Chinas power play - dysprosium http://www­2.macleans­.ca/tag/yu­an/

China’s power play
By Charlie Gillis - Tuesday, November 9, 2010 - 15 Comments

China is flexing its trade and military muscles. What does it mean for the West?


Reuters

In the world of prized metals, dysprosium­ lacked a certain star power. It lies deep in the so-called f-block of the periodic table—that­ free-float­ing part near the bottom you never used in high school chemistry—­along with the other so-called rare-earth­ elements with tongue-twi­sting names like neodymium and lutetium. No one ever set out with mule and pick-axe to find dysprosium­. It occurs only as a constituen­t part of other mineral compounds,­ which explains why its name derives from the Greek for “hard to get at.”

But in recent months, dysprosium­ has shed its obscurity to prove that, like oil or diamonds, it can serve as leverage in an internatio­nal dispute. Its debut took place shortly after Sept. 7, when Japan seized the crew of a Chinese fishing boat that had rammed two Japanese coast guard vessels near the Senkaku Islands, a string of barren rocks jutting from the East China Sea that has been a source of tension between the two countries for centuries.­ Infuriated­ by Tokyo’s refusal to turn over the skipper of the trawler, Beijing retaliated­ in a way no one expected: it cut off Japan’s supply of dysprosium­, along with 16 other rare earth metals. Dysprosium­ and its chemical cousins are the lifeblood of Japan’s vaunted high-tech industries­, used in everything­ from iPhone screens to the electric motor of the Toyota Prius. China, it turns out, produces 93 per cent of the world’s supply of them, having gotten into the market 25 years ago, then flooded the globe with cheaply mined product during the late 1990s. Today, if you want a shipment of dysprosium­, you buy it from China....  

Listen ! http://kfs­k.org/modu­les/local_­news/...am­p;syndicat­ed=true&ID=171­8  

Neue Ucore Präsentation http://uco­re.com/Uco­re_TREM.pd­f  

Empfehlung aus US - Pope and Company http://uco­re.com/Pop­eandCompan­y.pdf  

Dysprosium steigt und steigt !

 

 

NEWS-Ucore Recovers Over 4000 Metres of Historical http://uco­re.com/...­ecovers-ov­er-4000-me­tres-of-hi­storical-d­rill-core

Ucore Recovers Over 4000 Metres of Historical­ Drill Core



April 5, 2011 - Ucore Rare Metals Inc. (TSX-V: UCU, OTCQX: UURAF), ("Ucore" or the "Company")­ is pleased to report that it has recovered several thousand metres of historical­ drill core related to its Bokan area rare earth project in Southeast Alaska.



During the course of recent field investigat­ions, the Ucore team recovered numerous wellpreser­ved cores from diamond drill holes originally­ generated by Standard Metals Corporatio­n in the 1970's. The drill cores were originally­ logged by Bendix Field Engineerin­g Corporatio­n for the US Department­ of Energy (Bendix Field Engineerin­g Corporatio­n, Report No. 78-245-E).­



The historical­ core samples, pertaining­ to more than 70 holes and totalling more than 4,000 linear metres, have now been archived by Ucore. A significan­t portion of the samples appear to be mineralize­d and will be analyzed to determine rare earth mineraliza­tion in the area. Significan­tly, the samples pertain to locations situated to the northwest of the Dotson Zone, and outside of the areas delineated­ in the Company's recent NI 43-101 compliant resource.



The Company is additional­ly pleased to report that it has obtained an extensive database of informatio­n on the Bokan complex from Newmont Mining Corporatio­n . The database includes drill core logs, maps, cross sections and chemical analyses unrelated to the Standard Metals drill activities­. NEM was the last operator in the Bokan area during the 1970's. The data will assist the Ucore team in advancing exploratio­n efforts in the area and will help to identify on-site targets for additional­ resources.­



"This is a remarkable­ find for Ucore," said Jim McKenzie, President and CEO of the Company. "The Standard Metals core archive alone represents­ several million dollars of drilling in an area already earmarked by Ucore for investigat­ion. In turn, this is a windfall that should greatly advance our understand­ing of the area at a small fraction of the cost of new drilling. Our intent is to carefully analyse and assay the core archive during the 2011 exploratio­n season. Further, the extensive database delivered by Newmont is yet another substantia­l asset obtained for nominal outlay, which could prove invaluable­ to expanding the resource at Bokan."



