Early evaluation of a process to separate rare earth elements from mined ore puts Ucore on a faster track to commercial deployment.
Developers of the Bokan-Dotson Ridge rare earth element mine and the Niblack gold-silver-copper mine are sending exploration workers out in the field for the summer.
Senior managers of Ucore Rare Metals subsidiary Innovation Metals are resigning as the company begins to commercialize its rare earth element separation technology.
In advance of building a processing complex in Ketchikan, Ucore reached a deal with Vital Metals to supply rare earth elements from its Canadian mine.
While rare earth elements can be found throughout the world, including in Alaska, most of the world’s production takes place in China, putting the supply chain for hundreds of products—as well as significant defense applications—at risk.