Associated tags: Mining, News, SX, Light, Chemistry, Rare-earth element, Metal, IMC, REE, HAZID, Advanced Technology Development Facility, Yttrium, Hatch, External independent evaluation, KPM, Chemical substance, UCU, Y, Unconventional warfare (United States Department of Defense doctrine), COVID-19
Retrieved on:
Wednesday, February 16, 2022
Hatch,
Forward-looking statement,
Chemistry,
SX,
DRS,
Organizational structure of the United States Department of Defense,
Light,
Employment,
Forrester,
Rare-earth element,
Metal,
Mining,
REE,
News,
GLOBE,
Metallurgy,
Management,
IMC The resignations were the result of ongoing operational challenges that involved IMCs parent corporation, Ucore Rare Metals Inc. (Ucore).
Key Points:
- The resignations were the result of ongoing operational challenges that involved IMCs parent corporation, Ucore Rare Metals Inc. (Ucore).
- IMC is commercializing this approach for a number of metals, to help enable mining and metal-recycling companies to compete in today's global marketplace.
- Forward-looking statements in this release may include, among others, statements regarding the future plans, costs, objectives or performance of Innovation Metals Corp. (IMC), or the assumptions underlying any of the foregoing.
- Except as required by law, IMC assumes no obligation to update forward-looking information should circumstances or managements estimates or opinions change.
REE,
Chemical engineering,
Process flowsheeting,
Engineering,
University,
CDF,
HAZOP,
SX,
Chemistry,
Mining,
Company,
KPM,
Metal,
Forward-looking statement,
COVID-19,
HAZID,
Advanced Technology Development Facility,
CEO,
Yttrium,
News,
GLOBE,
Rare-earth element,
Technology,
External independent evaluation,
Chemical substance,
Solution,
UCU,
Light,
Y,
Unconventional warfare (United States Department of Defense doctrine),
Audit,
IMC Interest in the RapidSX technology for the separation of REEs and other critical metals is as strong as ever, and we continue to actively engage and to progress discussions with a number of third parties.
Key Points:
- Interest in the RapidSX technology for the separation of REEs and other critical metals is as strong as ever, and we continue to actively engage and to progress discussions with a number of third parties.
- IMC has developed the proprietary RapidSX process, for the low-cost separation and purification of rare-earth elements, Ni, Co, Li and other technology metals, via an accelerated form of solvent extraction.
- Utilizing similar chemistry to conventional SX, RapidSX is not a new technology, but represents a significant improvement on the well-established, well-understood, proven conventional SX separation technology preferred by REE producers.
- Except as required by law, IMC assumes no obligation to update forward-looking information should circumstances or managements estimates or opinions change.
This innovative, dual-channel approach will underpin the successful commercialization of RapidSX for REE separation, while also advancing non-REE RapidSX applications.
Key Points:
- This innovative, dual-channel approach will underpin the successful commercialization of RapidSX for REE separation, while also advancing non-REE RapidSX applications.
- IMC Chairman, Chief Executive Officer and Co-founder, Dr. Gareth Hatch, stated, The results of the initial extraction-rate testing for the current RapidSX columns are highly encouraging.
- The hardware platform development focuses on all of the physical hardware that is required for utilization of the RapidSX technology.
- IMC has developed the proprietary RapidSX process, for the low-cost separation and purification of rare-earth elements, Ni, Co, Li and other technology metals, via an accelerated form of solvent extraction.
They will support and evaluate our technical development and advise on strategic initiatives for future RapidSX applications, in addition to those for REEs.
Key Points:
- They will support and evaluate our technical development and advise on strategic initiatives for future RapidSX applications, in addition to those for REEs.
- We are very excited and privileged to benefit from such a complementary, yet diverse group of industry experts to further enhance and advance the commercialization of the RapidSX technology.
- Dr. Azimi\xe2\x80\x99s expertise spans the fields of electrochemistry, extractive metallurgy, materials design and fabrication, materials separation and organic/inorganic chemistry.
- She has also served as an editor of Rare Metal Technology 2018 , Rare Metal Technology 2019 , Rare Metal Technology 2020 , and Rare Metal Technology 2021 .\nDr.
b"TORONTO, May 04, 2021 (GLOBE NEWSWIRE) -- Innovation Metals Corp. (\xe2\x80\x9cIMC\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) is pleased to announce the execution of a binding Technology Testing Agreement (\xe2\x80\x9cTTA\xe2\x80\x9d) with a leading, US-allied-sourced rare-earth element (\xe2\x80\x9cREE\xe2\x80\x9d) producer (\xe2\x80\x9cREE Producer\xe2\x80\x9d) for a program utilizing the Company\xe2\x80\x99s proprietary RapidSX\xe2\x84\xa2 separation technology .