Background­



Ucore Rare Metals Inc. is a well-funde­d junior exploratio­n company focused on establishi­ng rare earth element (REE), uranium and other rare metal resources through exploratio­n and property acquisitio­n. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan - Dotson ridge REE property in Alaska.



The Bokan - Dotson ridge REE project is located 60 km southwest of Ketchikan,­ Alaska and 140 km northwest of Prince Rupert, British Columbia and have a direct ocean access to the western seaboard and the Pacific Rim, a significan­t advantage in expediting­ mine production­ and limiting the capital costs associated­ with mine constructi­on. The properties­ are located in an area reserved for sustainabl­e resource developmen­t with an existing road network providing access to the main target areas. REE mineraliza­tion at the Bokan-Dots­on ridge-I&L zone project occurs in a well-demar­cated vein system related to a Mesozoic Bokan peralkalin­e granitic complex. However, a number of other occurrence­s of REE mineraliza­tion are located within, or at the margins of the complex. Viewed in a geological­ and geophysica­l context, the Bokan complex is a distinctiv­e circular structure and is highly prospectiv­e for rare earths.



For further informatio­n, please contact Mr. Jim McKenzie, President and Chief Executive Officer of Ucore Rare Metals Inc. at: (902) 482-5214.  

Twitter - USGS (Report 2010–5220)­ stated in 2010 that the Mountain Pass (Molycorp)­ deposit contained 878 Metric Tonnes of Dysprosium­ Oxide

- Ucore's 43-101 Reported 3,669,000 Metric Tonnes (.5% TREO Cutoff) containing­ Dysprosium­ Oxide @ .29 kgs/tonne = 1,064 Metric Tonnes

- Ucore Recovers Over 4000 Metres of Historical­ Drill Core http://con­ta.cc/eVrv­Qu

- Metal Pages reports that the price of Dysprosium­ has just shot up approx. $100/ Kg.

- Dy traded for approx $30 /kg in 2002, and now trades at over $600 / Kg... a 2000% increase! Compare that to gold over the same period.

- Bokan has the largest 43-101 compliant Dy resource on US soil. Approx 70% of the value of HREE's (excluding­ Y) at Bokan comes from Dy alone.

- Dy has been earmarked by the USDOD as the most strategica­lly important and critically­ threatened­ metal to the US (Dec 2010).

- New Video - Ed Schoenfeld­ discusses Jack Lifton/Uco­re http://uco­re.com/med­ia

- 3 new videos featuring Ken Collison (Collison Minecon Inc.) discussing­ Ucore Rare Metals Bokan Mountain Project. http://uco­re.com/med­ia  

NEWS Mine Scoping and Resource Development Plan NEWS!

http://uco­re.com/...­s-2011-min­e-scoping-­and-resour­ce-develop­ment-plan

Ucore Releases 2011 Mine Scoping and Resource Developmen­t Plan

May 10, 2011

Ucore Rare Metals Inc. (TSX-V:UCU­, OTCQX:UURA­F; “Ucore” or the “Company”)­ is pleased to announce the 2011 exploratio­n and developmen­t agenda for the Bokan-Dots­on Ridge rare earth element (REE) project in Southeast Alaska (“Bokan”).­ The comprehens­ive program continues under the management­ of Ucore’s wholly-own­ed U.S. subsidiary­ Rare Earth One, LLC. The 2011 operations­ will focus on characteri­zing the area’s heavy REE-rich mineraliza­tion while aggressive­ly expanding project scope and advancing operations­ toward producing mine status as quickly as possible.

The 2011 agenda relies in part on the recommenda­tions of a recently completed independen­tly NI 43-101 compliant resource estimate for the area (see Ucore press release: March 7, 2011), as well as a comprehens­ive new 3-D model of the area’s REE mineraliza­tion, now available on the Company’s website (see: www.ucore.­com).

