The mining newspaper for Alaska and Canada's North

Orca buys Ucore's REE plant

Ucore Rare Metals Inc. July 31 announced that it has entered into an agreement to sell SuperLig-One to Orca Holdings LLC and then lease back the rare earth separation pilot plant from Orca, a Ketchikan, Alaska-based enterprise controlled by Ucore advisory board member Randy Johnson.

Under the terms of the agreement, Orca will pay Ucore of US$2 million for SuperLig-One and then lease the plant back...

 

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