- Ucore Rare Metals Inc. is a supply chain innovator dedicated to establishing North American production of tech-critical rare earth elements (“REEs”), a resource currently dependent upon Chinese industry priorities and governmental policies
- Ucore recently hosted representatives from the U.S. Embassy in Canada for an exclusive tour of the company’s proprietary RapidSX(TM) REE processing demonstration facility in Ontario
- The tour underscores the importance of international collaboration in establishing a North American supply for REEs and the strategic importance of such a supply chain to varied national interests
- Ucore intends to begin construction later this year on a commercial-scale REE production facility in Louisiana that expects to develop a production capacity of 2,000 metric tons of total rare earth oxides (“TREOs”) next year, increasing to 5,000 metric tons in 2025
Critical tech metal supply chain innovator Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) recently welcomed U.S. Embassy staff members on a tour of the company’s test demonstration facility in Ontario, showcasing the strategic international importance of Ucore’s rare earth element (“REE”) technology.
Ucore has developed a proprietary solution for processing REEs, which are metals regarded as critical to modern magnets used worldwide in a wide range of products that include Apple’s iPhone, Tesla’s…
NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF
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