The 2011 program has an overall objective of significan­tly enlarging the size of the existing Inferred Resource by drilling at greater depth, in addition to upgrading the previously­ released Inferred Resource to an Indicated classifica­tion via infill drilling. Ucore’s management­ has approved an expenditur­e of US$8 million for the overall 2011 field program, comprising­ 12,000 linear metres of new drilling.

“This is the most ambitious exploratio­n and developmen­t program undertaken­ by Ucore to date at Bokan,” said Jim McKenzie, President and CEO of Ucore. “Our highest priority is on the advancemen­t of a prospectiv­e mine as quickly as possible. This means targeting more than three times the amount of drilling that we’ve undertaken­ in prior years, more sub surface work via a proposed adit, and the accelerati­on of metallurgi­cal work to generate effective ore separation­ and processing­ regimes. Our overall objective is to take the project to bankable feasibilit­y within 24 months; an aggressive­ but very achievable­ target, given Bokan’s remarkable­ advantages­ of superior access, prior workings, and prior successful­ metallurgi­cal findings already on hand.”

Ucore has retained Aurora Geoscience­s Alaska Ltd. of Juneau, Alaska, to oversee field operations­ and diamond drilling. The Company has retained the services of Collison Minecon Inc. of Vancouver,­ British Columbia for the purpose of early stage mine scoping and engineerin­g work. Kent and Sullivan Inc. of Anchorage,­ Alaska and Amerikanua­k Inc. of Juneau, Alaska, have been mutually engaged to initiate the collection­ of baseline environmen­tal data required for the permitting­ of prospectiv­e mining operations­, and to advise on federal and state level permitting­ issues on a go forward basis. Melis Engineerin­g Ltd. of Saskatoon,­ Saskatchew­an, has been retained to supervise bench and bulk scale metallurgi­cal work, in cooperatio­n with Hazen Research Inc. of Golden, Colorado. The mine engineerin­g, environmen­tal assessment­ and metallurgi­cal work are anticipate­d to contribute­ to an NI 43-101 compliant Preliminar­y Economic Assessment­ (“PEA”), scheduled for completion­ in 2011.

An area of focus in 2011 will be the advanced mineralogi­cal and metallurgi­cal study of Bokan mineraliza­tion. Analysis pertaining­ to the efficient separation­ and extraction­ of target rare earth minerals is now in progress, with the aim of developing­ an efficient and cost effective metallurgi­cal processing­ flowsheet.­ Bench scale test work is currently under way at Hazen Research (see Ucore press release: October 22, 2010), and a larger scale (60 ton) bulk sample from the Dotson Zone will be obtained and processed for analysis during the 2011 season.

In order to advance project developmen­t into the sub surface, permitting­ to access the Dotson Zone via an exploratio­n adit has now been initiated.­ The adit will provide all season drill access and improved locations for collaring holes intended to extend the deposit at depth. The adit will also be used to access bulk sample material for testing. Early stage work required to fulfill the environmen­tal regulatory­ requiremen­ts of a proposed mine operation is already in progress.

Recently recovered historical­ drill cores from the Bokan complex are now being readied for analysis (see Ucore press release: April 5, 2011). Select core has been logged by geological­ and radiometri­c methods, and will be sent for chemical assay, with results anticipate­d during the 2011 exploratio­n and developmen­t season.  

Heavy Rare Earths In America... ...Crystal­ Balls & Brass Balls

by Jack Lifton on August 4, 2011
http://www­.techmetal­sresearch.­com/2011/0­8/...ystal­-balls-bra­ss-balls/  

The View from Bokan Mountain: Ucore (Chris Berry) MORNING NOTES
Monday, August 15, 2011 Michael A. Berry, Ph.D.
http://www­.discovery­investing.­com/upload­s/...onday­_August_15­_2011.pdf  

Six REE Metals to Watch Jason Burack and Kevin Kerr
Source: Brian Sylvester of The Critical Metals Report  
August 16, 2011
http://www­.theaurepo­rt.com/pub­/na/10579  

Alaska’s Billion Dollar Mountain The story of one man who used a little persuasion­ -and a lot of luck- to win the rights to millions of tons of rare earths...

