NewsRoom Articles - Page 22 of 46

TuesdayJan 16, 2024 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Doubling Down on Separation and Refining of Critical Metals Amid China’s Ban on Export of Rare Earth Technology

Ucore, a company engaged in the exploration for and separation and scalable production of REEs in Canada and the US, views China’s recent ban on the export of technology to produce rare earth permanent magnets as an opportunity Through this ban, the company looks to grow and assert its dominance in the sector, all while doing away with dependence on China This is made possible by its RapidSX(TM) technology, which it has been slowly perfecting It is also made possible by its Demonstration Program, along with its Louisianna facility that sets it on track to separating friendly REEs and OEMs…

TuesdayJan 09, 2024 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Finishes Demo Plant Commissioning for REE Processing, Turns to DOD Project and Commercial Facility Build-up

Canadian metals supply company Ucore Rare Metals Inc. recently announced completion of the third and final stage of its Demonstration Plant commissioning process for the separation of critical rare earth element (“REE”) metals used in various important technologies The commissioning process is a key part of the company’s demonstration of its proprietary RapidSX(TM) REE processing technology as it prepares for commercial production Ucore is at the forefront of companies attempting to break China’s virtual monopoly on REE production and separation processes by developing American-based supply chain solutions The company will now focus on proving its RapidSX(TM) technology in response to…

MondayJan 08, 2024 9:45 am

Turbo Energy (NASDAQ: TURB) Strategically Positioned for Growth in the Age of Artificial Intelligence

Despite challenges in the self-consumption photovoltaic sector, Turbo Energy achieved remarkable milestones, including the launch of the SunBox Industry product line, securing a patent, and forming strategic partnerships The company raised $5 million through its American Depositary Shares on the Nasdaq Capital Market, demonstrating its financial prowess amid industry headwinds Despite industry challenges, Turbo Energy maintains an optimistic outlook, leveraging diverse product offerings based on AI-driven energy optimization In the midst of challenges faced by the self-consumption photovoltaic sector in 2023, Turbo Energy (NASDAQ: TURB), a Spain-based photovoltaic energy storage innovator, achieved notable achievements. Despite revenue decline due to headwinds…

FridayJan 05, 2024 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) the West’s Strategy to Weaken China’s Minerals Dominance with its RapidSX(TM) Technology

Ucore, a company engaged in the exploration for and separation and scalable production of REEs in Canada and the US, is in the process of perfecting and ultimately commercializing the separation and purification of critical metals This is in a move to slash reliance on Chinese rare earths technologies and its toxic by-products The company has made incredible headway over the years and is on track to commercially separate U.S.-friendly sources of REES, using its RapidSX(TM) technology, by 2025 The commissioning of its RapidSX Demonstration plant in Kingston, Ontario, earlier this year affirms its commitment to actualizing the goal of…

WednesdayDec 20, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Gets Tax Exemption for US REE Processing Project, Subcontractors Also Selected

Canadian metals supply company Ucore Rare Metals Inc. is focused on establishing North American independence in the production of rare earth elements (“REEs”) vital to modern computerized technologies China currently dominates the global market for mining, processing and product creation for REEs, raising concerns that governmental controls over its industries could hamstring supplies Western nations need for everything from cell phones to fighter jet parts Ucore is preparing to establish commercial operations for REE refining and processing using the company’s trademarked RapidSX(TM) solution, which has demonstrated significant economical and environmental improvement over the standard SX separation technology The company recently…

TuesdayDec 12, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) at Forefront of Race to Develop Western Rare Earth Refining Solutions

A recent Reuters report focused its attention on rare earth mining companies’ efforts to strengthen American self-sufficiency in the production of natural elements vital to modern computerized products Rare earth element (“REE”) enterprise Ucore Rare Metals Inc. is gaining attention as a company focused on the refining of already mined rare earths to specialize in a particular sector of the supply chain, using its proprietary RapidSX(TM) technology The rare earth supply chain has been a subject of concern for years because of China’s near-monopoly on mining, refining, and production, for permanent magnets, strategic because of their use in a wide…

WednesdayDec 06, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Advances Solution to Chinese Controls on REE Supply Chain

Strategic metals supply chain innovator Ucore Rare Metals Inc. has developed a proprietary technology it expects to improve rare earth element (“REE”) processing, and is preparing for commercial use of its solution The REE supply chain has become a matter of concern to Western governments as well as private industry because of the tremendous market dominance enjoyed by the People’s Republic of China and fears China will exploit that dominance with increasing export restrictions Ucore is currently demonstrating the ability of its RapidSX(TM) REE processing solution to match and / or exceed the capacity of industry-standard CSX processing technology while…

MondayDec 04, 2023 9:45 am

Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Reveals Positive Drilling Results in Recent Interview

CEO and President Samuel David discussed the success of Prospera’s drilling program in recent interview, revealed positive results and cost reductions Prospera management estimates as little as 8% of over half a billion barrels across assets have been recovered using traditional vertical well technology Phase 2 of drilling program focused on transition from vertical to horizontal well drilling, allowing the company to tap into the significant remaining reserves Recent Q3 2023 financial highlights include Q/Q rise in operating income from $783,084 to $1,101,827 and positive net income of $71,011 compared to net loss of $779,438 in Q2 2023 Samuel David,…

MondayDec 04, 2023 9:00 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Celebrates Canada’s Decision to Add $4.28 Million in Funding to REE Separation Tech Development

Canada-based strategic metals innovator Ucore Rare Metals Inc. recently received word that the Canadian government will provide $4.28 million in non-dilutive, non-repayable funding to the company’s ongoing rare earth element (“REE”) separation technology development REEs are critical to the production of permanent magnets used in computerized technologies ranging from cell phones to national interests such as renewable energy infrastructure and military defense machinery China currently dominates the global market for mining, processing, and product creation for REEs, which underscores Western governments’ interests in developing an independent supply chain for REEs Canada’s award will help fund demonstration of Ucore’s RapidSX(TM) capabilities…

WednesdayNov 29, 2023 9:45 am

Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announcing Development Update

Prospera Energy recently announced that its sixth horizontal well has commenced drilling The well forms part of the company’s phase 2 initiatives, which will see it drill a total of ten horizontal and 8 vertical wells across its Cuthbert and Heart Hill properties Recent successes within the program – has seen drilling work and production profiles come in well ahead of expectations – this has prompted Prospera to extend its second phase beyond the initially planned ten horizontal wells The company separately revealed that it has reached a production of 1,100 boe/d from its five initial wells as of end…

ESGWireNews provides insights into ESG companies.

Contact us: (512) 354-7000