North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Ucore Rare Metals Inc. March 13 reported that it has secured an option to acquire the outstanding shares of IBC Advanced Technologies, a company that has been instrumental in designing and developing a rare earth separation process for Ucore.

Ucore paid US$650,000 to enter the two-year option.

Under the terms of the agreement, Ucore will have the right to purchase the outstanding shares of IBC for...