Blockchain Registration Transaction Record

Ucore Rare Metals Secures $18.4M DoD Grant to Challenge China's Rare-Earth Dominance

Ucore Rare Metals awarded $18.4M by DoD to advance rare-earth tech, challenging China's dominance and boosting U.S. supply chain resilience.

This news is pivotal as it highlights a strategic move by the U.S. to secure its supply of rare-earth elements, crucial for defense technologies and renewable energy solutions. By reducing dependence on China, the U.S. not only safeguards its national security but also fosters economic growth and job creation in Louisiana. For investors, this represents a rare opportunity to be part of a federally and state-backed initiative with significant geopolitical and economic implications.