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Ucore Welcomes University of Kentucky to US Rare Earths Consortium
Jun. 19, 2017 08:28AM PST
Rare Earth InvestingUcore Rare Metals (TSX VENTURE:UCU)(OTCQX:UURAF) (“Ucore” or the “Company”) is pleased to welcome the University of Kentucky to its recently announced US Rare Earths Consortium (the “Consortium”). The Center for Applied Energy Research at the University of Kentucky (“UK CAER” or the “University”) joins Ucore and its partners in completing the recently awarded US Department …
Ucore Rare Metals (TSX VENTURE:UCU)(OTCQX:UURAF) (“Ucore” or the “Company”) is pleased to welcome the University of Kentucky to its recently announced US Rare Earths Consortium (the “Consortium”).
The Center for Applied Energy Research at the University of Kentucky (“UK CAER” or the “University”) joins Ucore and its partners in completing the recently awarded US Department of Energy (“USDOE”) US$1M work program (the “Award”).
Under the terms of the Award, the Consortium has been tasked with sourcing and concentrating feedstock from US domestic coal tailings, and utilizing Molecular Recognition Technology (“MRT”) to produce a saleable oxide of Critical Rare Earth Elements (“CREE”) to the US market.
Jim McKenzie, President and CEO of Ucore, commented:
“UK CAER is a tremendous Consortium partner. The Center has a collective knowledge base of mineral-enriched coal fields that is recognized at a world level.
In turn, Dr’s Hower and Groppo lead a team of researchers specializing in the maximization of economic utility from US coal production. This specialized knowledge, combined with the collective experience of the other members of the Consortium, makes for a formidable lineup of participants tackling this remarkable opportunity.”