Ree

Ucore Chairman & CEO Provides Strategic Update to Shareholders: Taking Action Today to Secure Tomorrow

Wednesday, May 12, 2021 - 2:42pm

On May 4, 2021, Ucore announced a TTA between IMC and a leading US-allied-sourced REE producer.

Key Points: 
  • On May 4, 2021, Ucore announced a TTA between IMC and a leading US-allied-sourced REE producer.
  • Now a second TTA with a leading US-allied-sourced, advanced-stage REE development company has also been executed.
  • This very deliberate plan is underpinned by our Alaska-centric infrastructure and the RapidSX technology platform.
  • We are confident of the value, advantages and timelines associated with our three-year business plan.

Megawatt to accelerate developing prime Australian Rare Earth Projects

Wednesday, May 12, 2021 - 2:00pm

The decision to accelerate development plans for the REE properties is based on market intelligence indicating potential impending global REE supply shortages over the next decade, arising from green stimulus and rapid take up of electric vehicles (EV) propelling demand.

Key Points: 
  • The decision to accelerate development plans for the REE properties is based on market intelligence indicating potential impending global REE supply shortages over the next decade, arising from green stimulus and rapid take up of electric vehicles (EV) propelling demand.
  • Further, with China currently dominating the REE market, there is a growing necessity for supply diversity to mitigate against concentration risk.
  • Notably, Arctic Fox is contiguous and along strike from the world-class Nolans Bore REE project, which is set for commissioning in mid-2022 and has a JORC Compliant Mineral Resource.
  • No securities regulatory authority has either approved or disapproved of the contents of this news release.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/megawatt-to-accelerate-developin...\nSOURCE MegaWatt Lithium and Battery Metals Corp.\n'

Ucore Subsidiary, Innovation Metals Corp., Commences RapidSX Separation Testing with Rare-Earth Producer

Tuesday, May 4, 2021 - 2:23pm

The purpose of the TTA is to generate empirical data for joint evaluation by IMC and the REE Producer regarding IMC\'s proprietary RapidSX\xe2\x84\xa2 separation technology for the separation of the REE Producer\'s MREC.

Key Points: 
  • The purpose of the TTA is to generate empirical data for joint evaluation by IMC and the REE Producer regarding IMC\'s proprietary RapidSX\xe2\x84\xa2 separation technology for the separation of the REE Producer\'s MREC.
  • The goal is focused on producing high-purity rare-earth element oxides ("REOs") required for the global rare-earth element ("REE") permanent-magnet industry.
  • The data generated will be used to help optimize flowsheets for the separation and purification of this specific MREC, utilizing the RapidSX technology, as a means of producing commercial-grade REOs.
  • Ucore has also assumed that sufficient external funding will be secured to develop the specific engineering plans for the Alaska SMC and its construction.

Hino Motors and REE Automotive Sign Business Alliance Agreement

Tuesday, April 27, 2021 - 5:04pm

b'This communication is being made in respect of the proposed transaction involving REE Automotive Ltd. ("REE") and 10X Capital Venture Acquisition Corp ("10X SPAC").

Key Points: 
  • b'This communication is being made in respect of the proposed transaction involving REE Automotive Ltd. ("REE") and 10X Capital Venture Acquisition Corp ("10X SPAC").
  • The proxy statement/prospectus, as well as other filings containing information about REE and 10X SPAC will be available without charge at the SEC\'s Internet site ( http://www.sec.gov ).
  • Copies of the proxy statement/prospectus can also be obtained, when available, without charge, from REE\'s website at https://ree.auto/.
  • New uncertainties and risks arise from time to time, and it is impossible for REE or 10X SPAC to predict these events or how they may affect REE or 10X SPAC.

Hino Motors and REE Automotive Sign Business Alliance Agreement

Tuesday, April 27, 2021 - 7:00am

b'This communication is being made in respect of the proposed transaction involving REE Automotive Ltd. ("REE") and 10X Capital Venture Acquisition Corp ("10X SPAC").

Key Points: 
  • b'This communication is being made in respect of the proposed transaction involving REE Automotive Ltd. ("REE") and 10X Capital Venture Acquisition Corp ("10X SPAC").
  • The proxy statement/prospectus, as well as other filings containing information about REE and 10X SPAC will be available without charge at the SEC\'s Internet site ( http://www.sec.gov ).
  • Copies of the proxy statement/prospectus can also be obtained, when available, without charge, from REE\'s website at https://ree.auto/.
  • New uncertainties and risks arise from time to time, and it is impossible for REE or 10X SPAC to predict these events or how they may affect REE or 10X SPAC.