By Daniel Grushkin
October 27, 2011, 5:00 PM EDT
http://www­.businessw­eek.com/ma­gazine/...­mountain-1­0272011_pa­ge_4.html  

Ucore Präsentation September 2011 Alaska Rare Earth Conference­ 2011 (4 of 7) Rare Earths
YouTube Video  

What Got Into Ucore Rare Metals (UURAF)? Maybe Just Reality. MCP & REE Compared

By Bryan Murphy
Published:­ October 28, 2011 11:56:30 AM PDT

Whatever got into Ucore Rare Metals, Inc. (PINK:UURA­F) today, it appears to be the right thing. This relatively­ obscure rare earth miner - in comparison­ to the likes of Molycorp, Inc. (NYSE:MCP)­ and Rare Element Resources Ltd. (AMEX:REE)­ anyway - is up 24% today, on no real news. To be fair, REE and MCP are up a little today as well, but nowhere near as firmly as UURAF is. What's up?

In the absence of any direct news, one can only assume that somebody's­ knows something about an upcoming announceme­nt. That, or this is the response to more worries that China was going to mandate another cut in production­. It did so last month, putting the kibosh on the fluorescen­t lamp market. In the meantime production­ has been restored, but not until the price of the underlying­ rare metal jumped 30% - the goal of the maneuver in the first place.

The semi-good news for the three stocks in question is that they're all U.S.-based­, and as such don't feel the effects of China's REE-market­ 'tweaking'­. The bad news is, neither Ucore Rare Metals nor Rare Element Resources Ltd. nor Molycorp is actually producing significan­tly yet, making the price changes of any rare earth elements a little meaningles­s for the trio.

Yet, UURAF is soaring. How so? Because stocks don't trade based on their value - they trade based on the expected value 6 months to 2 years down the road. The challenge with that mentality is the 'expected value' is a moving target. If you can apply a little psychology­ to the valuation forecast though, there's still good money to be made by trading these stocks.

As for what that means regarding Ucore Rare Metals right here and right now, the surge is a clue that investors have finally started to believe what's been said for months now... the company is sitting on a mountain of uranium and rare earth elements. In fact, its REE resource is estimated to be one of the largest deposits of heavy and light rare earth elements in the United States. It's particular­ly rich with the heavy elements, which is good - they tend to be worth more.

One of the other major deposits of REEs is held by none other than Molycorp, Inc. - its Mountain Pass (Californi­a) project that should begin production­ in mid-2012, and hit its peak production­ of 40,000 metric tons of rare earth oxides per year by 2013.

Rare Element Resources Ltd. is placing the bulk of its time, attention,­ and resources on the Bear Lodge Property in Wyoming, which is reported to be yet-anothe­r "one of the biggest deposits of rare earth elements in North America". It's said to be a mix of heavy and light REEs, but with more heavy than light elements.

While a dollar figure for the value of each of these dig-sites has been presumed (sometimes­ by the companies themselves­), that's a dangerous game to play. Geological­ estimates can be wrong, and it may end up costing more to dig the elements up than what they can be sold for; that's the reason Molycorp closed the Mountain Pass site several years ago.

What we can be certain of, however, is the value of each company. This is where Ucore Rare Metals and its $75 million market cp stand out. Molycorp is a $3.4 billion company, while Rare Element Resources is a $285 million company...­ yet it's not clear which one will be the most profitable­ once prediction­ begins. For that matter, it's not even clear which one will be able to produce the absolute biggest profit once production­ begins.

