierras raras y la conversión de chatarra de imanes; segundo, producción a escala piloto de cloruros mixtos de REE en la Commercial Demonstration Plant de Ucore en Kingston, Ontario. El sistema integrado busca procesar diversas materias primas, incluyendo concentrados convencionales de REE, chatarra de imanes, residuos electrónicos y desechos de iluminación, produciendo óxidos de tierras raras separados como NdPr, Dy y Tb.
Ucore Rare Metals (OTCQX:UURAF)가 Metallium Limited와 전략적 파트너십을 형성하여 희토류 가공 역량을 강화합니다. 12개월 간의 협력은 Metallium의 Flash Joule Heating(FJH) 기술을 Ucore의 RapidSX 분리 플랫폼과 미국 DoW가-backed 루이지애나 정제소에서 통합합니다.
파트너십은 두 단계 프로그램을 개발합니다: 먼저 희토류 농축물 가공 및 자력 부품 스크랩 전환의 벤치스케일 테스트; 이어서 킹스턴, 온타리오에 있는 Ucore의 상업적 시연 공장(CDP)에서 혼합 REE 염 화물의 파일럿 규모 생산. 통합 시스템은 일반적 REE 농축물, 자력 스크랩, 전자폐기물, 조명 폐기물 등 다양한 원료를 처리하고 NdPr, Dy, Tb와 같은 분리된 희토류 산화물 생산을 목표로 합니다.
Ucore Rare Metals (OTCQX:UURAF) a formé un partenariat stratégique avec Metallium Limited pour renforcer les capacités de traitement des terres rares. La collaboration de 12 mois intègre la technologie Flash Joule Heating (FJH) de Metallium avec la plateforme de séparation RapidSX d’Ucore dans leur raffinerie louisianienne soutenue par le DoW.
Le partenariat développera un programme en deux étapes: d’abord des tests en banc pour le traitement du concentré de terres rares et la conversion des déchets d’aimants; ensuite une production pilote de chlorures mixtes de REE dans l’Industrial Demonstration Plant (IDP) commerciale d’Ucore à Kingston, Ontario. Le système intégré vise à traiter diverses matières premières, notamment des concentrés REE conventionnels, des déchets d’aimants, des déchets électroniques et des déchets d’éclairage, en produisant des oxydes de terres rares séparés tels que NdPr, Dy et Tb.
Ucore Rare Metals (OTCQX:UURAF) hat eine strategische Partnerschaft mit Metallium Limited geschlossen, um die Verarbeitungskapazitäten für Seltene Erden zu verbessern. Die zwölfmonatige Zusammenarbeit integriert die Flash Joule Heating (FJH)-Technologie von Metallium mit Ucores RapidSX-Trennplattform in ihrer auf dem DoW basierenden Louisiana-Raffinerie.
Die Partnerschaft wird ein zweistufiges Programm entwickeln: Erstens banco-basierte Tests zur Verarbeitung von Seltenen-Erden-Konzentraten und zur Umwandlung von Magnetabfällen; zweitens eine Pilotproduktion gemischter REE-Chloride in Ucores Commercial Demonstration Plant in Kingston, Ontario. Das integrierte System zielt darauf ab, verschiedene Rohstoffe zu verarbeiten, darunter konventionelle REE-Konzentrate, Magnetabbruchstücke, Elektroaltgeräte und Beleuchtungsschrott, und getrennte Seltene-Erden-Oxide wie NdPr, Dy und Tb zu produzieren.
Ucore Rare Metals (OTCQX:UURAF) قد شكلت شراكة استراتيجية مع Metallium Limited لتعزيز قدرات معالجة المعادن الأرضية النادرة. تتضمن الشراكة لمدة 12 شهرًا دمج تقنية Flash Joule Heating (FJH) التابعة لـ Metallium مع منصة الفصل RapidSX لدى Ucore في مصفاة Louisiana المدعومة من DoW في الولايات المتحدة.
ستطور الشراكة برنامجًا بعَتين: أولاً اختبارات على مستوى المختبر لمعالجة تركيز المعادن النادرة وتحويل خردة المغناطيس؛ ثانيًا إنتاج عملي على مستوى تجريبي لخلطات كلوريدات REE في مصنع العرض التجاري Commercial Demonstration Plant في Kingston، أونتاريو. يهدف النظام المتكامل إلى معالجة مواد خام متنوعة، بما في ذلك تركازات REE التقليدية، وخردة المغناطيس، والنفايات الإلكترونية، ونفايات الإضاءة، وإنتاج أكاسيد المعادن الأرضية النادرة المفصولة مثل NdPr وDy وTb.
