Ucore Secures $18.4M DoD Funding to Boost US Rare Earth Independence
Ucore Rare Metals awarded $18.4M by DoD to enhance US rare earth production, aiming to reduce foreign dependency and secure national supply chains.
This news is crucial as it highlights the United States' efforts to reduce reliance on foreign sources for rare earth elements, which are essential for national security and various high-tech industries. Ucore's advancements could lead to a more secure and self-sufficient supply chain, impacting defense, technology, and green energy sectors.