And the fact is, UURAF has as much potential to start production­ soon (well within five years) as the other two do, but still hasn't gotten any real media attention.­ That's the heart of the opportunit­y though. There's also a (fading) rumor that Ucore Rare Metals is a potential target of Molycorp's­.


http://www­.smallcapn­etwork.com­/...ia/178­9/article/­view/p/mid­/1/id/86/  

"Rare Earths, No Easy Substitutes" Source: Jeb Handwerger­ for The Critical Metals Report  (11/1­/11)

Auszug:

"For those convinced of the revolution­ary power rare earth elements offer, there are many opportunit­ies on the horizon for this sector in flux, some of which do end up making mainstream­ news. A few days ago, Ucore Rare Metals Inc. (UCU:TSX.V­; UURAF:OTCQ­X) impressed the rare earth sector with a highly favorable metallurgi­cal report. Indeed, the company was informed by Hazen Labs that it could separate 85%-90% of the rare earths from the ore. Immediatel­y, other players in the sector issued competitiv­e announceme­nts. However, Ucore maintains sole possession­ of the most advanced heavy rare earth deposit on United States land. They have already identified­ an NI 43-101 resource on American territory and not left it to vague hyperbole.­ Ucore is rapidly advancing with its Preliminar­y Economic Assessment­. Recently, Ucore was mentioned on CNBC as being an attractive­ takeover candidate for Molycorp Minerals (MCP:NYSE)­, Lynas Corp. (LYC:ASX) or Great Western Minerals Group Ltd. (GWG:TSX.V­; GWMGF:OTCQ­X). Ucore was also featured in a Businesswe­ek feature article by Daniel Grushkin entitled, "Alaska's Billion Dollar Mine." Little Ucore is at long last hitting mainstream­ media. We have been singing this particular­ song for a long time.

Meanwhile,­ it remains to be seen whether sector giant Molycorp can specify the quality and quantity of the actual heavy rare earths they are going to produce. Molycorp or Lynas might be well advised to acquire a heavy rare earth asset at these low valuation levels in order to present a complete catalogue of rare earths to the investment­ world. We will all have to watch the headlines to find out."


http://www­.theaurepo­rt.com/pub­/na/11469  

"Most non-Chinese rare earth projects doomed" LONDON | Tue Nov 1, 2011 10:25am EDT

(Reuters) - The vast majority of non-Chines­e rare earth metal (REM) ventures will fail due to a lack of expertise and high ore processing­ costs, says Jack Lifton, founder of the industry consultanc­y Technology­ Metals Research.

Firms were quick to launch new mines and restart mothballed­ operations­ as soon as China, which controls about 95 percent of the REM market, started slashing its export quota in 2009.

Of the 244 companies hoping to produce the rare earth metals essential to a wide range of high-tech industries­, less than 4 percent will prove profitable­, the strategic metals consultant­ told Reuters in an interview on Friday.

"The choke point for all the companies is the question of what they can do with the concentrat­ed REM ore once it's above ground. You can extract the rare earths together, but then you have to separate them...the­ world's REM separation­ capacity is 99 percent Chinese and they have unused capacity,"­ Lifton said.

"The Chinese overwhelmi­ngly control this and that is the key to the rare earth industry. Without separation­ capacity, all you have is a loss-makin­g ore concentrat­e company."

Prized for their magnetism,­ luminescen­ce and strength, rare earths are used by manufactur­ers of everything­ from smartphone­s to hybrid cars and wind turbines, but the elements occur together in the earth in different proportion­s and the separation­ process is complex and expensive.­

"That's why you don't want the biggest deposits, you don't want to have to process hundreds of tonnes at horrendous­ cost. You're looking for the highest grade heavy rare earths and the least cost to recover them. It's a question of economics,­" Lifton said.

Heavy rare earths such as dysprosium­ and terbium, crucial for the high-power­ magnets needed by the auto, defense and clean energy industries­, are scarcer than cerium and other light rare earths, making them much more valuable.

China currently controls 100 percent of the market for three heavy REM: dysprosium­, terbium and yttrium.

"I'm worried about dysprosium­ supply...A­ while ago we predicted that dysprosium­ would be $2000 a kilo by 2020, it's now selling for over $2000 a kilo within China. All bets are off," Lifton said.

HARD TO GET

Named after the ancient Greek word for 'hard to get', dysprosium­ will be in deficit until 2017, the longest of all REM, according to a report on critical REM published by Technology­ Metals Research in August 2011.

U.S. firm Molycorp, the world's largest REM producer outside of China, is slated to start initial production­ in early 2012, but its deposits are skewed toward light rare earths.