Key Points:
- b"TORONTO, May 04, 2021 (GLOBE NEWSWIRE) -- Innovation Metals Corp. (\xe2\x80\x9cIMC\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) is pleased to announce the execution of a binding Technology Testing Agreement (\xe2\x80\x9cTTA\xe2\x80\x9d) with a leading, US-allied-sourced rare-earth element (\xe2\x80\x9cREE\xe2\x80\x9d) producer (\xe2\x80\x9cREE Producer\xe2\x80\x9d) for a program utilizing the Company\xe2\x80\x99s proprietary RapidSX\xe2\x84\xa2 separation technology .
- The RapidSX technology combines the proven chemistry of solvent extraction, with a significantly more effective method of enabling the chemistry to reach completion.
- The data generated will be used to help optimize flowsheets for the separation and purification of the MREC, utilizing the RapidSX technology, as a means of producing commercial-grade REOs.
- The RapidSX technology combines the proven chemistry of solvent extraction (\xe2\x80\x9cSX\xe2\x80\x9d) with a significantly more effective method of enabling the chemistry to reach completion.
Retrieved on:
Monday, February 22, 2021
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.
A comprehensive, independent techno-economic study and the design of a commercial-scale REE separation facility are planned for completion in Q1 2022.
Key Points:
- A comprehensive, independent techno-economic study and the design of a commercial-scale REE separation facility are planned for completion in Q1 2022.
- IMC anticipates that RapidSX will be ready for commercial adoption and implementation by IMCs customers via revenue-producing licensing agreements within 15 months (Q1 2022).
- The response by potential end users/licensees of the RapidSX technology for commercial REE separation has been excellent.
- Except as required by law, IMC assumes no obligation to update forward-looking information should circumstances or managements estimates or opinions change.
IMC is also pleased to announce that the Company has secured the premises for the RapidSX Commercialization and Development Facility (CDF) in Kingston, Ontario, Canada.
Key Points:
- IMC is also pleased to announce that the Company has secured the premises for the RapidSX Commercialization and Development Facility (CDF) in Kingston, Ontario, Canada.
- KPM is IMCs laboratory partner and will be supporting all aspects of IMC's technical work to commence the RapidSX optimization and commercialization program to scale up the RapidSX technology.
- Established in 2002, KPM is a highly respected, industry-leading contract chemical-process development company based in Kingston, Ontario.
- With more than 40 employees, KPM specializes in commercial process development and optimization, with techno-economic and process modeling in parallel.
Retrieved on:
Wednesday, April 29, 2020
Physical sciences,
Chemistry,
Natural sciences,
Chemical elements,
Reducing agents,
Alkali metals,
Lithium,
Cobalt,
Metal,
Caesium,
Neodymium The Acquisition Consideration will be made up of 45,383,412 common shares of Ucore (the Acquisition Shares) and C$1,000 in cash.
Key Points:
- The Acquisition Consideration will be made up of 45,383,412 common shares of Ucore (the Acquisition Shares) and C$1,000 in cash.
- Additionally, upon the closing of the Acquisition, Ucore will provide IMC with a C$500,000 non-interest-bearing intercompany loan for the immediate continued development of IMCs RapidSX separation technology.
- Co-founded by Mr. Wong and Dr. Hatch, IMC subsequently applied the RapidSX technology to the separation and purification of other critical metals including nickel-cobalt (Ni-Co) and lithium (Li) brines.
- Commercially Available: All construction materials for the RapidSX technology including all associated equipment and chemical reagents are readily commercially available.
Retrieved on:
Thursday, October 10, 2019
(IMC) is pleased to announce the execution of a binding Investment Agreement (BIA) with Hexagon Resources Limited (ASX:HXG) (Hexagon), on the formation of American Innovation Metals Inc. (AIM), a new joint-venture company focused on the commercialization of IMCs RapidSX technology for the separation of rare-earth elements (REEs).
Key Points:
- (IMC) is pleased to announce the execution of a binding Investment Agreement (BIA) with Hexagon Resources Limited (ASX:HXG) (Hexagon), on the formation of American Innovation Metals Inc. (AIM), a new joint-venture company focused on the commercialization of IMCs RapidSX technology for the separation of rare-earth elements (REEs).
- The exercise of the Option is conditional on Hexagon shareholder approval, to be sought at Hexagons AGM on November 22, 2019.
- Hexagon has for the past two years focused on the transformation of graphite into battery materials and products for highly-specified industrial applications.
- Hexagon Resources Limited (Hexagon) is listed on the Australian Securities Exchange (ASX) under the ASX code HXG.
