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Results 1 - 2 of 2 for "u:petroleumnews.com" in Ketchikan, AK

  1. Mining News: Orca buys Ucore's REE plantRead the original story

    Aug 4, 2017 | Petroleum News

    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 to Ucore over a 3-year term at an annual lease rate of 15 percent.

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  2. Mining News: Ucore's Trump cardRead the original story

    Dec 16, 2016 | Petroleum News

    The mining company that's been working Southeast Alaska's rare earths project is enthusiastic about President-elect Donald Trump's support for an independent U.S. strategic metals industry, which Ucore Rare Metals' top executive says will favorably impact its plans for a domestic Strategic Metals Complex. According to Jim McKenzie, president and CEO of Ucore, China controls more than 90 percent of the global mining and production of rare earths ore and exhibits 'near complete control over each subsequent stage of the supply chain.'

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