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Ucore acquires rapid REE separation tech

Cuts deal to buy Innovation Metals; Hatch joins Ucore team Metal Tech News Weekly Edition – April 29, 2020

Ucore Rare Metals Inc. has cut a deal to acquire full ownership of Innovation Metals Corp. – a private Canada-based company that has developed RapidSX technology for the separation and purification of rare earth elements and other critical metals – in exchange for C$5.8 million of Ucore shares.

Ucore and Innovation Metals entered into a service agreement earlier this year to carry out bench-scale...

 

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