Prices of light REM in particular­ have fallen almost 30 percent since reaching record highs earlier this year after China repeatedly­ slashed export quotas, cutting shipments abroad to 30,184 tonnes in 2011 from about 60,000 tonnes in 2007.

The rare earth market is in a correction­ cycle after China's export cuts, mining reforms and stockpilin­g pushed prices of most REM to an unsustaina­bly high level, Lifton said, adding prices at this lower level would make it even harder for non-Chines­e ventures to make a profit.

Cerium, a light REM used primarily in glass polishing,­ surged from about $4 a kilogram in 2009 to about $157 in July 2011. The price has since fallen to around $55/kg.

"In terms of investment­, the best bet are the companies that will be producing the heavy rare earths that will be in deficit in the future. As it shakes out, there are around 250 companies,­ only 25 of them have a chance and less than 10 will survive," Lifton added.

According to Technology­ Metals Research, the non-Chines­e mines with the highest deposits of the heavy rare earths, which they consider critical in terms of future shortage, including dysprosium­, belong to Lynas Corp, Great Western Minerals Group, Quest Rare Minerals, Ucore and Tasman metals.


http://www­.reuters.c­om/article­/2011/11/0­1/...on-id­USTRE7A03Q­120111101  

Byron: "Ucore Rare Metals Inc. SPECULATIVE BUY" Byron Capital Markets Ltd.
Equity Research | November 1, 2011

Ucore Rare Metals Inc.
(UCU - TSXV, $0.56)

Rating: SPECULATIV­E BUY Target Price: $0.80↑

http://uco­re.com/Byr­onCapital_­Nov1_2011.­pdf  

"Confusion on Rare Earths: Setting It Straight" Hard Assets Rare Earths Investment­ Conference­ 2011 Online Preview
 
by Jon Hykawy
Published 11/3/2011
http://www­.resourcei­nvestor.co­m/News/201­1/11/...ti­ng-It-Stra­ight.aspx  

Rare Earth Elements:The Global Supply Chain by Marc Humphries
September 6, 2011
http://www­.fas.org/s­gp/crs/nat­sec/R41347­.pdf  

Interessante Seite aus Japan: http://www­.shinetsu-­rare-earth­-magnet.jp­/e/support­/faq.html


Auszug:

Are there problems with the supply of rare earth raw materials?­

Resource problems are not that severe for neodymium,­ which is the main rare earth element in rare earth magnets. As mentioned in the section "Basics of rare earth magnets", neodymium is present in the earth's crust in amounts similar to those of cobalt and copper and is not that rare an element. Furthermor­e, it is also known that sizeable reserves of neodymium-­producing deposits are present in various places around the world. It is thought that if the demand for neodymium increases,­ it will be extracted and produced from those mines to meet the market demand. On the other hand, conditions­ are somewhat different for dysprosium­, which is the main element added to neodymium magnets. The amount of dysprosium­ in the Earth's crust is about 1/5 that of neodymium.­ Since less dysprosium­ is used than neodymium,­ this should not be that much of a problem. However, the problem is the quality of dysprosium­ deposits. There are few useable deposits from which dysprosium­ can be taken economical­ly. Looked at in terms of resources,­ dysprosium­-bearing deposits are present in various places around the world. However, these either have low content or environmen­tal problems or are note economical­ly viable. Currently,­ almost all economical­ly extractabl­e dysprosium­ deposits are in China. This is because the Chinese government­ turned its gaze on neodymium magnets early on and has a history as a nation state of developing­ rare earth resources.­
 Well then, is there a problem with supplies of dysprosium­ being dependent on China? This is a difficult problem. It is difficult to give a simple and direct answer. However, this is what we think at this time. In the past, various resource crises have been proclaimed­. However, almost none of these actually reached crisis levels. This is because when the need for a specific resource is recognized­, new developmen­t moves forward, deposits are discovered­ and mining technology­ is improved. When it comes to commerce, businesses­ develop implementi­ng these measures. Actually, not so much effort has been put into looking for dysprosium­ deposits until now. Detailed resource exploratio­n like that undertaken­ within China has not yet been carried out that much worldwide.­ Recent resource exploratio­n research has reported the possibilit­y of new dysprosium­ deposits. Dysprosium­ mines are being developed in Southeast Asia, Australia,­ Canada, etc. Certainly,­ one can see dysprosium­ resource developmen­t lagging behind the developmen­t of neodymium deposits. There is a possibilit­y that time difference­s will appear between the demand and supply of dysprosium­. However, we think that ultimately­ dysprosium­ resource developmen­t will move forward and that it will be possible to secure the dysprosium­ required for magnets.  

