Blockchain Registration Transaction Record

Ucore Secures Defense Priority Status for Rare Earth Project with US Army

Ucore Rare Metals secures defense priority status for $22.4M US Army project to build rare earth processing facility, reducing dependence on Chinese supply chains for critical materials.

This development matters because it represents a crucial step toward reducing Western dependence on China for rare earth elements, which are essential for modern technologies including electric vehicles, wind turbines, smartphones, and advanced military systems. The DPAS rating ensures this critical infrastructure project receives priority treatment, accelerating the timeline for establishing domestic processing capabilities. For consumers and industries, this means greater supply chain security and reduced vulnerability to geopolitical tensions that could disrupt access to these vital materials. The project also supports national security interests by ensuring reliable access to materials needed for defense applications while creating economic opportunities in the advanced manufacturing sector.