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Ucore has option to acquire IBC, own REE separation technology

 

Last updated 1/18/2018 at 7:15pm



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 IB...



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