Blockchain Registration Transaction Record

Ucore CEO Urges Western Rare Earth Independence, Unveils Rapid Tech & Key Alliances

Ucore Rare Metals CEO Pat Ryan discusses building a Western rare earth supply chain using RapidSX tech, key partnerships with Vacuumschmelze, and plans for North American refining to power defense and EVs.

This news matters because it addresses a critical vulnerability in global supply chains that directly impacts national security, economic competitiveness, and the green energy transition. Rare earth elements are essential for manufacturing high-strength permanent magnets used in everything from F-35 fighter jets and missile guidance systems to electric vehicle motors and wind turbines. Currently, China controls over 80% of the global processing capacity for these materials, creating a strategic risk for Western nations. Ucore's efforts to establish a sovereign North American supply chain, backed by its faster, more efficient RapidSX technology and partnerships with major magnet producers like Vacuumschmelze, represent a tangible step toward reducing this dependency. Success would not only bolster defense manufacturing resilience but also secure the materials needed to meet ambitious climate goals and compete in the rapidly growing EV market, affecting industries, government policy, and long-term technological sovereignty.