Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Bets Big on the Rare Oxide Market; Grants Stock Options and Announces $75 Million Investment into Flagship REE Separation and Purification Facility
Ucore has set out to capitalize on critical mid-market separation of REE through its transformative RapidSX(TM) technology in a bid to address China’s dominance in the rare oxide market The company is confident in its approach and has even committed to investing $75 million in CapEx over the next four years to establish North America’s first modern REE separation and purification facility Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals (“CM”) separation technology company, understands the potential of the rare oxide market and the stake that China currently holds. According to CEO Pat Ryan, this industry is expected…