Ucore Rare Metals Inc.: Ucore Provides Update on RapidSX Technology for Near-Term Commercial Rare-Earth Elements Separation in USA
Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (
Ucore or the
Innovation Metals Corp
RapidSX separation technology
RapidSX Commercialization and Development Facility (
CDF ) in Kingston, Ontario, Canada.
IMC s proprietary RapidSX technology is being commercialized for the intended cost-effective bulk separation and purification of rare-earth elements (
REEs ) - including
REOs ), in addition to other critical metals, such as lithium (
Li ), nickel (
Commissioning of the RapidSX demonstration-scale pilot plant (
RapidSX
Demonstration Plant ) is scheduled to start in Q3 2021 with a comprehensive, independent techno-economic study and the design of a commercial-scale REE separation facility, both planned for completion in Q1 2022. With the anticipated ability to demonstrate the effectiveness of the RapidSX Demonstration Plant on REE
2021-01-11 by Proactive
AVZ Minerals Ltd s (ASX:AVZ)(OTCMKTS:AZZVF)(FRA:3A2) preliminary metallurgical testing has confirmed that the lithium sourced from its Manono Lithium and Tin Project in the Democratic Republic of Congo is suitable for battery production feedstock.
Primary Lithium Sulphate Monohydrate bench-scale test-work confirmed that products from its proposed lithium sulphate plant would make a highly suitable feedstock for the electrolytic production of lithium hydroxide monohydrate.
Shares higher
The company s market cap is approximately A$574.5 million and shares have been as much as 10% higher to A$0.225, a new high of almost three years.
AVZ engaged Canadian firm Kingston Process Metallurgy (KPM) to independently test at bench-scale each of the processes in the flowsheet for the proposed Manono Lithium Sulphate Plant.