Hino Motors and REE Automotive Sign Business Alliance Agreement

Tuesday, April 27, 2021 - 7:00am

b'This communication is being made in respect of the proposed transaction involving REE Automotive Ltd. ("REE") and 10X Capital Venture Acquisition Corp ("10X SPAC").

Key Points: 
  • b'This communication is being made in respect of the proposed transaction involving REE Automotive Ltd. ("REE") and 10X Capital Venture Acquisition Corp ("10X SPAC").
  • The proxy statement/prospectus, as well as other filings containing information about REE and 10X SPAC will be available without charge at the SEC\'s Internet site ( http://www.sec.gov ).
  • Copies of the proxy statement/prospectus can also be obtained, when available, without charge, from REE\'s website at https://ree.auto/.
  • New uncertainties and risks arise from time to time, and it is impossible for REE or 10X SPAC to predict these events or how they may affect REE or 10X SPAC.

Defense Metals Retains SRK Consulting (Canada) Inc. to Complete Wicheeda Rare Earth Element Project Economic Scenario Analysis

Tuesday, March 30, 2021 - 10:00am

VANCOUVER, BC, March 30, 2021 /PRNewswire/ -Defense Metals Corp. ("Defense Metals") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that it has engaged SRK Consulting (Canada) Inc. ("SRK") to conduct an economic scenario analysis with respect to the Wicheeda Rare Earth Element (REE) Project.

Key Points: 
  • VANCOUVER, BC, March 30, 2021 /PRNewswire/ -Defense Metals Corp. ("Defense Metals") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that it has engaged SRK Consulting (Canada) Inc. ("SRK") to conduct an economic scenario analysis with respect to the Wicheeda Rare Earth Element (REE) Project.
  • The scenario analysis will facilitate decision making related to performing a Preliminary Economic Assessment (PEA) with respect to the Wicheeda REE Project.
  • Craig Taylor, CEO of Defense Metals, stated:"We are extremely pleased to have engaged a mine engineering consultant of SRK's calibre to complete our Wicheeda REE Deposit economic scenario analysis as we continue to move towards our PEA.
  • Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada.

Defense Metals Prepares High-Grade Rare Earth Element Concentrate Samples For Shipment to Multiple Potential Offtake Partners

Tuesday, March 23, 2021 - 9:00am

The requests from each potential buyer in Asia are for 2-6 kilogram size samples of REE concentrate.

Key Points: 
  • The requests from each potential buyer in Asia are for 2-6 kilogram size samples of REE concentrate.
  • Defense Metals has initiated the process of preparing Canadian government export permit documentation required to export these critical REE mineral concentrate samples internationally.
  • These requests represent a major step forward in our efforts to assess the market potential of long-term REE mineral concentrate offtake sale agreements."
  • Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada.

Defense Metals Pre-Pilot Hydrometallurgy Achieves High Impurity Removal With Minimal Rare Earth Element Losses From Wicheeda Flotation Concentrate

Monday, March 1, 2021 - 1:00pm

Craig Taylor, CEO of Defense Metals, stated:"Defense Metals is extremely pleased with rapid advances being made in our pre-pilot hydrometallurgical optimization.

Key Points: 
  • Craig Taylor, CEO of Defense Metals, stated:"Defense Metals is extremely pleased with rapid advances being made in our pre-pilot hydrometallurgical optimization.
  • We continue fine-tune our gangue leach, via milder conditions versus base case3, with an eye to striking the optimal balance of high front-end impurity rejection with minimal REE losses.
  • The SGS analyses included a quality assurance / quality control (QA/QC) program including the insertion of rare earth element standard and blank samples.
  • Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada.

Innovation Metals Corp. Provides Market Commentary on Recent Rare-Earth Industry Developments

Monday, February 22, 2021 - 4:06pm

TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Innovation Metals Corp. (IMC or the Company) is pleased to provide the following commentary on recent notable developments in the rare-earth elements (REEs) industry, in particular, as it pertains to the United States and allied nations.

Key Points: 
  • TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Innovation Metals Corp. (IMC or the Company) is pleased to provide the following commentary on recent notable developments in the rare-earth elements (REEs) industry, in particular, as it pertains to the United States and allied nations.
  • However, Chinas strength in refining has more to do with a historically higher tolerance for pollution than any technological edge.
  • By strategically controlling the global REE market at subsidized prices, China has driven out competitors and deterred new market entrants.
  • Chinas state-backed ability to crash the REE market, at any time, takes the REE problem out of the realm of ordinary market dynamics.