Ucore Launches $18.4M DoD Project to Boost US Rare Earth Supply
Ucore Rare Metals secures $18.4M from U.S. DoD for rare earth processing unit, aiming to strengthen domestic supply chain and reduce reliance on China.
The development of a domestic rare earth elements (REE) supply chain is critical for national security and technological advancement, reducing reliance on foreign sources like China. Ucore's project not only supports the U.S. defense sector but also promotes sustainable and secure supply chains for advanced technologies, impacting industries from renewable energy to consumer electronics.
