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22 Jul
15:58

Ucore Rare Metals arranges financing to complete demonstration plant

Ucore Rare Metals says it has secured a $2 million secured credit facility from Orca Holdings that will allow the company to continue building a demonstration plant scheduled to be commissioned in fourth quarter 2022, Kallanish reports. The plant in Kingston, Ontario, is intended to fast-track the company’s RapidSX rare earth separation technology for commercial use, says the company with headquarters in Halifax, Nova Scotia. Ucore will, pending regulatory a…
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