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AIDEA looks into funding Ketchikan SMC

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

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 ear...


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