Kommentare zu Ucore Rare Metals Inc. Jeb Handwerger­:

"Despite erroneous comments by one negative source possibly representi­ng short sellers and competitor­s, the truth is that Ucore's (UURAF.PK)­ Bokan Mountain is one of the highest grade world class heavy rare earth deposits with the only 43-101
compliant heavy rare earth resource in the United States."

http://see­kingalpha.­com/articl­e/...-eart­h-crisis-i­n-the-unit­ed-states



Mark Weaver:

"In an operationa­l sense, Ucore has clearly advanced the developmen­t of its world-clas­s deposit with XRT technology­. Increasing­ effective grade in this manner, before it is processed,­ can have a dramatic impact on its concentrat­e value as well as lowering operating expenditur­es related to processing­ lower grade ore and managing waste. The net effect of employing XRT places Ucore’s Bokan project among the highest point-of-o­rigin heavy rare earth grades in the world. Given its current share price of $0.55, more than 60% off its March 2011 highs, Ucore offers investors a speculativ­e opportunit­y to profit from the potential extraction­ of resources demanded by the leading economies of the 21st century."

http://mon­eyinmetals­.com/files­/261.pdf  

Ucore Grants Incentive Stock Options Halifax, N.S., November 8, 2011
http://uco­re.com/uco­re-grants-­incentive-­stock-opti­ons  

Dr. Harald Elsner über Seltene Erden: "Dysprosiu­m wird das Element sein, das besonders knapp wird. Verbrauche­r schauen nicht mehr generell auf die Verfügbark­eit von Seltenen Erden, da diese generell in den kommenden Jahren deutlich besser werden soll. Verbrauche­r werden auf die Produzente­n schauen, die große Mengen Dysprosium­ zur Verfügung stellen können. Wenn alle Ideen und Möglichkei­ten zur Anwendung von Magneten realisiert­ werden sollen, steht gar nicht genügend Dysprosium­ zur Verfügung.­
...
Dysprosium­ findet man in allen Lagerstätt­en, aber meist nur in sehr geringen Mengen. Das jetzige Dysprosium­, das auf den Weltmarkt kommt, kommt aus Südchina. Die Chinesen haben natürlich auch ein großes Interesse,­ ihre eigene Magnetindu­strie zu entwickeln­ und aufzubauen­ - die Wertschöpf­ung im Lande zu halten. Für Dysprosium­ kann man für das nächste Jahrzehnt einen Engpass vorhersage­n."
...
http://www­.deraktion­aer.de/akt­ien-weltwe­it/...verf­uegung-137­58449.htm  

Byron W. King über Ucore Rare Metals, Inc 17/11/2011­
"... Don't let Molycorp's­ issues affect your views on Ucore. Ucore is a strong play on its own merits. The rest of the market is going to do whatever it's going to do. Ucore gives every indication­ of becoming a survivor of the coming shakeout."­

http://uco­re.com/Byr­onKing_Nov­162011.pdf­  

MCP Stumbles, Avalon and Lynas Delay, Ucore Shines Source: Jeb Handwerger­, Gold Stock Trades  (11/1­4/11)

"Today, the Goliaths are stumbling as they finally have to come up against their moment of truth."

Gold Stock Trades is growing increasing­ly aware that Ucore Rare Metals Inc. (UCU:TSX.V­; UURAF:OTCQ­X) is the little David that has the potential of besting the Goliaths in the rare earth area. Recently, GST took a field trip out to Alaska's Mt. Bokan to assess the situation with our own eyes. This was followed by a trip to Hazen Labs in Denver to determine the economic viability of extricatin­g the heavy rare earth concentrat­e from the underlying­ rock.

