Ucore Announces Partnership to Recover Rare Earths From Oil Sands Operations

Rare Earth Investing

Ucore Rare Metals (TSXV:UCU) has partnered with a major Alberta oil sands producer to recover rare earth elements and other technology metals from oil sands operations. As quoted in the press release: Concurrent with this announcement, the Partnership has obtained a funding grant from the Government of Canada through the Industrial Research Assistance Program (ā€œIRAPā€). ā€¦

Ucore Rare Metals (TSXV:UCU) has partnered with a major Alberta oil sands producer to recover rare earth elements and other technology metals from oil sands operations.
As quoted in the press release:

Concurrent with this announcement, the Partnership has obtained a funding grant from the Government of Canada through the Industrial Research Assistance Program (ā€œIRAPā€). The grant will be utilized to apply SuperLigĀ® Molecular Recognition Technology (ā€œSuperLigĀ®ā€) to bench scale separations of a number of valuable metals from a Pregnant Leach Solution (ā€œPLSā€) derived from the tailings of the MOSPā€™s process flow. As part of the project, Ucore will be tailoring the process to be compatible with the Companyā€™s SuperLigĀ®-One pilot facility.

Jim McKenzie, president and CEO of Ucore, said:

This high profile project truly shows the versatility of SuperLigĀ® across a diverse range of feed-stock alternatives, including not just in-situ mining facilities, but process-flow and tailings management facilities as well.Ā The substantial production volumes available through oil sands production, in combination with the extraordinary selectivity of SuperLigĀ®, offers a compelling large scale industrial opportunity for the SuperLig platform.

Click here for the full press release.

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