Ucore Rare Metals (OTCQX:UURAF) 已与 Metallium Limited 建立战略伙伴关系，以提升稀土加工能力。为期12个月的合作将 Metallium 的 Flash Joule Heating (FJH) 技术与 Ucore 的 RapidSX 分离平台在其受到 DoW 支持的路易斯安那州炼油厂进行整合。
该伙伴关系将开发一个两阶段计划：第一阶段，在台架上对稀土矿物精矿的处理及磁性废料的转化进行测试；第二阶段，在 Ucore 位于安大略省金斯敦的商业示范工厂进行混合 REE 氯化物的中试生产。集成系统旨在处理多种原料，包括常规稀土矿、磁性废料、电子废物和照明废物，并生产分离后的稀土氧化物，如 NdPr、Dy 和 Tb。
- None.
- Agreement is only for 12 months with no guaranteed commercial arrangement
- No immediate revenue generation or financial terms disclosed
- Technology integration still requires testing and validation through multiple stages
Ucore Announces:
- The formation of a strategic partnership with Metallium Limited which will add to potential feedstock sources for the Company's US DoW backed rare earth refinery in Alexandria, Louisiana.
- Metallium's Flash Joule Heating process provides an alternative to traditional sulfate leaching approaches to generating mixed rare earth products which will be suitable for refining using Ucore's RapidSXTM technology.
- A staged program is being developed combining Metallium's front-end upgrading capability with Ucore's downstream RapidSX separation capacity, reflecting the complementary roles of each technology within the integrated flowsheet.
Halifax, Nova Scotia--(Newsfile Corp. - September 16, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce the signing of a strategic technology collaboration agreement with Metallium Limited (ASX: MTM) (OTCQX: MTMCF).
Metallium's Flash Joule Heating ("FJH") is capable of upgrading rare earth mineral concentrates to Mixed Rare Earth Chlorides ("MREC"), which will then be refined into purified rare earth oxides utilizing Ucore's RapidSXTM technology at its Louisiana refinery. FJH provides a potential alternative to traditional approaches for generating mixed rare earth products. FJH has the potential to significantly expand potential feedstock sources for Ucore's refining facility.
The focus of Ucore's business is to restore rare earth refining which is a critical bottleneck in an evolving Western World integrated rare earth supply chain. With it's modular and scalable RapidSX technology supported by the US DoW, the complex task of separating individual rare earth oxides (REOs) from developing allied feedstock sources is the lynch pin. These reliable REE concentrate sources are fundamental and because RapidSX is feedstock-agnostic, the more sources of inputs, the greater the options for creating (REO) supply pathways.
The agreement formalises a strategic partnership to integrate Metallium's FJH process, which converts a wide range of rare earth-bearing materials into high-purity chloride intermediates, with Ucore's RapidSX™ separation platform, which is being scaled at the Strategic Metals Complex (SMC) in Louisiana. Together, the companies are targeting a modular U.S.-based refining solution that can process both conventional REE concentrates and alternative feedstocks such as magnet scrap, e-waste, and lighting waste, producing separated REOs including NdPr, Dy, and Tb, while also opening opportunities to recover other critical and precious metals.
Collaboration Scope
Under the agreement, Metallium and Ucore will:
- Collaborate on integrating Metallium's FJH-based chloride upgrading technology with Ucore's RapidSX™ separation platform across a wide range of feedstocks. The collaboration will explore opportunities to bypass conventional acid-leach circuits by converting REE-bearing feedstocks into enriched mixed rare earth chlorides ("MRECℓ or "EMRECs").
- The parties will also investigate the recovery of the highly strategic heavy REE terbium (Tb) and other high-value elements from lighting waste and phosphor powders and separately undertake joint R&D on recovering non-REE metal chlorides such as Au, Sb, Sn and Cu from e-waste brines.
Next Steps
- The collaboration will advance through a staged program of test work and pilot operations. In the first stage, bench-scale testing will focus on processing Ucore-supplied rare earth concentrate through Metallium's FJH system to produce mixed REE chlorides; the conversion of magnet scrap into chlorides containing neodymium, praseodymium, dysprosium and terbium; and the extraction of terbium from lighting waste.
- In the second stage, pilot-scale production will involve pilot campaigns to produce mixed REE chlorides (MRECℓ) for processing at Ucore's Commercial Demonstration Plant in Kingston, Ontario, Canada.
- This second stage will include the processing of mixed metal chlorides derived from e-waste processed using FJH.
Figure 1: Ucore Chief Operating Officer Michael Schrider & Flash Metals USA (FMU) President Steve Ragiel at FMU's lab in Texas
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Metallium Managing Director & CEO, Michael Walshe, commented: "Ucore is constructing one of the most advanced REE downstream separation facilities in North America, and this strategic agreement positions us a key participant in that supply chain. Our FJH platform can help unlock feedstocks that are currently stranded or heavily discounted, especially those rich in heavy REEs."
Ucore Chairman & CEO, Pat Ryan, commented: "We are excited to explore the integration of Metallium's metal recovery platform with our RapidSX™ This collaboration directly supports the U.S. Government's strategic objective of developing Western-aligned separation capabilities that are scalable, flexible, and feedstock-agnostic. Our goal is to deliver consistent, high-purity rare earth outputs suitable for critical defense and commercial applications."
