Ucore purchase of IBC erupts in legal row
North of 60 Mining News – February 22, 2019
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Last updated 9/25/2020 at 2:06pm
Ucore Rare Metals Inc.
Ucore Rare Metals and IBC Advanced Technologies worked together to apply the use of molecular recognition technology to create nearly pure rare earth elements from a solution derived from Ucore's Bokan Mountain, an undeveloped REE mine project in Southeast Alaska.
A row that has erupted between IBC Advanced Technologies Inc. and Ucore Rare Metals Inc. threatens to delay, or even derail, the proposed Strategic Metals Complex, a rare earth element separation facility that Ucore is planning to develop near Ketchikan, Alaska.
The conflict has arisen since Ucore announced its plans to buy IBC, the Utah-based company that developed the molecular recognition techn...
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