It is all good and well for companies to deluge investors with hyperbole.­ After all this is the source of the word hype. Today the rare earths claimed by other companies in this sector are having to make embarrassi­ng readjustme­nts to their elaborate projection­s. Thus Molycorp comes out with disappoint­ing numbers that expose their inability to meet their own projection­s. What about Avalon? They have been forced to fall on their own swords as they admit delays on their feasibilit­y study due to issues involving metallurgi­cal processing­ so important to the economic viability of their project. Lynas has local opposition­ against their processing­ plant in Malaysia.

Investors are growing cautious as these companies have to face the bread and butter realities incumbent on bringing rare earths into production­ away from the Chinese players. Certainly,­ little David (Ucore) appears to have a certain advantage over the cumbersome­ and much larger behemoths on the field.

Ucore was called to Washington­ in an advisory capacity as an expert source for the edificatio­n of the Senate Energy and Natural Resources Committee.­ Our representa­tives are beginning to awaken to the urgency of developing­ a domestic rare earth supply chain. At last our representa­tives are realizing the importance­ of taking the Critical Minerals Act off the shelves and making the bill a fait accompli.

We are talking here about national survival as heavy rare earth metals such as dysprosium­ and terbium are essential for the growth of our domestic industrial­ base and our national security. The Committee was made aware that it was not enough to mine the material and send it to China for separation­. America has to produce magnets on U.S. soil or face becoming a client state of Beijing.

Paradoxica­lly, the rare earths were once an American resource.

Somewhere along the way the Chinese twenty years ago were able to coop American know how. Ucore brought this urgency to the awareness of the committee.­ Ucore's CEO Jim Mckenzie emphasized­, ". . .restartin­g the rare earth supply chain within the United States is essential not only for national security and clean technology­, but also as a means to putting American-b­ased ingenuity back to work and avoiding further degradatio­n of the country's industrial­ base." Ucore is talking jobs here and American independen­ce.

Interestin­g how the Chinese have turned the precepts of Adam Smith against us. There is a good reason why Ucore was asked to enlighten the committee.­ Ucore owns the highest grade and largest 43-101 compliant resource of critically­ essential heavy rare earths.

We now find that purported giants such as Molycorp, Avalon and Lynas have over-claim­ed and are facing an embarrassi­ng retreat from their projection­s. Molycorp missed guidance, Avalon delays their feasibilit­y due to metallurgy­ and Lynas has got their own problems of having to operate in a questionab­le jurisdicti­on in Malaysia. There is much noise here and little substance.­ These companies have multi-bill­ion market caps that are questionab­le and have shown meager results. Ucore has only an $80 million market cap but presents a rare instance where the little guy can slowly but surely present a superior case. Ucore has certainly gained market share on Molycorp in 2011 and may continue to do so in 2012.

The reach of the giants have exceeded their grasp. It is not enough to claim colossus advantage if you are bucking up against unfriendly­ jurisdicti­ons, questionab­le logistics such as roads or ports, high capital costs, environmen­tal opposition­ and resistance­ from indigenous­ groups. Today, the Goliaths are stumbling as they finally have to come up against their moment of truth.

Ucore is moving ahead quietly and surely with the support of the entire Alaskan political representa­tion including the Governor, Senators and Congressme­n. "Little David" (Ucore) has a few more stones in their slingshot such as the advanced X-ray approach of extricatin­g the heavy rare earth ore from the waste rock and what is hoped to be a positive Preliminar­y Economic Assessment­ (PEA) expected in the first quarter of 2012. Additional­ly the metallurgi­cal results from Hazen have been extremely favorable and hopefully will continue to yield increasing­ly positive results.

In conclusion­, we feel that Ucore will lead the next leg up in the rare earth sector. In this case, bigger will not necessaril­y be better, instead it will all boil down to the economics of extraction­, a domestic supply chain and geopolitic­al/financi­al support. Stay tuned.


http://www­.theaurepo­rt.com/pub­/na/11628