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By Shane Lasley
Mining News 

AIDEA looks into funding Ketchikan SMC

Alaska agency eyes economic advantages of rare earth facility North of 60 Mining News – October 26, 2018


Last updated 9/25/2020 at 6:52am

Southeast Alaska rare earth element refinery separation plant

Ucore Rare Metals Inc.

The Strategic Metals Complex Ucore Rare Metals is planning to develop near Ketchikan is expected to produce high quality dysprosium and other rare earth elements from feedstock sourced outside of China.

Alaska Industrial Development and Export Authority (AIDEA) continues to be interested in funding the Strategic Metals Complex, or SMC, a rare earth element separation facility that Ucore Rare Metals is planning to develop in Ketchikan, Alaska.

In 2014, the Alaska Legislature authorized AIDEA to invest up to US$145 million to help finance the development of a mine at Ucore's Bokan Mountain rare...

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