Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Set to Scale its Maximum Production Rate to 7,500 TPA Following the Selection of LSMC REE Separation and Oxide Production Facility
Ucore just announced the selection of an 80,800 square-foot brownfield facility located in England Airpark in Alexandria, Louisiana, that will serve as the company’s LSMC REE separation and oxide production facility The company is confident that the establishment will expand its maximum production rate from the current 5,000 TPA to 7,500 TPA in TREO throughout by 2027 The facility is expected to create 298 indirect jobs, for a total of 398 new jobs in Central Louisiana. It is also set to bring the total potential value of state grants, tax incentives, 1payroll rebates, and other benefits to US$15 million Ucore…