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The SMC Business Model is our definitive yet always evolving and improving multi-year plan consisting of very explicit and interrelated goals that drive Ucore’s day-to-day decisions based on the following salient objectives:
Securing multiple US-friendly REE feedstock sources for the SMCs; on a longer-term basis and in parallel, continuing to advance the prospective HREE mine at the Bokan Project toward a feasibility study and project permitting;
Developing several strategically located SMC HREE & LREE separation plants throughout Alaska, Canada and the United States utilizing IMC’s proprietary RapidSX™ critical metals separation technology platform;
North American market development and cultivation of the tiered supplier and customer base for REE products in the Western World, disrupting China’s dominance.
2,000 tpa/5,000 tpa TREO HREE & LREE Separation & Purification Facilities to Produce REOs