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Ucore Sets 2020 Production Start Date for Alaska SMC

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douginil   Monday, 03/05/18 10:12:25 PM
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Ucore Sets 2020 Production Start Date for Alaska SMC

March 5, 2018 – HALIFAX, NOVA SCOTIA – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) (“Ucore” or the “Company”) has set a 2020 production start date for the recently announced U.S. Strategic Metals Complex (“SMC”), a rare earth elements (“REE”) separation plant to be located in Ketchikan, Alaska. Ucore’s transition to production will be led by Mr. Mike Schrider, Chief Operating Officer and Mr. Randy MacGillivray, VP Project Development in conjunction with the engineering efforts of IBC Advanced Technologies, Inc. (“IBC”), other specialty firms, and local Alaska based consultants.

The Company is currently entering its second phase of Alaska SMC due diligence, including: (i) specific site selection within the Ketchikan Gateway Borough, (ii) design engineering, (iii) construction costing (CAPEX), (iv) finalization of input feedstocks from the short-list of competing alternatives, (v) operational costing (OPEX), and will reveal additional schedule highlights once confirmed.


Read more at:
http://ucore.com/ucore-sets-2020-production-start-date-for-alaska-smc


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