Illustrative Flowsheet
Metallium's FJH technology acts as an upstream upgrading step, producing chloride intermediates that are then refined into individual REEs using Ucore's RapidSX™ separation platform. The diagram below presents a modular rare earth element (REE) refining pathway capable of processing a wide range of REE-bearing feedstocks. These include primary mineral concentrates, mid-stream MREC from ionic clays, recycled materials (e.g. rare earth magnet scrap), and industrial residues (e.g. red mud, coal fly ash).
Figure 2: Integrated FJH-RapidSX™ Flowsheet for Multi-Feedstock Rare Earth Refining
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Using Metallium's proprietary FJH process, these inputs are upgraded into high-purity mixed REE chloride intermediates. The resulting solution is then conditioned and processed via Ucore's RapidSX™ separation platform to produce individual rare earth oxides (REOs), such as neodymium-praseodymium (NdPr). This integrated flowsheet represents a scalable, non-Chinese alternative to traditional sulphate-leach and solvent extraction processes, suitable for both conventional and unconventional REE sources.
The binding agreement is for a term of 12 months from the date of signing, September 13, 2025. Each party will enter good faith discussions to explore the potential of a future commercial arrangement for future collaboration. Each party shall retain all rights to their technology and binding non-disclosure agreements are in place between the parties. There are no commercial arrangements by way of fees or consideration associated with this collaboration agreement.
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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 development of a heavy and light rare-earth processing facility in the US State of Louisiana, subsequent SMCs in Canada and Alaska and the longer-term development of Ucore's
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."
For further information, please visit www.ucore.com.
Forward-Looking Statements
This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release (other than statements of historical facts) that address future business development, technological development and/or acquisition activities (including any related required financings), timelines, events, or developments that the Company is pursuing are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance or results, and actual results or developments may differ materially from those in forward-looking statements.
Regarding the disclosure in the press release above about the government support for Ucore, the Company has assumed that the applicable projects (including each of the associated milestones) will be completed satisfactorily and in accordance with the respective agreements or letters of intent (as applicable) for such government support. For additional risks and uncertainties regarding the Company, its business activities, its ability to qualify for and receive any additional funding from any U.S. or Canadian government, the CDF and the aforementioned projects (generally), see the risk disclosure in the Company's MD&A for Q1 2025 (filed on SEDAR+ on May 9, 2025) (www.sedarplus.ca) as well as the risks described below. As noted above, the execution of a Definitive Offtake Agreement will be conditional upon the parties agreeing on commercial terms, among other conditions precedent.
Regarding the disclosure above in the "About Ucore Rare Metals Inc." section, the Company has assumed that it will be able to procure or retain additional partners and/or suppliers, in addition to Innovation Metals Corp. ("IMC"), as suppliers for Ucore's expected future SMCs. Ucore has also assumed that sufficient external funding will be found to continue and complete the ongoing research and development work required at the CDF and also later prepare a new National Instrument 43-101 technical report that demonstrates that Bokan is feasible and economically viable for the production of both REE and co-product metals and the then prevailing market prices based upon assumed customer offtake agreements. Ucore has also assumed that sufficient external funding will be secured to continue the development of the specific engineering plans for the SMCs and their construction and eventual commissioning and operations. Factors that could cause actual results to differ materially from those in forward-looking statements include, without limitation: IMC failing to protect its intellectual property rights in RapidSX™; RapidSX™ failing to demonstrate commercial viability in large commercial-scale applications; Ucore not being able to procure additional key partners or suppliers for the SMCs; Ucore not being able to raise sufficient funds to fund the specific design and construction of the SMCs and/or the continued development of RapidSX™; adverse capital-market conditions; unexpected due-diligence findings; the emergence of alternative superior metallurgy and metal-separation technologies; the inability of Ucore and/or IMC to retain its key staff members; a change in the legislation in Louisiana or Alaska and/or in the support expressed by the Alaska Industrial Development and Export Authority (AIDEA) regarding the development of Bokan; the availability and procurement of any required interim and/or long-term financing that may be required; and general economic, market or business conditions.
Neither the TSXV nor its Regulation Services Provider (as that term is defined by the TSXV) accept responsibility for the adequacy or accuracy of this release.
CONTACTS
Mr. Peter Manuel, Ucore Vice President and Chief Financial Officer, is responsible for the content of this news release and may be contacted at 1.902.482.5214.
For additional information, please contact:
Mark MacDonald
Vice President, Investor Relations
Ucore Rare Metals Inc.
1.902.482.5214
mark@ucore.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266618
FAQ
What is the strategic partnership between Ucore (UURAF) and Metallium Limited?
How will Metallium's FJH technology benefit Ucore's operations?
What are the stages of the Ucore-Metallium collaboration program?
When does the Ucore-Metallium partnership agreement expire?
What rare earth products will be produced through this partnership?
